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Alipay+ contributes more than 80 percent of inbound QR payments via DuitNow in MalaysiaAlipay+, the cross-border mobile payment platform of Ant International, has contributed more than 80 percent of inbound QR payments via DuitNow in Malaysia. Alipay+ said in a statement on Monday that the contribution is reflecting a successful public-private partnership in building a more connected payments ecosystem. According to the statement, in the peak travel season in December 2024, the...0 Комментарии 0 Поделились 3Кб Просмотры 0 предпросмотр
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AMRO sees fragmented systems, regulatory alignment, and cybersecurity as challenges for ASEAN regional payment connectivityWhile ASEAN’s regional payment connectivity (RPC) is making good progress, ASEAN+3 Macroeconomic Research Office (AMRO) sees some challenges, including fragmented systems, regulatory alignment, and cybersecurity remain. The research house said in a note on Thursday that as more bilateral arrangements are added under the RPC, the complexity of integration increases. Besides, the pace of...0 Комментарии 0 Поделились 109 Просмотры 0 предпросмотр
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China’s Skyee receives IPA for MPI license from MASSkyee Pte. Ltd. has on Monday announced that it has been granted in-principle approval (IPA) for the major payment institution (MPI) license from the Monetary Authority of Singapore (MAS). Skyee said in a statement that if obtained, the MPI license will allow the firm to service its Singapore market, further enhancing the payment experience for cross-border sellers, streamlining payment...0 Комментарии 0 Поделились 4Кб Просмотры 0 предпросмотр
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China’s XTransfer receives license to provide payment services in SingaporeXTransfer, a China-based business to business (B2B) cross-border trade payment platform, was granted the major payment institution (MPI) license by the Monetary Authority of Singapore (MAS) to offer payment services in the country. XTransfer said in a statement on Friday that this significant milestone strengthens the firm’s leading position in the B2B cross-border payments industry....0 Комментарии 0 Поделились 4Кб Просмотры 0 предпросмотр
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Malaysia and Cambodia officially launch cross-border QR payment phase 2Bank Negara Malaysia (BNM) and the National Bank of Cambodia (NBC) have on Tuesday launched phase 2 of the cross-border QR payment linkage between Malaysia and Cambodia. With this expansion, Malaysian travelers can now seamlessly pay Cambodian merchants by scanning the KHQR using native mobile payment application of participating financial institutions. Cambodian travelers to Malaysia can...0 Комментарии 0 Поделились 1Кб Просмотры 0 предпросмотр
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Maybank partners with central banks to strengthen cross-border QR payment connectivity between Malaysia and CambodiaMalaysian lender Malayan Banking Bhd (Maybank) has partnered with central banks to strengthen cross-border QR payment connectivity between Malaysia and Cambodia, aligns with its ASEAN 2025’s strategies. The bank said in a statement on Tuesday that it has become the strategic banking partner as well as the sponsoring and settlement bank in the second phase of the cross-border QR payment...0 Комментарии 0 Поделились 199 Просмотры 0 предпросмотр
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Project Nexus partners incorporate Nexus Global Payments to run the cross-border payment schemeNexus Global Payments (NGP) has on Thursday announced that it has been formally incorporated as a company limited by guarantee in Singapore to operationalize and manage the Nexus scheme for enabling safe and instant cross-border payments at scale. NGP said in a statement that it will be run as a not-for-profit organization. Its incorporation by the five central bank partners in Project Nexus...0 Комментарии 0 Поделились 2Кб Просмотры 0 предпросмотр
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Singapore’s Finmo secures $18.5M in Series A funding round co-led by Quona Capital, PayPal VenturesFinmo, the Singapore-based treasury operating system (TOS), has on Thursday announced its successful oversubscribed $18.5 million Series A funding round, bringing its total funding to $27 million. The firm said in a statement that the funding round was co-led by investors Quona Capital and PayPal Ventures with participation from Citi Ventures. Known for their investment focus on cutting-edge...0 Комментарии 0 Поделились 3Кб Просмотры 0 предпросмотр
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The National Bank of Cambodia formally joins the regional payment connectivity initiativeThe National Bank of Cambodia (NBC), the central bank of Cambodia, has officially joined the Regional Payment Connectivity (RPC) initiative, further strengthening regional financial integration in Southeast Asia. The NBC’s inclusion in the RPC follows its formal expression of interest to be part of the initiative, the central bank said in a statement on Tuesday. The NBC announced its...0 Комментарии 0 Поделились 1Кб Просмотры 0 предпросмотр
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TrueMoney Malaysia launches international remittance services for businesses and e-wallet users to send money overseasTrueMoney Malaysia, part of the region-leading Ascend Money financial platform, has on Tuesday announced the launch of its international remittance (IR) services in Malaysia. The new business to business (B2B) and consumer to consumer (C2C) service offering supports business payments (B2B), with a special focus on supporting corporate partners’ import transactions, the firm said in a...0 Комментарии 0 Поделились 1Кб Просмотры 0 предпросмотр
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