Category: Fintech

Growing preference for alternative payment solutions in Hong Kong captures 41
Growing preference for alternative payment solutions in Hong Kong captures 41.7% share in 2023: report
Hong Kong – A new study by data analytics and consulting firm GlobalData revealed that alternative payment solutions have become the preferred method for e-commerce transactions in Hong Kong, making up 41.7% share in 2023. According to the report, the country’s e-commerce market saw 10.5% growth in...
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Stripe to support cross-border commerce with market expansion, new AI-powered payment solutions_11zon
Stripe to support cross-border commerce with market expansion, new AI-powered payment solutions
Singapore – Stripe, a financial infrastructure platform, has recently announced the expansion of its market coverage and AI-powered payment designed to support cross-border commerce. In this update, the firm unveiled its optimised checkout suite, with capabilities that allow businesses to establish...
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1_Asian banks to anticipate 20% surge in tech expenditures annually report (1)_11zon
Asian banks to anticipate 20% surge in tech expenditures annually: report
Manila, Philippines – A recent report from S&P Global Ratings found that banks in South and Southeast Asia may anticipate an increase in technology-related expenditures by as much as 20% annually over the next two to three years.  Technology costs are also likely to increase as regional regulators...
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3_Tom Adams to assume Adyen’s CTO role following Alexander Matthey’s departure
Tom Adams to assume Adyen’s CTO role following Alexander Matthey’s departure
Singapore – Adyen, a global payments platform, has welcomed its recently appointed chief technology officer, Tom Adams. This appointment comes after Alexander Matthey’s upcoming departure, marking the end of his decade-long tenure in the company later this year. In this new role, Tom will be responsible...
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1_Bank Negara Malaysia, PayNet to advance scam reporting in Malaysia with launch of national fraud portal_11zon
Bank Negara Malaysia, PayNet to advance scam reporting in Malaysia with launch of national fraud portal
Malaysia – Bank Negara Malaysia, Payments Network Malaysia, and various financial institutions have recently launched a national fraud portal aimed at enhancing collaboration among financial entities. The strategic launch enables the platform to facilitate data-driven evaluations of mule accounts and...
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Payment services group NETS introduces contactless payment solutions in SG using Android smart devices_11zon
Payment services group NETS introduces contactless payment solutions in SG using Android smart devices
Singapore – Network for Electronic Transfers (NETS), a payment services group, has launched its latest payment solution, allowing merchants in Singapore to use their Android smart devices as payment terminals. This technology, introduced as NETS SoftPOS, is designed to facilitate contactless payment...
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2_MAS inks agreement with Singapore’s leading banks to pioneer quantum security solutions in financial sector
MAS inks agreement with Singapore’s leading banks to pioneer quantum security solutions in financial sector
Singapore – With the proliferation of cyber risks in the financial industry, the Monetary Authority of Singapore has recently signed a memorandum of understanding with the country’s leading banks, including DBS, HSBC, OCBC, UOB, SPTel, and SpeQtral.  The initiative, formalised on August...
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Adyen, BMW Group expanded partnership to create personalised payment solutions, address customer engagement_11zon
Adyen, BMW Group expanded partnership to create personalised payment solutions, address customer engagement
Singapore – Following the success of their global e-commerce alliance, financial technology firm Adyen and global motor vehicle manufacturer BMW Group have announced an expanded collaboration. This move allows Adyen to develop customised payment solutions addressing BMW Group’s customer engagement...
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FPT Software partners with IdeatoLife to accelerate digital transformation, software development cycle_11zon
FPT Software partners with IdeatoLife to accelerate digital transformation, software development cycle
Hanoi, Vietnam – FPT Software, an IT services provider, has announced that it has recently formed a strategic collaboration with software company IdeatoLife, aiming to drive the adoption of a hyper automation and AI-enhanced software development platform, Onex Studio. In this joint effort, the two...
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Visa partners with e-wallets in PH, SEA to drive expansion in consumer choices, services_11zon
Visa partners with e-wallets in PH, SEA to drive expansion in consumer choices, services
Manila, Philippines – Digital payments provider Visa has recently announced its expanded services in the Philippines, allowing cardholders to directly use their cards with merchants and popular e-wallets like Maya and GrabPay. As part of this initiative, cardholders in the Philippines can also benefit...
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Video Title Here: The Indonesian on-ground activation status

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Video Title Here: The Indonesian on-ground activation status

Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo. Nemo enim ipsam voluptatem quia voluptas sit aspernatur aut odit aut fugit, sed quia consequuntur magni dolores eos.