The People’s Bank of China has reportedly enabled Android users to make offline payments using digital yuan. With a new function added to the bank’s...
Naver has completed its previously announced acquisition of Poshmark and aims to grow it globally. The Korean internet company said in a Thursday (Jan. 5)...
Ant Group’s consumer finance arm is set to more than double in size. Last week saw the China Banking and Insurance Regulatory Commission approve an...
Singapore’s ChiChaPay launched Tuesday (Jan. 3) a digital wallet that processes both fiat and cryptocurrencies. “ChiChaPay will offer a host of financial options for users...
Crypto exchange Binance has almost completed its acquisition of South Korean exchange Gopax. Binance has completed due diligence, is now in the final steps of...
UnionPay said it has issued more than 200 million cards outside the Chinese mainland. The Shanghai-based card acceptance company announced the milestone Friday (Dec. 30),...
Smartpay is using open banking to streamline online installment purchases for customers in Japan. The new Smartpay Bank Direct enables customers to pay for online...
South Korean investment app Toss has raised $405 million in a Series G funding round. The round lifts the company’s valuation to a reported 9.1...
Merchants expanding into the APAC region are discovering the power of local payment methods. In the latest report examining this, “The Emerging APAC Opportunity: Local...