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Tag: alipay

Grab is the first Malaysian digital bank out of the gates

On September 1, 2023, the first of five licensed digital banks went live in Malaysia. In the short term, the impact of these digital...

The UPI Phenomenon: From Zero to 10 Billion

If there is one Indian innovation that has grabbed global headlines, it is undoubtedly the instant payment system UPI (Unified Payments Interface). In August 2023, monthly...

Navigating the Challenges and Opportunities of Cross-Border Payments in APAC – Fintech Singapore

In recent years, the payments industry has undergone a paradigm shift, altering the way consumers and businesses interact financially. According to a McKinsey report,...

Elon Musk’s X continues push to become a payments company

X, the social network formerly known as Twitter, has secured a currency transmitter license from Rhode Island regulators, underlining its ambitious foray into the...

GCash looks beyond Philippines for growth

GCash, the e-wallet provider with the largest market share in the Philippines, is looking to develop its presence overseas. Oscar “RenRen” Reyes, Manila-based CEO...

Tencent predicts big profits from lock-in to cloudy AI

Asia In Brief Tencent's chief strategy officer James Mitchell has told investors the Chinese web giant's hyperscale cloud operation is bullish on its AI-models-as-a-service...

Yifan He: decentralize the eRMB to make it useful

One of China’s leading blockchain executives says his company is running proofs of concept to decentralize use of China’s digital yuan – by tackling how...

HKTDC Food Expo kicks off next week with inaugural Food Expo PRO

HONG KONG, Aug 8, 2023 - (ACN Newswire) - Organised by the Hong Kong Trade Development Council (HKTDC), the much-anticipated HKTDC Food Expo, HKTDC Beauty & Wellness Expo,...

Research Report Ranks Ripple Among Top 40 Global Digital Payment Firms

Ripple, the US-based blockchain technology firm, has achieved a significant milestone by ranking among the top 40 global digital payment companies,...

Worldpay Adds More Cross-Border Payment Options with Alipay+ – Finovate

FIS-owned Worldpay is integrating Alipay+ to broaden the payment acceptance tools it offers merchants. The rollout will begin with AlipayHK, a standalone e-wallet...

Competition between suppliers intensifies as mobile self-scanning takes off

A new study by RBR Data Services, a division of Datos Insights, shows that the mobile self-scanning market is increasingly competitive, with around 50...

Cash-for-Metaverse: How China’s Digital RMB And Metaverse Strategy Could Circumvent Sanctions – CryptoInfoNet

IntroductionOn February 27, the State Council of the People’s Republic of China released its Digital China Plan (数字中国建设整体布局规划), outlining China’s latest strategy for its...

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