Latest news with #MSB
Associated Press
29-05-2025
- Business
- Associated Press
EnJoyPay Featured at Money20/20 Asia Bangkok
From April 22 to 24, EnJoyPay showcased at Asia's top fintech conference Money20/20 Asia (booth K20), presenting global payment solutions to explore Southeast Asian market opportunities with global game developers, financial institutions, and cross-border ecosystem partners. On-site booth snapshot The EnJoyPay team engaged in cooperation discussions with financial companies, payment channels, and game developers from around the world, jointly exploring player payment experience optimization and global compliance deployment. Currently, EnJoyPay holds Hong Kong MSO, Canada MSB, US MSB licenses, and PCI certification qualifications, offering stable compliance credentials and professional risk control. Building on this foundation, EnJoyPay provides over 500 payment solutions globally, covering more than 80 major countries and regions, supporting over 30 local languages, with advantages in regions including Japan, Korea, Southeast Asia, Latin America, and more. The aim is to maximize the global value of gaming products. By expanding regional influence, EnJoyPay assists overseas gaming companies in strengthening local payment deployment depth, increasing transaction volume and revenue, while helping reduce comprehensive channel costs to achieve commercial success in global markets. Partnering with EnJoyPay to Unlock New Potential in Southeast Asian Game Globalization EnJoyPay's payment channels in Southeast Asia have been fully established and continue to be improved. With a profound understanding and rich experience in Southeast Asian local payment markets, EnJoyPay provides game companies with seamlessly integrated payment systems, ensuring efficient and secure payment services. In addition to technical support, EnJoyPay also offers market insights and operational advice to partners, comprehensively assisting enterprises in deepening their presence in Southeast Asian markets. At Money20/20 Asia, a global stage, EnJoyPay identified new opportunities for digital content to go global. The company looks forward to working with more partners to explore blue ocean opportunities in the Southeast Asian gaming market. EnJoyPay will continuously optimize payment solutions, supporting Chinese gaming companies' development from commercial monetization to user operations. June is Coming: EnJoyPay Invites Global Gaming Partners to Money20/20 Europe in the Netherlands Money20/20 is a top global fintech conference, with its European event known as the 'weathervane of payment innovation,' gathering international giants like Visa and more than 5,000 financial institutions, focusing on cross-border payments, open banking, and other core topics. The 2025 exhibition will be held at the RAI Amsterdam Convention Centre, injecting global resources into the European market. From June 3 to 5 in Amsterdam, Netherlands, at Booth K16 – EnJoyPay welcomes global gaming partners to visit and exchange ideas. European Market Scale: Newzoo data shows that the European gaming market will exceed €36 billion by 2025, with Germany, the UK, and France contributing over 60% share. Player Paying Power: European players' ARPU reaches €45 (global average €28), with credit card payments accounting for over 65%. Compliance Threshold: EU PSD2 regulations mandate payment institutions to implement SCA (Strong Customer Authentication). EnJoyPay partners with European licensed entities to help companies quickly achieve compliance. As a compliance expert in the field of game cross-border payments, and based on Hong Kong MSO, Canada MSB, US MSB licenses, and PCI DSS certification, EnJoyPay provides gaming companies with the following core services: Global Payment Network: Supporting international card organizations like Visa and Mastercard, covering mainstream payment methods for European and American players, increasing transaction success rates by 25%. Compliance Risk Control System: PCI DSS-certified data encryption technology ensures zero leakage of player payment information, meeting EU GDPR and other privacy regulations. Localized Operation Solutions: One-on-one consultation, customized rate plans, and practical strategies on how to increase European players' payment success rates by 25%. About EnJoyPay EnJoyPay is a global game local payment expert, providing professional and intelligent global payment solutions for overseas game and application developers, helping them quickly and safely penetrate global markets. It has now become a global payment partner for many overseas developers. EnJoyPay has offices in five core cities: Beijing, Shanghai, Hangzhou, Guangzhou, and