APAC

Samsung and Bank of Korea Collaborate on Offline CBDC
Samsung and Bank of Korea Collaborate on Offline CBDC
May 16, 2023  |  CBDC

Samsung is reportedly working with the Bank of Korea on a central bank digital currency (CBDC). The consumer tech firm has signed an agreement known as a memorandum...

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Mastercard to Offer Vesta’s Fraud Protection Solutions in APAC Region
Mastercard to Offer Vesta’s Fraud Protection Solutions in APAC Region
May 12, 2023  |  Security & Fraud

Mastercard will soon offer Vesta’s fraud protection solutions to eCommerce merchants in the Asia-Pacific (APAC) region. As part of an expanded fraud detection partnership, Vesta’s Payment Guarantee and Payment Protect will...

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Stripe and WhatsApp Enable Payments in Chats in Singapore
Stripe and WhatsApp Enable Payments in Chats in Singapore
May 09, 2023  |  Partnerships

Stripe and WhatsApp have partnered to enable Singapore businesses to accept payments in WhatsApp chats. With Stripe Connect and Stripe Checkout integrated into WhatsApp, Singapore...

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Gemini Is Latest Crypto Firm Eyeing Overseas Operations
Gemini Is Latest Crypto Firm Eyeing Overseas Operations
April 24, 2023  |  Cryptocurrency

Gemini is the latest cryptocurrency exchange moving operations offshore amid a United States crackdown. The company — run by twin billionaires Cameron and Tyler Winklevoss...

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Billions of People and Trillions of Transactions Define the PayFac Opportunity in Emerging Markets
Billions of People and Trillions of Transactions Define the PayFac Opportunity in Emerging Markets
March 29, 2023  |  Payment Methods

Forging a 21st century commerce ecosystem on a global scale means changing consumer behavior, and merchant mindsets, particularly in markets where digital remains a small...

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Alibaba Divides Kingdom Into Six Pieces
Alibaba Divides Kingdom Into Six Pieces
March 28, 2023  |  eCommerce

Alibaba Group is splitting into six pieces with plans to take these new businesses public. The Chinese eCommerce company said Tuesday (March 28) it was...

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Nuvei Takes Three-Tiered Approach to Australia Launch
Nuvei Takes Three-Tiered Approach to Australia Launch
March 21, 2023  |  International

As China comes back online and adjoining markets like Hong Kong and nearby Singapore also reawaken from a COVID-induced slumber, that part of the world...

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Retailers Say Chinese Consumer Spending Has Not Yet Recovered From COVID
Retailers Say Chinese Consumer Spending Has Not Yet Recovered From COVID
March 10, 2023  |  Consumer Finance

China’s consumer spending hasn’t seen the surge many expected after the lifting of COVID-19 restrictions. In recent comments, the CEOs of eCommerce firms JD.com and...

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PYMNTS Intelligence: Payment Challenges and Opportunities in High-Growth Markets
PYMNTS Intelligence: Payment Challenges and Opportunities in High-Growth Markets
March 01, 2023  |  Cross Border Commerce

Southeast Asia has become a tempting area of expansion for international corporates due to its high level of digital payments penetration, with a recent study indicating that...

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