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165 stories in this topic
Adyen, the global financial technology platform of choice for leading businesses, today published its 2025 Annual Retail Report which highlights a rising momentum in AI adoption across APAC’s retail landscape. A poll of 41,000 consumers across 28 markets…
It has been months since Hai Van last checked her purse, since she makes almost all payments by scanning QR codes with her phone. The media company in Hanoi’s Cau Giay District says: “Whether it is having breakfast and lunch at the office, making supermarket…
Some stores accept payment in cryptocurrency Pi but only partially and require buyers to pay mainly in cash. “I saw a post selling a used iPhone 11 and thought I could buy it with a dozen Pi tokens,” Thanh Son of HCMC said. But it turned out he could only pay…
The Swiss Bitcoin Association recommends the first technical standards for simplified payment verification (SPV) using digital currencies, eliminating the need to download entire the blockchain for transactions. Switzerland’s Bitcoin SV Technical Standards…
Samsung has announced the S3B512C security chip, its new fingerprint security chip developed in partnership with Mastercard, designed primarily for payment cards. According to the company, the chip is the ‘industry’s first all-in-one security chip solution’…
The first of its kind, a law preventing app market operators—the likes of Apple and Google—from necessitating app developers to use specific payment systems were imposed by Korea’s National Assembly in September 2021. Today, on January 11, 2022, Apple has…
The regional neighbors aim to boost cross-border collaborations that will strengthen Asean regional payments and provide financial inclusivity to Overseas Filipino Workers (OFWs) and micro-small-to-medium-sized enterprises (MSMEs). The central banks of…
Singapore-based YouTrip aims to scale its product offerings, including venturing into the B2B payments space, and accelerate its expansion across Southeast Asia. YouTrip has raised $30 million in a Series A funding round driven by returning investors from…
Antitrust investigations from the European Commission on tech giants such as Apple, Google, and Facebook have been going strong in the past couple of years, and tech giants have already faced fines from the EC on some dubbed ‘anticompetitive’ behaviors. Fines…
The Singapore-based startup has secured one of the largest Series A funding rounds to date in the country, which will allow it to expand in Southeast Asia. Spenmo has announced a $34 million raise in a Series A investment round led by New York-based private…
The regional partnership will support thousands of merchants across Southeast Asia, as competition in the Buy Now Pay Later (BNPL) space heats up. Global payments platform 2C2P is partnering Buy Now Pay Later (BNPL) brand Atome, which will allow its network…
South Korea is likely to bar Google and Apple from requiring software developers to use their payment systems, effectively stopping them from charging commissions on in-app purchases, the first such curbs on the tech companies by a major economy. An amendment…
Bitcoin remains the most popular cryptocurrency playing a role as an investment vehicle and also a payment medium. However, scammers are exploring the payment aspect to defraud victims resulting in losses of millions of dollars. According to data compiled by…
The country’s finance regulator is banning licensed digital asset exchanges from trading meme coins, fan-based tokens, NFTs, and social coins as part of its ongoing regulatory action against crypto trading. The Thai Securities and Exchange Commission (SEC) is…
Citi has hired a former partner from Ernst & Young to lead the upcoming launch of a new digital payment solution in the region. James Lloyd joins the treasury and trade solutions (TTS) unit as its Asia Pacific head of Spring by Citi – upcoming digital…
By using Flypay, Coles customers will no longer need to enter their payment and delivery information separately when shopping at Coles group retailers online. Once customers set up their Flypay account, all they do is select ‘Flypay’ when completing the…
