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Visa partners seven new startups to accelerate payments innovation in Asia Pacific

Amidst a challenging economic environment, startups with the right value proposition are poised for growth as consumers continue embracing the digital habits they adopted during the pandemic. SINGAPORE, May 16, 2023 /PRNewswire/ Visa, a world leader in digital payments, today announced seven new startups it will partner as part of its Visa Accelerator Program in Asia Pacific. The seven startups selected as part of the 2023 program are from India, Mainland China, Thailand, Singapore and Germany and they will be working on solutions in the areas of Web 3.0, global money movement, embedded finance, merchant and small business enablers, andopen banking solutions. The startups selected for the 2023 cohort are Dowsure (Mainland China), Doxa Holdings (Singapore), Kadmos (Germany), Pi-xcels (Singapore), Playbux (Thailand), Transpure (India) and Twid (India). Over a course of six months, these startups will have the unique opportunity to collaborate with Visa's payment experts, business d

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Visa invites Asia Pacific s top startups to shape the future of payments

SINGAPORE, Nov. 4, 2022 /PRNewswire/ Visa, a world leader in digital payments, is today announcing an open call for startups across Asia Pacific to apply for the Visa Accelerator Program 2023. Now in its third year, the Visa Accelerator Program selects a small group of startups to collaborate on some of the most pressing challenges in the payments industry. The 2023 program will focus on developing solutions in the following areas: Web 3.0, global money movement, embedded finance, merchant and small business enablers, andopen banking solutions. The Visa Accelerator Program was launched in 2019 and has since enabled the growth of some of Asia Pacific's most prominent startups. The five startups from the 2022 cohort presented their proof-of-concepts at the Visa Accelerator Spotlight event, after working with Visa product and business development teams to bring their concepts to life and expand their businesses into new markets across the region. Startups from the 2021 and 2022 coho

DBM warns public against fraudulent solicitation schemes

(File photo) MANILA - The Department of Budget and Management (DBM) on Monday warned the public against falling for a fraudulent solicitation scheme involving people claiming to be DBM officials or personnel to collect money supposedly to allow faster release of funds for programs and projects. In a press statement, the DBM said some scammers have been drafting documents and asking local chief executives to sign the requests, identify contractors, and ask for money, under the false pretense that the release of the subject funds will be expedited soonest. "The DBM, under the leadership of Secretary Amenah F. Pangandaman, condemns such fraudulent claims and activities, and vows to coordinate with proper authorities to investigate and determine swiftly those who are involved in this scam," the agency said in a statement. "We shall neither tolerate nor condone false representation and solicitation of this nature in any way, form, opportunity, and manner, as the same is consi

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