Payments Research

Jul

Southeast Asia’s first Visa Flex solution launches in Vietnam

Mastercard’s recent decision to join the Global Dollar Network (GDN) stablecoin consortium—alongside issuers like Paxos, Circle (USDC), Fiserv (FIUSD), and PayPal (PYUSD)—marks a pivotal shift in the banking and payments landscape. By integrating these regulated digital dollars into its vast global infrastructure, Mastercard is not just embracing blockchain innovation; it…

Jun

Asia Payments Research

Thailand Embraces Digital Future with Virtual Bank Licenses

Thailand is making a significant leap into the digital banking era, with the Ministry of Finance, advised by the Bank of Thailand (BOT), approving three consortiums to establish virtual banks. This move, following a rigorous review process, aims to drive financial inclusion and innovation within the country’s banking sector. Out of five…

Jun

Asia Payments Research

Wise gains key approval as India reshapes global cross-border payments

In a significant move for India’s financial technology landscape, global payments company Wise has received in-principle approval from the Reserve Bank of India (RBI) to operate as a cross-border payment aggregator. This development is a key indicator of India’s broader strategy to modernize and internationalize its payment ecosystems, promising a more streamlined…

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