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Business

Seventy-six percent of Singaporeans are confident to pay online with presence of visual cues – Visa survey

Visa, the world’s leader in digital payments, announced on last Monday (19 November) that Carousell, one of the largest and fastest-growing web-based classified marketplaces in Asia Pacific, has become the first merchant partner to incorporate Visa’s Sensory Branding technology on its payment platform. A research conducted by Visa indicated that 76 per cent of Singaporeans feel confident about shopping and …

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In-app games and various other promotional materials being used by e-commerce players to pique Singaporean consumers’ interest in 11.11

What began as a day to celebrate the singledom of students at Nanjing University in 1993 turned into one of the world's biggest shopping festivals, thanks to commerce giant company Alibaba in 2009, and Singaporean consumers as well as businesses, particularly e-commerce ones, are not exempt from the hype surrounding 11.11. A recent study by iPrice Group has identified several trends utilised …

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Stripe’s merchants can now pay their service providers instantly using Visa Direct

Visa, the world's leader in digital payments, has teamed up with Stripe, a technology company that builds the economic infrastructure for the internet, to enable its real-time push payment solution on Stripe Connect, the company's solution for multisided marketplaces and platforms. Visa Direct offers real-time push payment capabilities to business owners and consumers via the cards they already carry in …

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UNPay and President of Lithuania in talks on possible Fintech cooperation

UNPay and the President of Lithuania, Dalia Grybauskaitė, had a fruitful discussion earlier this week on Tuesday, in regards to the future of financial technology (fintech) at The China-Lithuania Economic Cooperation Forum and the China-Lithuania Financial Science and Technology Cooperation. The forum─which was jointly organised by the Embassy of the Republic of Lithuania and the International Cooperation Society of the Ministry of …

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Agreement signed between ACCA and Alibaba Cloud at China International Import Expo

ACCA (the Association of Chartered Certified Accountants) and Alibaba Cloud, the cloud computing arm of Alibaba Group signed an exclusive agreement on Wednesday (7 November) to see a closer working relationship between the two organisations which focuses on course development, research and professional insights. ACCA is the global body for professional accountants, offering business-relevant, first-choice qualifications to people of application, …

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SingPost launches SmartPost; unveils next-generation logistics platform LaMP in digital transformation

Singapore Post Limited (SingPost) has launched its SmartPost suite of postal solutions and unveiled its latest next-generation logistics platform LaMP which is touted to bring greater convenience, flexibility and control to customers today and of the future on Monday (5 November). SingPost stated that its digitalisation of Singapore’s postal operations, has gone ‘live’ with all of SingPost’s 1,000 postmen and …

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ComfortDelGro strengthens foothold in Australia with largest acquisition to-date

ComfortDelGro Corporation Limited is acquiring Buslink, one of Australia’s largest privately-owned bus businesses, for A$190.9 million (S$187.0 million), the company announced in a press release on Monday (5 November). The company noted that the acquisition will be the Group’s largest acquisition in the country to-date. The acquisition of Buslink Pty Ltd, Buslink Southern Pty Ltd and their 11 corresponding depots, …

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