Hong Kong. In Europe, the company also has a professional and diverse employee team, experienced and highly compliant. EnJoyPay deeply invests resources and establishes multiple touchpoints, committed to creating excellent business and delivering value to customers. EnJoyPay actively participates in internationally renowned exhibitions, including the Singapore FinTech Festival and Tokyo Game Show, comprehensively covering the market, fully demonstrating business advantages, and effectively enhancing the brand's recognition and influence among overseas user groups. LinkedIn: EnJoyPay WeChat: enjoykjzs Media Contact Company Name: EnJoyPay Contact Person: Liu Shuiyoulan Email: Send Email Country: Thailand Website:
Yahoo
29-05-2025
- Business
- Yahoo
Yeahka Obtains MTL Payment License in U.S., Accelerating Its Globalization Strategy
Yeahka has once again obtained a significant payment license. HONG KONG, May 29, 2025 /PRNewswire/ -- Recently, Yeahka ( a leading payment-based technology platform, has been granted the Money Transmitter License (MTL) by the financial regulatory authorities in Arizona, USA. This marks another important milestone in Yeahka's journey towards globalization since obtaining the Money Services Business (MSB) license. Obtaining the MTL license in the United States requires a complex and time-consuming process, involving multiple procedures and rigorous evaluations. Typically, companies must firstly apply for the MSB license as a prerequisite before applying for MTL licenses in individual states to comply with local regulations. Yeahka's successful acquisition of the MTL license reflects the recognition of its products, compliance standards, and overall strength by U.S. financial regulators. With both MSB and MTL licenses in place, Yeahka can now offer secure, compliant, and efficient payment services to users, laying the foundation for further expansion in the American market. Overseas expansion has been a key focus for Yeahka in recent years. Since commencing its overseas market exploration in 2021, Yeahka has prioritized compliance, actively pursuing licenses in various regions, including the MSO in Hong Kong, MPI in Singapore, and MSB in the United States. It has launched services such as local wallets, overseas wallets, credit cards, joint acquiring, foreign exchange, and cross-border remittances, providing secure, convenient, and efficient digital financial services to customers worldwide. To accelerate market penetration and enhance customer loyalty, Yeahka has strengthened internal synergies while advancing its globalization strategy. This includes diversifying payment channels, efficient service delivery capabilities, and overseas investments, enabling the company to tap into new industries such as automotive, luxuries, beauty, and entertainment. Notable clients include Clinique, Arabica, Bose, and Leica Camera, among others, reflecting a more diversified client base and stronger business resilience. In 2024, Yeahka's overseas business experienced rapid growth. According to the latest financial data, the company's overseas transactions for the year exceeded RMB 1.1 billion, a five-fold increase year-over-year, showcasing its robust market expansion capabilities and customer recognition. View original content: SOURCE Yeahka Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
29-05-2025
- Business
- Yahoo
EnJoyPay Featured at Money20/20 Asia Bangkok
Bangkok, Thailand--(Newsfile Corp. - May 28, 2025) - From April 22 to 24, EnJoyPay showcased at Asia's top fintech conference Money20/20 Asia (booth K20), presenting global payment solutions to explore Southeast Asian market opportunities with global game developers, financial institutions, and cross-border ecosystem partners. On-site booth snapshot The EnJoyPay team engaged in cooperation discussions with financial companies, payment channels, and game developers from around the world, jointly exploring player payment experience optimization and global compliance deployment. Currently, EnJoyPay holds Hong Kong MSO, Canada MSB, US MSB licenses, and PCI certification qualifications, offering stable compliance credentials and professional risk control. Building on this foundation, EnJoyPay provides over 500 payment solutions globally, covering more than 80 major countries and regions, supporting over 30 local languages, with advantages in regions including Japan, Korea, Southeast Asia, Latin America, and more. The aim is to maximize the global value of gaming products. By expanding regional influence, EnJoyPay assists overseas gaming companies in strengthening local payment deployment depth, increasing transaction volume and revenue, while helping reduce comprehensive channel