by Nehad Kenanie | Mar 9, 2017 | Asia, Payments, Singapore, Technology, Trade Finance, Uncategorised
(9 March 2017 – Singapore) The Monetary Authority of Singapore (MAS) has announced the successful conclusion of the proof-of-concept project to conduct domestic inter-bank payments using blockchain technology. The project, in partnership with R31 and a consortium of...
by Nehad Kenanie | Mar 8, 2017 | Italy, Payments, Technology, Uncategorised
(8 March 2017 – Italy) Apple Pay is “arriving” in Italy with support from Mastercard, Visa, Carrefour Banca, UniCredit and German payment processor Wirecard’s Boon service, Apple’s website says.A timeline for the launch has not been...
by Nehad Kenanie | Feb 22, 2017 | India, Payments, Technology, Uncategorised
(22 February 2017 – India) Indian consumers are now able to make QR code-based mobile payments using BharatQR, a “low cost, interoperable mobile acceptance solution” backed by the Indian government and developed by Mastercard, Visa and National...
by Nehad Kenanie | Feb 21, 2017 | Asia, Business Development & Expansion, Investment, Payments, South Korea, Uncategorised
(21 February 2017 – Asia) Alibaba’s finance arm, Ant Financial has revealed yet another deal. The firm will invest US$200 million (A$260 billion) into a fintech project belonging to Kakao, Korea’s dominant messaging service. As...
