payment
Tokenize Xchange to exit Singapore after being denied digital payment token licence
All 15 employees of Tokenize Singapore will be laid off by Sep 30 but some may be offered work in the company’s international operations[SINGAPORE] Cryptocurrency exchange Tokenize Xchange will...
Cathay Cineplexes gets S$3.4 million payment demand from landlord of shuttered Jem outlet
[SINGAPORE] Embattled cinema chain Cathay Cineplexes on Tuesday (Jul 1) received a statutory demand from lawyers representing the landlord of its shuttered outlet at Jem shopping mall, asking that...
MAS fines 5 payment firms S$960,000 for anti-money laundering lapses
[SINGAPORE] The Monetary Authority of Singapore (MAS) has fined five major payment institutions a total of S$960,000 for breaches of its anti-money laundering and countering the financing of terrorism...
One system to rule them all: Span to oversee 8 payment schemes including Giro, PayNow, QR code
[SINGAPORE] Banks play a critical role in helping companies as they adapt to a more protectionist global economic order, said Deputy Prime Minister Gan Kim Yong, who is also...
OCBC users hit by log-in, payment issues; services restored by 2.30 pm
More than 570 outage reports were lodged on tracking site Downdetector from around 11 am[SINGAPORE] Customers of OCBC experienced difficulties making payments via the bank’s mobile app and Internet...
Contributor: Is your favorite influencer’s opinion bought and sold?
Your addictive doomscrolling on X, TikTok or Instagram may also be the latest nexus for millions of dollars in secret political corruption.Over the last month, the problem has come...
Circle plans stablecoin-powered cross border payment network
[NEW YORK] Circle Internet Group is launching a payments network designed to allow financial institutions and technology firms to settle cross-border transactions in stablecoins.The network is designed to link...
Digital Payment Revolution: Keep Up or Get Left Behind
Digital payment systems are reshaping the way we handle transactions today. With the rapid growth of technology and changing consumer habits, businesses must adapt to keep pace. The pandemic...
Saks Global’s New Payment Terms Trigger Strong Industry Reaction
Playing hard ball. That’s how many vendors view Saks Global’s new approach to paying them for past and future orders, while expressing relief that Saks management provided some clarity...
Warren Questions Bessent Over Musk Access to Treasury Payment System
Senator Elizabeth Warren of Massachusetts sent a letter on Monday to Treasury Secretary Scott Bessent demanding answers for why the so-called Department of Government Efficiency was granted access to...