costs to achieve commercial success in global markets. Partnering with EnJoyPay to Unlock New Potential in Southeast Asian Game Globalization EnJoyPay's payment channels in Southeast Asia have been fully established and continue to be improved. With a profound understanding and rich experience in Southeast Asian local payment markets, EnJoyPay provides game companies with seamlessly integrated payment systems, ensuring efficient and secure payment services. In addition to technical support, EnJoyPay also offers market insights and operational advice to partners, comprehensively assisting enterprises in deepening their presence in Southeast Asian markets. At Money20/20 Asia, a global stage, EnJoyPay identified new opportunities for digital content to go global. The company looks forward to working with more partners to explore blue ocean opportunities in the Southeast Asian gaming market. EnJoyPay will continuously optimize payment solutions, supporting Chinese gaming companies' development from commercial monetization to user operations. June is Coming: EnJoyPay Invites Global Gaming Partners to Money20/20 Europe in the Netherlands Money20/20 is a top global fintech conference, with its European event known as the "weathervane of payment innovation," gathering international giants and more than 5,000 financial institutions, focusing on cross-border payments, open banking, and other core topics. The 2025 exhibition will be held at the RAI Amsterdam Convention Centre, injecting global resources into the European market. From June 3 to 5 in Amsterdam, Netherlands, at Booth K16 - EnJoyPay welcomes global gaming partners to visit and exchange ideas. European Market Scale:Newzoo data shows that the European gaming market will exceed €36 billion by 2025, with Germany, the UK, and France contributing over 60% share. Player Paying Power:European players' ARPU reaches €45 (global average €28), with credit card payments accounting for over 65%. Compliance Threshold:EU PSD2 regulations mandate payment institutions to implement SCA (Strong Customer Authentication). EnJoyPay partners with European licensed entities to help companies quickly achieve compliance. As a compliance expert in the field of game cross-border payments, and based on Hong Kong MSO, Canada MSB, US MSB licenses, and PCI DSS certification, EnJoyPay provides gaming companies with the following core services: Global Payment Network: Supporting international card organizations like Visa and Mastercard, covering mainstream payment methods for European and American players, increasing transaction success rates by 25%. Compliance Risk Control System: PCI DSS-certified data encryption technology ensures zero leakage of player payment information, meeting EU GDPR and other privacy regulations. Localized Operation Solutions: One-on-one consultation, customized rate plans, and practical strategies on how to increase European players' payment success rates by 25%. About EnJoyPay EnJoyPay is a global game local payment expert, providing professional and intelligent global payment solutions for overseas game and application developers, helping them quickly and safely penetrate global markets. It has now become a global payment partner for many overseas developers. EnJoyPay has offices in five core cities: Beijing, Shanghai, Hangzhou, Guangzhou, and Hong Kong. In Europe, the company also has a professional and diverse employee team, experienced and highly compliant. EnJoyPay deeply invests resources and establishes multiple touchpoints, committed to creating excellent business and delivering value to customers. EnJoyPay actively participates in internationally renowned exhibitions, including the Singapore FinTech Festival and Tokyo Game Show, comprehensively covering the market, fully demonstrating business advantages, and effectively enhancing the brand's recognition and influence among overseas user groups. Media Contact Company Name: EnJoyPay Contact Person: Liu ShuiyoulanEmail: mkt@ EnJoyPayWeChat: enjoykjzsOfficial Website: To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
29-05-2025
- Business
- Yahoo
EnJoyPay Featured at Money20/20 Asia Bangkok
