Asia Pacific

Wirecard: Internal Investigation Clears Accounting Manager
Wirecard: Internal Investigation Clears Accounting Manager
March 14, 2019  |  Security & Fraud

Wirecard, a German payments company, said an internal investigation has cleared its Asia-Pacific accounting manager who was accused of faking transactions to boost revenue numbers....

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Flywire Surpasses $10B In Total Payments Volume
Flywire Surpasses $10B In Total Payments Volume
March 06, 2019  |  Payments Innovation

Global payments and receivables company Flywire enjoyed strong growth in 2018 that it plans to carry into this coming year and over $10 billion in...

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Citi Launches Digital Payment Service For Rent, School Expenses
Citi Launches Digital Payment Service For Rent, School Expenses
February 26, 2019  |  Digital Payments

Citigroup, the U.S. banking giant, announced on Tuesday (Feb. 26) the launch of a new service that lets users pay their rent and school expenses each...

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Asia Corporates Replacing ACH With Cards, Citi Finds
Asia Corporates Replacing ACH With Cards, Citi Finds
October 26, 2018  |  B2B Payments

Corporates across the Asia Pacific region are increasing their use of commercial card products, according to a new report from Citi. Reports in The Asset...

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Despite Demonetization, Cash Still Thrives In India
Despite Demonetization, Cash Still Thrives In India
June 08, 2018  |  Cash

In November 2016, the Indian government issued a ban on the nation’s higher denomination 500- and 1000-rupee notes, essentially deeming 86 percent of its currency...

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NEW REPORT: Why Cash Still Beats Digital Payments In Asia-Pac
NEW REPORT: Why Cash Still Beats Digital Payments In Asia-Pac
June 07, 2018  |  Cash

India, China and their powerhouse Asia-Pacific neighbors boast a massive regional cash economy, with residents spending a total $5.6 trillion in cash in 2016. But...

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DBS Enables Real-Time Payments Tracking For SMBs
DBS Enables Real-Time Payments Tracking For SMBs
April 23, 2018  |  B2B Payments

Singapore bank DBS is introducing the ability for small businesses and larger corporates to track their cross-border payments in real time. Reports in Singapore Business...

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SWIFT To Introduce Real-Time Payments To APAC
SWIFT To Introduce Real-Time Payments To APAC
April 23, 2018  |  B2B Payments

Payments messaging company SWIFT is hoping to launch real-time payments services in the Asia Pacific region, according to Verdict reports on Friday (April 20). The...

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Visa Study: For Indian Travelers, High Tech, Low Cash Use
Visa Study: For Indian Travelers, High Tech, Low Cash Use
March 14, 2018  |  VISA

Visa announced news on Wednesday (March 14) that it released its Global Travel Intentions Study, which spotlighted trends in tourism and travel in 2017, stretching...

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