PYMNTS-MonitorEdge-May-2024

APAC

AI Regulations Take Shape Worldwide
AI Regulations Take Shape Worldwide
May 22, 2024  |  artificial intelligence

New artificial intelligence (AI) regulations are rolling out around the world. Colorado has become the first U.S. state to regulate AI, aiming to prevent consumer...

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Pressure From Rivals Causes Apple to up Discounts on iPhones in China
Pressure From Rivals Causes Apple to up Discounts on iPhones in China
May 20, 2024  |  Apple

Apple has reportedly begun a campaign of heavy discounting on its iPhone in China. The markdowns — up to 2,300 yuan (about $320) on select iPhone models on...

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This Week in B2B Innovation: Globalization, Digitization and Better Payments 
This Week in B2B Innovation: Globalization, Digitization and Better Payments 
May 16, 2024  |  B2B Payments

The B2B landscape is built atop a foundation of innovation designed to meet business needs. And with the news that U.S. corporate bankruptcies have reached...

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APAC Middle-Market Leaders Embrace External Financing for Growth
APAC Middle-Market Leaders Embrace External Financing for Growth
May 14, 2024  |  Loans

We are in the midst of a working capital revolution — one that is increasingly driven by innovation and made more necessary by the macroeconomic backdrop, particularly for those middle-market firms...

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Google Opens Its Digital Wallet to Users In India
Google Opens Its Digital Wallet to Users In India
May 08, 2024  |  Google

Google’s digital wallet is now available in the world’s most populous country. The tech giant announced Wednesday (May 8) that the Google Wallet was now open...

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Payment Diversification Creates Winning Formula for Merchants
Payment Diversification Creates Winning Formula for Merchants
May 08, 2024  |  Payment Methods

There’s no place like home, particularly when it comes to preferred payment mechanisms. That’s why businesses looking to expand internationally need to ensure that their strategic approach includes diversification...

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Digital Wallets Provide Local Touch to Connected Travel Experiences
Digital Wallets Provide Local Touch to Connected Travel Experiences
April 29, 2024  |  Mobile Wallets

Alipay+ unveiled a cross-border payments initiative in a move to boost Hong Kong’s tourism and commerce sector. The platform facilitates transactions for users of 14 overseas mobile wallets and bank apps from...

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Nium and Thredd Launch APAC Virtual Card Partnership
Nium and Thredd Launch APAC Virtual Card Partnership
April 24, 2024  |  B2B Payments

Cross-border payments platform Nium and payments processor Thredd have expanded their partnership. As Thredd said in a Wednesday (April 24) news release, this expansion will allow Nium issue virtual cards...

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PayU Receives RBI Authorization to Operate as Payments Aggregator
PayU Receives RBI Authorization to Operate as Payments Aggregator
April 23, 2024  |  Aggregators

PayU has received in-principle authorization from the Reserve Bank of India (RBI) to operate as a payments aggregator. With this approval, the digital financial services provider can...

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