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Insights
12-Feb-18 WhatsApp has launched its digital payment service, with India the first country able to access the new function. In India, the payment platform will be geared toward very small businesses employing less than 10 people. [image: Daily Trust]
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Insights
09-Feb-18 Samsung Electronics is pushing ahead with its efforts to drive future growth for the organisation, with initiatives such as opening an e-commerce center in India and investing in venture start-ups in the US. [image: Business Korea]
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Insights
08-Feb-18 Flywire, a US-based provider of global payment and receivables solutions, has opened an Asia-Pacific regional headquarters in Singapore to address a growing demand in the region for solutions that can facilitate frictionless transfer of money across borders. [image: Flywire]
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Insights
07-Feb-18 Alipay and Tenpay have each been fined USD95,000 for violating rules when they handle cross-border payment services. The infringements included violating rules of business scope, information reports, and failing to submit risk reports to authorities. [image: IC / Caixin]
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Insights
07-Feb-18 Alibaba has secured a USD200 mn stake in leading Indian online grocery group BigBasket, while its payments affiliate Ant Financial agreed to invest the same sum into Indian food-ordering app Zomato. [image: Morgan Stanley Research / FT]
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