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WFE’s first-half 2021 market highlights confirm continuation of growth from 2020

Published on September 09, 2021 333 Views Print WFE’s first-half 2021 market highlights confirm continuation of growth from 2020 London, 9 September – The World Federation of Exchanges (“The WFE”), the global industry group for exchanges…

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UAE can go completely cashless by 2030; Bahrain’s cashless payments surge by 65% in August hitting almost $744m

Published on September 13, 2021 401 Views Print UAE can go completely cashless by 2030; Bahrain’s cashless payments surge by 65% in August hitting almost $744m The payments landscape in the Middle East is heavily…

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Amazon extends surcharge on Visa transactions to include Australia

Published on September 13, 2021 475 Views Print Amazon extends surcharge on Visa transactions to include Australia Amazon informed its Australian customers on 1 September that a 0.5% surcharge will be imposed on Visa transactions…

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China issues plan for further developing Shenzhen-Hong Kong cooperation zone; Central bank published Financial Stability Report

Published on September 13, 2021 445 Views Print China issues plan for further developing Shenzhen-Hong Kong cooperation zone; Central bank published Financial Stability Report China issued a plan on 6 September for further developing the…

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Indian fintech Slice launched credit card with $27 default credit limit

Published on September 13, 2021 375 Views Print Indian fintech Slice launched credit card with $27 default credit limit Slice, a Bangalore-based startup, has launched a card with INR 2,000 ($27) as the default limit…

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Paypal to acquire Paidy, Japanese buy now pay later unicorn, for $2.7 billion

Published on September 13, 2021 368 Views Print Paypal to acquire Paidy, Japanese buy now pay later unicorn, for $2.7 billion PayPal announced that it has agreed to acquire Paidy, a leading two-sided payments platform…

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Techcombank goes “Cloud First” with AWS to transform customer experience

SEPTEMBER 15, 2021 — Vietnam Technological and Commercial Joint Stock Bank (Techcombank) announced that it has selected Amazon Web Services (AWS), an Amazon.com, Inc.company, as its preferred cloud provider to enhance customer experience. Techcombank will harness…

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Singapore’s PayNow and India’s UPI to link in 2022

Singapore, 14 September 2021 –  The Monetary Authority of Singapore (MAS) and the Reserve Bank of India today announced plans to link Singapore’s PayNow and India’s Unified Payments Interface (UPI) real-time payment systems by July 2022. The…

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Grab Reports Second Quarter 2021 Results

SINGAPORE & MENLO PARK, Calif.- (BUSINESS WIRE)- Grab Holdings Inc., Southeast Asia’s leading superapp, today announced financial results for the quarter ended June 30, 2021. The company posted record Gross Merchandise Value and Adjusted Net…

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El Salvador becomes first country to adopt bitcoin as legal tender

Published on September 13, 2021 307 Views Print El Salvador becomes first country to adopt bitcoin as legal tender In a bid to promote financial inclusion, open up more opportunities and modernise businesses, El Salvador…

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