Thailand is reportedly investigating $27.2 million that an alleged hacker funneled into the country. Wang YunHe and other co-conspirators had purchased properties and shares of several companies, Bloomberg News reported Saturday (June 1), describing Wang as a “superhacker.” The report, citing information from the Thai...
Hong Kong and Thailand are bridging the gap between their economies. The two countries launched a new cross-border QR code payment system, known as the FPS x PromptPay Link, according to a Monday (Dec. 4) press release. The collaboration between the Hong Kong Monetary Authority...
Last week, Binance agreed to pay $4 billion to resolve a Department of Justice investigation. Although that case is in the rearview mirror, the world’s largest cryptocurrency exchange could still have a rocky road ahead of it in Asia. For example, the Philippines’ Securities and...
The value proposition of real-time payments is undeniable: payments initiated, cleared and completed in just seconds — at any time. In other words, payees get immediate access to their funds. Naturally, the revolutionary payment method continues to gain swift momentum worldwide as more countries introduce...
September 01, 2023
The value proposition of real-time payments is undeniable: payments initiated, cleared and completed in just seconds — at any time. In other words, payees get immediate access to their funds. Naturally, the revolutionary payment method continues to gain swift momentum worldwide as more countries introduce real-time payment schemes and platforms or expand and enhance existing […]
September 03, 2024
Thailand’s digital wallet stimulus plan has suddenly become less digital. As Reuters reported Tuesday (Sept. 3), Prime Minister Paetongtarn Shinawatra said the government’s planned 450 billion baht ($13.1 billion) “digital wallet” handout will be distributed in cash, a change from the government’s flagship policy. Initially, the government would have transferred 10,000 baht ($292) in credit […]
June 02, 2024
Thailand is reportedly investigating $27.2 million that an alleged hacker funneled into the country. Wang YunHe and other co-conspirators had purchased properties and shares of several companies, Bloomberg News reported...
December 04, 2023
Hong Kong and Thailand are bridging the gap between their economies. The two countries launched a new cross-border QR code payment system, known as the FPS x PromptPay Link, according...
November 29, 2023
Last week, Binance agreed to pay $4 billion to resolve a Department of Justice investigation. Although that case is in the rearview mirror, the world’s largest cryptocurrency exchange could still...
