The new normal for fintech in a digital age, post COVID-19. In 2014, a team of professionals with strong business and technology expertise within the banking, finance and payment industries founded Aleta Planet in Singapore. At Aleta Planet. our aim is to provide end-to-end technology solutions for financial institutions and corporates.
UnionPay International Pledges Support For Stronger Financial Cooperation Between Shanghai And Singapore
Global payment network, UnionPay International (UPI), has pledged its support for stronger financial cooperation between Shanghai and Singapore at the 12th Lujiazui Forum 2020, a major financial summit held in Shanghai, China on 18 and 19 June.
Dubai retailers beef up Chinese staff, expanding Chinese payment systems like UnionPay to capture lucrative market
China is the fourth biggest source market for travelers into Dubai, with visitors to the Emirate growing 12% annually, according to the Department of Tourism and Commerce Marketing and with that, retailers in Dubai have increasingly accommodating free-spending Chinese shoppers in several ways, beyond simply hiring Mandarin-speaking staff. Mandarin signs, new payment systems, and more bi-lingual shop staff in response to the increasing Chinese travelers into the UAE.
South China Morning Post reports that most of the regions’ ultra-wealthy have asked private bankers at UBS to funnel fresh funds into Singapore rather than Hong Kong and that Asian tycoons are now cashed up and scouting for their next big venture in Singapore.
Although the situation facing the World’s approaching tourist season remains grim in light of the coronavirus pandemic, a recovery will, eventually, happen. When it does, however, some market segments, such as tourism and aviation, might mobilize faster than others driving gradual but definite economic recovery for many countries. Much like Vietnam, due to their early
There is no denying that virtual bank accounts (VBAs) are a hot topic among the treasury community today. While you may have heard of VBAs before, their usage is rapidly evolving – and their benefits for treasurers continue to grow.
There are 28.5 million merchants outside mainland China accepting UnionPay cards. 4 million of them support UnionPay mobile payment services too, an increase of about 1 million. Users of UnionPay mobile payment services can now enjoy greater payment ease and a wider variety of services
One question is likely on your mind a lot: When will this pandemic end?
On 3rd April 2020, Prime Minister Lee Hsien Loong addressed the nation to say that the government is introducing a new ‘circuit breaker’ measures in order to slow the community spread of COVID-19. The resounding message: stay at home and leave only for essential services.
“Hopefully, with digitalization, the world will become a ‘little planet’.”