Company Statements

Stripe, a company offering payment services over the internet, has announced the launch of its services in five more European countries including the Czech Republic, Romania, Bulgaria, Cyprus, and Malta. As per Stripe, the Covid-19 crisis has accelerated the shift...

Visa has facilitated the first request to pay message sent and received using Pay.UK’s standards, ahead of the anticipated commercial launch of request to pay later this year. Request to pay is a new, flexible way to settle transactions between...

German bank WEG Bank’s fintech arm TEN31 has partnered with Singapore-based Anquan Capital to explore the application of blockchain technology in banking and financial services. Anquan Capital had launched several technology companies such as Zilliqa, Anqlave and Aqilliz and TEN31...

Digital Money Myanmar Limited and Ant Financial Services Group, operator of Alipay, announced a strategic partnership to promote financial inclusion for the unbanked and underbanked communities in Myanmar. Ant Group’s expertise in mobile payment and digital financial services will...

Bangkok Bank has wrapped up its previously announced acquisition of a stake of 89.12% in Indonesian lender Bank Permata for $2.28bn from Standard Chartered and Astra International. Under the deal announced in December 2019, Bangkok Bank acquired 44.56% stakes each...

Payments giant Visa has announced an investment of an undisclosed amount in San Francisco, California-headquartered analytics firm. Both the company have also entered into a strategic partnership for the development of data products for improved customer insights. The investment by...

COVID-19 is putting pressure on industries far and wide. Businesses of all sizes, along with their employees, their suppliers, and their customers are feeling the impact. At this point in time, the short and long-term financial implications of this...