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Jack Ma's Ant is said to snag Carlyle for USD10 bn round

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11-May-18 Ant Financial, the Chinese payments giant controlled by Jack Ma, is expected to close a fundraising of at least USD10 bn, attracting Carlyle Group and the Canada Pension Plan Investment Board as first-time investors. [image: Bloomberg News]

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Battle for Japan's cashless spenders heats up

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08-May-18 Japanese banks hope that integrating mobile payments like Alipay and Apple Pay with other cashless methods will help them regain ground in the market and promote such options in a country where cash is still king. [image: Manami Yamada]

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Peru's mobile wallet that other nations copy

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07-May-18 Many countries want to emulate Peru’s BIM e-wallet, Latin America’s first national mobile money scheme. But a challenge for governments in emerging countries is persuading consumers and small businesses to move from using informal cash to electronic payments. [image: Bloomberg News / PaymentsSource]

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Singtel and Razer to create e-payment network in Southeast Asia

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04-May-18 Singtel Group and gaming technology company Razer have signed a MoU to foster collaboration in e-payments, e-sports, gaming-related digital media and telecommunication, offering Singtel's mobile wallet users access to Razer's merchant network of over 1 mn payment points. [image: Open Gov]

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