TranSwap Receives EMI Authorization In The UK

TranSwap, a Singaporean fintech with a growing  presence in Scotland just announced it had received authorisation from the FCA to conduct payment activities as an Electronic Money Institution (EMI) in the UK. This will allow the fintech firm to offer its comprehensive suite of services, including global payments and collections, borderless digital wallets, cards & […]

Visa: Singaporean MSMEs Plan to Accept BNPL, Crypto Payment Options in 2022

Ninety-four percent of micro, small, and medium enterprises (MSMEs) in Singapore will accept some form of digital payments in 2022, compared to 82 percent globally, according to Visa’s Back to Business Study. Nearly three-quarters (72%) of them are expecting their businesses to become fully cashless within the next two years. Additionally, one-third of small businesses in […]

Singapore Cementing Itself As A Global Crypto Hub

As originally published in Bloomberg, Singapore is seeking to cement itself as a key player for cryptocurrency-related businesses as financial centers around the world grapple with approaches to handle one of the fastest growing areas of finance. “We think the best approach is not to clamp down or ban these things,” said Ravi Menon, managing […]