“MASTERCARD, Inc. and UNO Digital Bank have partnered to launch the country’s first numberless debit card to address security concerns on online and offline payments. In a press release on Wednesday, the companies said that the card shows only the cardholder’s name and the logos of Mastercard and UNO Digital Bank. They added that the feature averts the risk of personal or financial data theft in case the card is lost or stolen.”

“Southeast Asian ride-hailing and payments company Grab said it had put a partnership with scandal-hit Wirecard on hold, days after the German payments firm disclosed a $2.1 billion financial hole that threatens its future. The two companies had struck a payments agreement in March under which Wirecard was to process transactions made via the GrabPay e-wallet, starting with markets in Malaysia, Philippines and Singapore. Wirecard had not begun processing payments or signing up merchants on behalf of Grab, Southeast Asia’s most valuable start-up, whose e-wallet is accepted by more than 600,000 merchants and small businesses in the region.”

“Established in 2011, Red Dot Payment (RDP) is Singapore’s largest digital payment gateway, handling almost one billion dollars in online transactions across 22 countries. In this interview, CEO Randy Tan discusses how expats and support from the government have helped to build a thriving Fintech ecosystem in the city-state, and the innovations and solutions RDP can offer its wide range of clients, from young start-ups to major hotels.”