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thxnews · 10 months
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Singapore's Fintech Revolution: PingPong Dominates
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  Keynote Address: Navigating Global Complexity
In a pivotal moment at the Singapore Fintech Festival 2023, PingPong, the global payment platform, announced groundbreaking achievements, featuring a thought-provoking keynote address by David Messenger, CEO of Global Businesses at PingPong. The address delved into strategies for enterprises navigating the complex global economic and business landscapes, accompanied by a strategic partnership revelation with MODIFI, a leader in digital trade finance.   Strategies for Global Enterprises During the keynote address, David Messenger provided insights into safeguarding, managing, and expanding cross-border enterprises amidst uncertainties. Highlighting the significance of technology, local teams, and robust connections with valued partners, Messenger underscored the need for swift adaptation to evolving foreign exchange and legal landscapes.  
Global Payment Network: Partnering for Mutual Growth
PingPong showcased its ability to form partnerships with enterprises globally, seeking world-class collaborators in Singapore and Southeast Asia for mutual growth. This approach signifies the platform's adaptability to diverse needs and its dedication to nurturing global partnerships.   Recognition as a Major Payment Institution by MAS PingPong achieved a significant milestone with approval as a Major Payment Institution by the Monetary Authority of Singapore (MAS). This endorsement empowers PingPong to offer a comprehensive range of payment services, facilitating accelerated global expansion for local businesses.  
Adaptation and Innovation in a Changing Landscape
David Messenger emphasized PingPong's role in supporting customers to adapt to new geopolitical and economic conditions. The CEO stressed the importance of fintechs marrying technology with being local, people-driven entities. Investment in strong ties with the right local partners is deemed essential for sustained success.   Empowering Businesses Globally Expressing commitment to global business empowerment, Messenger stated, "These announcements underscore our commitment to empowering businesses globally. From protecting against uncertainties to driving digital trade, PingPong is at the forefront of reshaping cross-border transactions and financing."  
About PingPong
Founded in 2015, PingPong stands as a leading global technology company, championing cross-border digital commerce growth. The PingPong ecosystem offers a comprehensive suite of products, including e-commerce payment, B2B trade payment, acquiring services, card issuing, FX management, and enterprise solutions. With over $100 billion in transaction volume and connections to international e-commerce marketplaces and financial institutions, PingPong continues to reshape global commerce.   Sources: THX News & PingPong. Read the full article
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