Swedish fintech company Dicopay has raised SEK42m ($4.5m) for its invoicing and payment app for entrepreneurs. The company, which was founded in 2017, intends to …
Sponsorship from banks: Music to our ears April 18, 2019 
Xiaomi introduces own mobile payment service in India
Chinese smartphone maker Xiaomi has launched its own mobile payment service Mi Pay in India. The Chinese firm received regulatory approval to introduce the service …
Western Union partners Thunes to enhance mobile wallets payout capabilities
Western Union has teamed up with cross-border payments network Thunes to enable its customers to transfer directly into mobile wallets in emerging markets. Subsequently, the …
ACI Worldwide partners Solutions by Text for SMS payment
ACI Worldwide has forged an alliance with Solutions by Text to enable organisations to receive payments through text. Under the alliance, Solutions by Text’s software …
Finexio forms strategic alliance with Mastercard
Finexio, a B2B payment network in the US, has forged a strategic relationship with Mastercard to introduce more businesses to the efficiencies of electronic payments. …
Chinese emerging tech companies garner largest chunk of VC investment in 2018
In 2018, Chinese companies received the largest share of venture capital (VC) funding by value in the emerging tech companies space. This is according to …
Taiwan’s E. SUN Commercial Bank equips ATMs with facial recognition
Taiwanese lender E. SUN Commercial Bank has deployed NEC Corporation’s facial recognition system in five ATMs. The biometric system, delivered by NEC Taiwan, aims to …
UOB and Grab announce series of digital initiatives
United Overseas Bank (UOB) has announced that ride-hailing app Grab will now offer UOB Cards solutions and privileges directly on its mobile app as part …
Western Union introduces digital money transfer service in South Korea
Western Union has rolled its digital money transfer service in South Korea in collaboration with local mobile-first bank kakaobank. Western Union’s cross-border functionalities has been …
InstaReM, Visa partner to make international money transfers easier
Singapore-headquartered digital cross-border payments company InstaReM has joined Visa’s fintech fast-track programme in the Asia Pacific region. This programme is designed to makes it quicker …