Category: Fintech

Revolut’s new service feature streamlines bill management, payment workflows amongst businesses (1)
Revolut’s new service feature streamlines bill management, payment workflows amongst businesses
Singapore – Revolut, a financial services firm, has recently introduced its latest service feature designed to assist businesses in simplifying their bill management and payment workflows.This new solution, called BillPay, automates tasks for businesses to centralise their bills in one place, pay...
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New circular from PH’s central bank to address concerns on electronic fund transfers
New circular from PH’s central bank to address concerns on electronic fund transfers
Manila, Philippines – A new circular from the Bangko Sentral ng Pilipinas was issued for banks and other financial institutions recently in an effort to address consumer concerns related to electronic fund transfers. According to Circular No. 1195, the originating financial institution must inform...
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1_Ralph Koker to spearhead TerraPay’s product strategy, go-to-market initiatives with recent appointment
Ralph Koker to spearhead TerraPay’s product strategy, go-to-market initiatives with recent appointment
Singapore – TerraPay, a financial services firm, has announced that it has recently welcomed Ralph Koker as the company’s new global head of products. This appointment enables Koker to advance TerraPay’s product strategy while also overseeing its go-to-market efforts.In this position, he draws upon...
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1_BillEase secures strategic investment from TPG’s The Rise Fund
BillEase secures strategic investment from TPG’s The Rise Fund
Philippines – BillEase, a PH-based digital consumer finance platform, has announced that TPG’s The Rise Fund has recently embarked on a strategic investment in the company. This move enables TPG’s The Rise Fund to spearhead the firm’s Series C equity round, with existing investor Burda Principal Investment...
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Payment services group NETS names Jeremy Soo as new chairman, following three-year rotation_11zon
Payment services group NETS names Jeremy Soo as new chairman, following three-year rotation
Singapore – Payment services group Network for Electronic Transfers (NETS) has recently welcomed Jeremy Soo as its new chairman, starting September 1, 2024. This strategic appointment enables Soo to assume the role of Susan Hwee, who served in the same position since September 1, 2021.Taking on this...
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PH fintech sector to reach nearly 80% adoption rate by year-end_11zon
PH fintech sector to reach nearly 80% adoption rate by year-end
Manila, Philippines – As the Philippines increasingly embrace technology, a recent analysis by consumer finance company Digido found that the adoption rate in the financial technology sector is anticipated to achieve about 79.5%, equating to 66.4 million users by the end of the year.This figure represents...
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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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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.