Why is the QR code payment gaining traction in SE Asia?
NextMoney asked Justin Xiao, COO of Railsbank APAC, for a view on the spread of the QR Code throughout SE Asia. This is what he had to say: I get…
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Payments
22 posts
Klarna launches bank accounts in Germany
Klarna, a leading global payment and shopping service, is launching consumer bank accounts in Germany. The company said that the aim is to provide users with further control of their…
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Huawei Pay forms partnership with Aleta Planet and UnionPay
The mobile payment service Huawei Pay has formed a new partnership with Aleta Planet and UnionPay International (UPI) The deal sees the introduction of a mobile payment solution combining Near…
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Wirex becomes Principal Member of Visa Network in Europe
London-based payments platform Wirex has become a principal member of Visa in Europe. The principal membership allows Wirex to issue Visa cards, offer new innovative products and apply for additional…
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Railsbank to emulate Apple’s iTunes as its announces Industry step change
Railsbank hopes to do for the financial services industry what Apple’s iTunes did for the music industry. At the recent Singapore Fintech Festival the company, which has its Asian hub…
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Loads of moolah
The brilliantly named MoolahGo, a leading multi-currency digital payments specialist in Singapore, said it had clocked up more record growth in the Q2 of 2020. It recorded an impressive 480%…
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Rapyd creates all-in-one Indian payment solution
UK-based Rapyd, which also operates out of Singapore and Mumbai, is partnering with a number of Indian payments companies to create an all-in-one payment solution and a COVID-19 Solidarity Programme.…
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Global mobile wallet market to reach $7,580.1bn by 2027
The global mobile wallet market will reach $7,580.1bn by 2027, growing at a CAGR of 28.2% from 2020 to 2027. The drivers behind this growth are threefold: soar in number…
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Korean Fintech Global Money Express Partners with MoneyGram
Global Money Express, a money transfer and payment fintech in South Korea, has partnered with NASDAQ quoted MoneyGram International, a global leader in cross-border P2P payments and money transfers based…
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Mastercard buys data company Finicity as open banking gets thumbs up
Mastercard has opened its wallet and bought Finicity, a leading North American provider of real-time access to financial data and insights. The purchase price was US$825m with a potential earn-out…
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