Standard Chartered Bank Hong Kong (SCBHK), Animoca Brands and HKT have agreed to form a joint venture to issue a stablecoin backed by the Hong Kong dollar. The new joint venture intends to apply for a license from the Hong Kong Monetary Authority (HKMA) under a new...
Money movement platform Thunes says it has added PayPal’s Hyperwallet to its Direct Global Network. With this movement, Hyperwallet customers can send money in real time to more than 450 million mobile wallets and bank accounts across Bangladesh, Indonesia, Malaysia, Philippines, South Korea, and Vietnam, Thunes announced Tuesday (Jan. 14). “With...
London-based FinTech company Revolut has reportedly set its sights on the Asia-Pacific (APAC) region for its global expansion strategy. Charlie Short, head of growth at Revolut, told Bloomberg the company is committed to accelerating growth in markets such as Australia, New Zealand and Singapore, according...
NetXD has expanded its cross-border payments partnership with Visa B2B Connect. After onboarding banks in Europe and the Americas, the collaboration is now moving to Asia, NetXD said in a Tuesday (May 21) news release. “Visa is committed to modernizing cross-border payments around the world...
April 04, 2025
The rapid advancement in payment innovations across the Asia-Pacific (APAC) region is transforming the digital commerce landscape. But those advancements, including digital wallets and digital payment methods, aren’t uniform or one-size-fits all. “APAC is a very vast and diverse market,” Raymond Cui, country manager for China at Nuvei, told PYMNTS. “It includes mature markets like […]
February 06, 2024
In recent years, the Asia-Pacific (APAC) region has emerged as a driving force in the digital payments space, with the region’s rapid technology adoption and changing consumer behaviors positioning it...
December 27, 2022
Expansion into the Asia-Pacific (APAC) region remains difficult because eCommerce merchants aren’t offering local payment methods. This came through clearly in the new study “The Emerging APAC Opportunity: Local Payment...
December 01, 2022
Local FinTech wallets are a key part of the Asia-Pacific (APAC) eCommerce ecosystem. Whether Alipay in China, Paytm in India, Kakao Pay in South Korea or Rakuten in Japan, shoppers...
February 17, 2025
Standard Chartered Bank Hong Kong (SCBHK), Animoca Brands and HKT have agreed to form a joint venture to issue a stablecoin backed by the Hong Kong dollar. The new joint venture intends to apply for a license from the Hong Kong Monetary Authority (HKMA) under a new regulatory regime, subject to the passage of the Stablecoins Bill, […]
January 14, 2025
Money movement platform Thunes says it has added PayPal’s Hyperwallet to its Direct Global Network. With this movement, Hyperwallet customers can send money in real time to more than 450 million mobile wallets and bank...
May 31, 2024
London-based FinTech company Revolut has reportedly set its sights on the Asia-Pacific (APAC) region for its global expansion strategy. Charlie Short, head of growth at Revolut, told Bloomberg the company...
May 21, 2024
NetXD has expanded its cross-border payments partnership with Visa B2B Connect. After onboarding banks in Europe and the Americas, the collaboration is now moving to Asia, NetXD said in a...
