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Tag: Fintech

FOMO Pay unveils partnership with Visa to enable scan-and-pay card transactions _11zon
FOMO Pay unveils partnership with Visa to enable scan-and-pay card transactions 
Singapore – Singapore-based payment institution FOMO Pay has announced that it has recently partnered with digital payments firm Visa. The new partnership will enable FOMO to incorporate Visa’s QR into the SGQR network, allowing cardholders to scan the QR code and pay with their Visa cards. Simultaneously,...
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Bank Negara Malaysia, Bank Indonesia strengthen bilateral collaboration for financial, digital development_11zon
Bank Negara Malaysia, Bank Indonesia strengthen bilateral collaboration for financial, digital development
Jakarta, Indonesia – In a bid to strengthen their bilateral ties, Bank Negara Malaysia and Bank Indonesia have recently convened for a high-level meeting, where the central banks of both nations exchanged information and experiences on financial banking, local currency support, and international cooperation. A...
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Singaporeans rank enhanced security as a top priority in online banking report (1)_11zon
PayMate to drive financial flexibility, operational efficiency amongst Malaysian SMEs with De’Xandra
Kuala Lumpur, Malaysia – PayMate, a payment solutions provider, has recently forged a strategic alliance with Malaysia’s perfume producer De’Xandra. This marks the fintech leader’s entry into the Malaysian market, complementing its mission to foster digital transformation across the region’s SME sector.Under...
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Singaporeans rank enhanced security as a top priority in online banking report_11zon
Singaporeans rank enhanced security as a top priority in online banking: report
Singapore – With the increasing prevalence of online fraud, a recent survey from global financial tech firm FIS revealed that security emerged as the top online banking priority among Singaporeans. Said concern was further found among their top innovation wishlist, noting “money lock” as the...
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Fintech company Aspire welcomes industry veterans Summer Yu, Tommaso Scarpa as part of global compliance team
Singapore – Aspire, a financial services firm, has announced that it has recently expanded its compliance, risk, and IT security teams with the addition of two new leaders, including Summer Yu as the new global head of compliance and Tommaso Scarpa as the head of compliance (Singapore).This strategic...
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Only 30% of Asia-Pacific banks confident about their tech infrastructure for instant payments report_11zon
Only 30% of Asia-Pacific banks confident about their tech infrastructure for instant payments: report
Singapore – The latest study from Capgemini Research Institute revealed that only 30% of banks in Asia Pacific are confident about having a strong tech infrastructure for instant payments, indicating their ‘’underpreparedness’ for the shift.In the study, consumers in the region still prefer digital...
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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_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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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.

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.