Singapore

Singapore, an island city-state off southern Malaysia, is a global financial center with a tropical climate and multicultural population. Its colonial core centers on the Padang, a cricket field since the 1830s and now flanked by grand buildings such as City Hall, with its 18 Corinthian columns. In Singapore's circa-1820 Chinatown stands the red-and-gold Buddha Tooth Relic Temple, said to house one of Buddha's teeth.

(source: en.wikipedia.org)

HitPay Unveils Mass Payouts for Businesses in Southeast Asia
HitPay Unveils Mass Payouts for Businesses in Southeast Asia
December 11, 2023  |  Payment Methods

Commerce infrastructure provider HitPay has debuted mass payouts in three new countries. Business customers in Singapore — where HitPay is based — Malaysia and the Philippines can now...

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Singapore Airport Tests AI for Baggage Security
Singapore Airport Tests AI for Baggage Security
November 27, 2023  |  Artificial Intelligence

Singapore’s Changi Airport is reportedly gauging whether artificial intelligence can reduce security check-in times. The airport is using AI and machine learning at one of...

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Monetary Authority of Singapore Unveils Plans for Digital Money 
Monetary Authority of Singapore Unveils Plans for Digital Money 
November 16, 2023  |  CBDC

The Monetary Authority of Singapore (MAS) has unveiled a series of initiatives aimed at ensuring the secure and innovative utilization of digital money in the country.  These...

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Grab’s Payments Business Helps Drive First Adjusted Profit
Grab’s Payments Business Helps Drive First Adjusted Profit
November 09, 2023  |  Earnings

Singapore’s Grab has logged its first profit on an adjusted basis as it looks to expand. The ride-hailing and delivery giant shared that news as it released...

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JCB and Stripe Expand Partnership to Europe, Singapore, Hong Kong
JCB and Stripe Expand Partnership to Europe, Singapore, Hong Kong
November 01, 2023  |  Partnerships

JCB International and Stripe have expanded their partnership to Europe, Singapore and Hong Kong. As part of this expansion, Stripe added JCB to its default payment scheme for...

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YouTrip Raises $50 Million to Expand Multicurrency Digital Wallet
YouTrip Raises $50 Million to Expand Multicurrency Digital Wallet
October 26, 2023  |  Investments

Singapore-based multicurrency digital wallet provider YouTrip raised $50 million in a Series B funding round. The firm will use the capital to launch new products...

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Airwallex to Acquire Mexico Payments Company MexPago
Airwallex to Acquire Mexico Payments Company MexPago
October 19, 2023  |  Acquisitions

Airwallex, a global payments and financial platform for businesses, has announced a deal to acquire MexPago, a Mexico-based payment service provider. This acquisition marks Airwallex’s entry...

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Grab’s Expansion Plans Hit Regulatory Roadblock in Singapore
Grab’s Expansion Plans Hit Regulatory Roadblock in Singapore
October 16, 2023  |  Ridesharing

Singapore’s competition watchdog has pumped the brakes on ride-hailing giant Grab’s plan to acquire Trans-cab. The Competition and Consumer Commission of Singapore (CCCS) announced Monday (Oct. 16) it had concerns about the...

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UnionPay and TripLink Unveil Virtual Card for B2B Cross-Border Payments
UnionPay and TripLink Unveil Virtual Card for B2B Cross-Border Payments
October 10, 2023  |  B2B Payments

Global payment network UnionPay has partnered with FinTech company TripLink to introduce the UnionPay Virtual Commercial Card in Singapore. This collaboration aims to address the cross-border payment needs of...

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