Culture
Singapore Precious Metals Exchange, director to be charged over alleged unlicensed payment services
If convicted, Victor Foo faces a fine not exceeding S$125,000, imprisonment for a term of up to three years, or both The Singapore…
Tag
payment
Culture
mm2 Asia unit receives payment demand for S$18.9 million from creditor
A unit of embattled entertainment group mm2 Asia on Monday (Dec 29) said it has received a payment demand for S$18.9 million, even as the…
Culture
Apple Tap to Pay now available in Singapore, allowing merchants to use iPhones as contactless payment terminals
The function also supports contactless credit and debit cards from American Express, JCB, Mastercard, UnionPay and Visa Apple has…
Culture
UOB issues S$74.6 million payment demand to mm2 Asia
Entertainment group mm2 Asia on Monday (Nov 10) said in a bourse filing that it and its subsidiaries have received letters of demand from…
Culture
Nexperia says payment dispute led to supply break with China
The company cannot guarantee the quality or authenticity of its chips delivered from China after Oct 13 NEXPERIA suspended supplies to its…
Culture
Standard Chartered issues payment demand to mm2 Asia units over S$905,000 debt
Standard Chartered has issued letters of demand to two associated companies of entertainment group mm2 Asia, seeking repayment of…
Culture
Another Malaysian unit of mm2 Asia receives RM1.5 million payment demand
MM2 Star Screen is also asked to pay 5% interest on the amount owed, along with the legal costs of film distributor Antenna Entertainments…
Culture
Seatrium loses appeal to block US$126.6 million rig contract payment
The group will continue with arbitration to resolve dispute and seek recovery of payment Seatrium on Friday (Sep 12) said its appeal in…
Culture
IReit Global’s German subsidiaries served with payment order by former tenant
The dispute stems from a dilapidation cost agreement made with the former main tenant of its Berlin Campus Subsidiaries of IReit Global…
Culture
Beyond bill payments, AXS’ plans for the future include building a payment ecosystem
Since its inception in 2000, AXS has been synonymous with its eponymous kiosks that facilitate online bill payments. Now, it wants to…
Culture
Philippine central bank orders e-wallets, payment apps to remove online gambling links
The Philippine central bank ordered mobile wallets, payment applications and other institutions to remove links to online gambling…
Culture
Citigroup considers custody and payment services for stablecoins, crypto ETFs
Citigroup is exploring providing stablecoin custody and other services, a top executive told Reuters, in a further sign sweeping policy…
Culture
Paytm shares surge after RBI grants payment aggregator license
Payment aggregators are platforms that provide diverse payments options to customers, including merchants Shares of One 97 Communications…
Business
Mastercard extends payment collaboration with Uber
Mastercard has extended its partnership with Uber, focusing on improving payment solutions for drivers, couriers, and Mastercard users on…
Culture
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…
Culture
Cathay Cineplexes gets fresh payment demands of over S$3.3 million for Century Square, Causeway Point outlets
Embattled cinema chain Cathay Cineplexes has received more repayment demands of over S$3.3 million in rent arrears and other amounts, owed…
Culture
MAS fines 5 payment firms S$960,000 for anti-money laundering lapses
The Monetary Authority of Singapore (MAS) has fined five major payment institutions a total of S$960,000 for breaches of its anti-money…
Culture
OCBC users hit by log-in, payment issues; services restored by 2.30 pm
More than 1,000 outage reports are lodged on tracking site Downdetector from around 11 am Customers of OCBC experienced difficulties…
Culture
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…
News
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…
Culture
As SGQR+ reshapes Singapore’s payment scene, who wins?
Payments services firm Nets has had a four-decade head start in Singapore. But that advantage may be diminishing in line with a push by…
Fashion
Speculation grows over StarHub, M1 merger by June 2025 as telcos defer spectrum payment
Analysts say the companies could be aiming to close the merger by then to avoid the payment fees SPECULATION is growing around a merger…
Culture
UOB payment services face intermittent issues on Monday morning
UOB credit and debit card payment services faced intermittent disruptions on Monday (Nov 18) morning. In a Facebook post, the lender said…
Culture
UOB payment services restored after intermittent issues on Monday
UOB credit and debit card payment services have been fully restored after facing intermittent issues in the morning, said the lender in a…