Bangkok, Thailand--(Newsfile Corp. - May 28, 2025) - From April 22 to 24, EnJoyPay showcased at Asia's top fintech conference Money20/20 Asia (booth K20), presenting global payment solutions to explore Southeast Asian market opportunities with global game developers, financial institutions, and cross-border ecosystem partners. On-site booth snapshot The EnJoyPay team engaged in cooperation discussions with financial companies, payment channels, and game developers from around the world, jointly exploring player payment experience optimization and global compliance deployment. Currently, EnJoyPay holds Hong Kong MSO, Canada MSB, US MSB licenses, and PCI certification qualifications, offering stable compliance credentials and professional risk control. Building on this foundation, EnJoyPay provides over 500 payment solutions globally, covering more than 80 major countries and regions, supporting over 30 local languages, with advantages in regions including Japan, Korea, Southeast Asia, Latin America, and more. The aim is to maximize the global value of gaming products. By expanding regional influence, EnJoyPay assists overseas gaming companies in strengthening local payment deployment depth, increasing transaction volume and revenue, while helping reduce comprehensive channel costs to achieve commercial success in global markets. Partnering with EnJoyPay to Unlock New Potential in Southeast Asian Game Globalization EnJoyPay's payment channels in Southeast Asia have been fully established and continue to be improved. With a profound understanding and rich experience in Southeast Asian local payment markets, EnJoyPay provides game companies with seamlessly integrated payment systems, ensuring efficient and secure payment services. In addition to technical support, EnJoyPay also offers market insights and operational advice to partners, comprehensively assisting enterprises in deepening their presence in Southeast Asian markets. At Money20/20 Asia, a global stage, EnJoyPay identified new opportunities for digital content to go global. The company looks forward to working with more partners to explore blue ocean opportunities in the Southeast Asian gaming market. EnJoyPay will continuously optimize payment solutions, supporting Chinese gaming companies' development from commercial monetization to user operations. June is Coming: EnJoyPay Invites Global Gaming Partners to Money20/20 Europe in the Netherlands Money20/20 is a top global fintech conference, with its European event known as the "weathervane of payment innovation," gathering international giants and more than 5,000 financial institutions, focusing on cross-border payments, open banking, and other core topics. The 2025 exhibition will be held at the RAI Amsterdam Convention Centre, injecting global resources into the European market. From June 3 to 5 in Amsterdam, Netherlands, at Booth K16 - EnJoyPay welcomes global gaming partners to visit and exchange ideas. European Market Scale:Newzoo data shows that the European gaming market will exceed €36 billion by 2025, with Germany, the UK, and France contributing over 60% share. Player Paying Power:European players' ARPU reaches €45 (global average €28), with credit card payments accounting for over 65%. Compliance Threshold:EU PSD2 regulations mandate payment institutions to implement SCA (Strong Customer Authentication). EnJoyPay partners with European licensed entities to help companies quickly achieve compliance. As a compliance expert in the field of game cross-border payments, and based on Hong Kong MSO, Canada MSB, US MSB licenses, and PCI DSS certification, EnJoyPay provides gaming companies with the following core services: Global Payment Network: Supporting international card organizations like Visa and Mastercard, covering mainstream payment methods for European and American players, increasing transaction success rates by 25%. Compliance Risk Control System: PCI DSS-certified data encryption technology ensures zero leakage of player payment information, meeting EU GDPR and other privacy regulations. Localized Operation Solutions: One-on-one consultation, customized rate plans, and practical strategies on how to increase European players' payment success rates by 25%. About EnJoyPay EnJoyPay is a global game local payment expert, providing professional and intelligent global payment solutions for overseas game and application developers, helping them quickly and safely penetrate global markets. It has now become a global payment partner for many overseas developers. EnJoyPay has offices in five core cities: Beijing, Shanghai, Hangzhou, Guangzhou, and Hong Kong. In Europe, the company also has a professional and diverse employee team, experienced and highly compliant. EnJoyPay deeply invests resources and establishes multiple touchpoints, committed to creating excellent business and delivering value to customers. EnJoyPay actively participates in internationally renowned exhibitions, including the Singapore FinTech Festival and Tokyo Game Show, comprehensively covering the market, fully demonstrating business advantages, and effectively enhancing the brand's recognition and influence among overseas user groups. Media Contact Company Name: EnJoyPay Contact Person: Liu ShuiyoulanEmail: mkt@ EnJoyPayWeChat: enjoykjzsOfficial Website: To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
