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...
Accessing working capital enables companies to avoid operational disturbances in the short term and power growth for the long term. In the Asia-Pacific (APAC) region, 66% of Growth Corporates accessed working capital solutions in the last year. This share is the second lowest rate of...
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 as a crucible for innovative payment solutions. “In 2023, we saw QR codes and digital...
Mastercard said the widespread adoption of central bank digital currencies (CBDCs) faces challenges due to consumer comfort with traditional forms of money. CBDCs would have to be as widely accepted as cash to ensure user convenience, Ashok Venkateswaran, Mastercard’s blockchain and digital assets lead for...
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 as a crucible for innovative payment solutions. “In 2023, we saw QR codes and digital wallets usage surge across the region,” Chris Winter, managing director and […]
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...
October 17, 2022
Unlocking potential in the burgeoning market for luxury goods in the Asia-Pacific region isn’t a job for payments lightweights. It’s serious business with major challenges. During a recent PYMNTS panel...
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 is committed to accelerating growth in markets such as Australia, New Zealand and Singapore, according to a report posted Friday (May 31). Revolut offers a […]
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...
November 17, 2023
Mastercard said the widespread adoption of central bank digital currencies (CBDCs) faces challenges due to consumer comfort with traditional forms of money. CBDCs would have to be as widely accepted...
November 14, 2023
Mastercard has teamed with NEC to bring biometric checkout to the Asia Pacific region. The partnership, announced Tuesday (Nov. 14), combines NEC’s facial recognition and liveness verification technology with Mastercard’s payment operations, and comes as...