The Star
20-05-2025
- Business
- The Star
Firms heat up with new wave of M&A activity
Strategic acquisition: A vendor counts Vietnamese dong banknotes in Da Nang. With Vietnam's stock market projected to attain emerging market status later this year, banks anticipate increased investment activity. — Bloomberg HANOI: A new wave of mergers and acquisitions (M&As) is unfolding in Vietnam's financial sector, as commercial banks and securities firms accelerate their push into investment banking and asset management. The movement has intensified during the 2025 annual general meeting season. Among the most high-profile developments is Sacombank's move to invest up to 1.5 trillion dong in acquiring a controlling stake of over 50% in a securities company. The bank has not disclosed the specific target but has made clear that it seeks a firm with a proven track record, marked by transparent financial reporting, sound asset quality, a robust investor base, and effective risk and operational management systems. Sacombank has ruled out the possibility of reacquiring SBS Securities JSC, a company it separated from over a decade ago as part of a broader restructuring plan in 2011. Despite the speculation around SBS's potential return to the fold, the bank confirmed that it is not under consideration. This decision reflects Sacombank's determination to find a partner that aligns with its long-term digitalisation and capital market integration strategy. Another major player joining the acquisition race is Maritime Commercial Joint Stock Bank (MSB). The bank has secured shareholder consent to acquire either a securities firm or a fund management company, aiming to establish the target as a subsidiary within this year. MSB is particularly focused on companies with charter capital between 300 billion dong and 500 billion dong. It also plans to inject additional capital into the acquired firm post-deal, further boosting its competitiveness in the rapidly evolving financial services sector. SeABank is also revisiting a deal that had been delayed due to unfavourable market conditions in 2024. The lender plans to proceed with its proposed 100% acquisition of Asean Securities Corp, after pausing the transaction during a period of low market liquidity and declining investor sentiment. With signs of stability returning to the market this year, SeABank is prepared to finalise the deal, which will significantly broaden its scope in the capital market. The surge in acquisition activity is not confined to banks. DNSE Securities has revealed its ambition to expand its financial services ecosystem. The company plans to invest in a fund management company and launch covered warrant trading. Meanwhile, Thanh Cong Securities is planning a corporate restructuring by transferring its entire capital contribution in Thanh Cong Asset Management to its parent company, Saigon 3 Group. The push for banks to acquire securities firms reflects a strategic expansion of their operations and the enhancement of their financial ecosystems. With Vietnam's stock market projected to attain emerging market status later this year, banks anticipate increased investment activity. Following years of consolidation, many banks now hold controlling stakes in securities firms, enabling them to perform investment banking functions effectively. The focus is on acquiring smaller securities companies with lower market shares, which are easier to integrate. The market has seen these smaller firms flourish after being acquired, thanks to new capital influxes. Techcom Securities JSC, VPBankS and MBS are examples of banks that have successfully leveraged their securities subsidiaries. MSB's leadership emphasises the stock market's growing role as a vital funding channel for the economy. The market is expected to develop both qualitatively and quantitatively, with a target market capitalisation reaching 120% of gross domestic product by 2030. The anticipated upgrade to emerging market status is expected to attract approximately US$25bil in foreign indirect investment annually. The wealth management sector is gradually expanding in Vietnam, with projections estimating the market's size will reach US$600bil by 2027. This presents significant opportunities for banks seeking to diversify their financial ecosystems and enhance client offerings across various investment products, including bonds, stocks, mutual funds and insurance. This trend underscores the increasing interest among banks in establishing a complete financial ecosystem through the acquisition of securities and fund management companies. — Viet Nam News/ANN
