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PayPal Complete Payments Launches for Singapore Businesses to Double Down on E-commerce Growth

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Globally, card processing through PayPal Complete Payments can help increase authorization rates by an average of 4.7 percentage points for businesses.The solution will power businesses to boost customer conversions, drive revenue growth and streamline operations, all while enhancing fraud protection.

SINGAPORE, May 15, 2025 /PRNewswire/ — PayPal Complete Payments is now available for all businesses in Singapore. The full-stack payments solution is tailored for small and medium businesses (SMBs) and large enterprises to extend their reach globally, allowing merchants to accept payments from customers in over 200 markets while reducing complexity and managing risk, with just a single customizable integration.

“PayPal Complete Payments will give businesses here access to an extensive suite of new tools which will help them sell more effectively to global customers, in just one integration. It will also help businesses optimize their cash flow by enabling rapid settlement for transactions in minutes instead of days while also allowing them to hold multi-currency balances, reducing foreign exchange exposure,” said Nadia Syed, Senior Vice President, International Cross Border Trade and General Manager Asia Pacific, PayPal. “Our latest product for businesses in Singapore is designed to help businesses boost customer conversion, drive revenue growth, and streamline operations—all while enhancing fraud protection, improving cost efficiencies, and simplifying cross-border transactions.”

Amid a complex global trade environment, marked by higher tariffs and growing protectionism, cross-border commerce remains a vital growth engine for Singapore-based businesses. The recent developments have prompted calls for Southeast Asia companies to reassess their supply chains and explore new markets[1].

The strategic shift toward trade corridor diversification highlights the increasing importance of partnering with a global payments leader such as PayPal in accessing over 200 markets. This includes offering locally relevant alternative payment methods, which are growing in popularity around the world. Providing this flexibility is key to driving conversion, given 70 per cent of consumers consider the availability of their preferred payment method crucial to choosing where to shop[2].

Businesses can transact seamlessly with global customers

PayPal Complete Payments includes multiple features which will help businesses reach and engage customers around the world. These include options for consumers to choose how they pay, which can help drive checkout conversion – whether with globally-recognized methods like PayPal, Apple Pay® and Google PayTM, American Express, Visa and Mastercard credit or debit cards, or locally-accepted alternative payment methods such as Alipay, iDEAL and BLIK.

Globally, card processing through PayPal Complete Payments can help increase authorization rates by an average of 4.7 percentage points[3]. Additionally, the availability of both PayPal Wallet and Apple Pay can potentially lead to a 17 per cent increase in checkout conversion rates[4] – further supporting business growth and revenue.

Another new feature is the ability to present prices in local currencies familiar to consumers wherever they are. PayPal Complete Payments also helps businesses optimize their cash flow by enabling rapid settlement for transactions in minutes instead of days while also allowing them to hold multi-currency balances, reducing foreign exchange exposure.

Commenting on how PayPal Complete Payments has benefitted from their cross-border gaming business online is G2G (Gamer2Gamer). G2G, a global leader in digital goods and services, trusted by over 10 million users worldwide and built to scale in the fast-growing US$250 billion global gaming market. According to G2G’s Group CEO and Co-Founder Ken Chee, “PayPal Complete Payments with its transparent fees, instant settlements, and multi-currency support, empowers G2G to deliver a seamless and secure payment experience. Its advanced fraud protection minimizes risks in our cross-border transactions, enhancing operational confidence. This integration fuels G2G’s expansion, fostering trust and stronger connections with our global gaming community.”

Securely storing payment methods and simplifying the checkout experience

PayPal Complete Payments enables eligible businesses to allow their customers to securely store their payment methods in the PayPal vault for future purchases. This provides a seamless shopping experience for consumers, and helps businesses reduce transaction declines, drive conversions and facilitate repeat buyers.

Customers of businesses can save multiple payment methods – from PayPal to cards – in the PayPal vault. To help keep these payment methods up to date, PayPal supports features like real-time account updates, which can refresh card details when they are lost, stolen, or expired.

Security at the foundation

Additionally, fraud attacks targeting e-commerce payments in Singapore have risen to more than five times the global average[5]. This underscores the need for businesses to strike the right balance between authorizing legitimate payments and preventing fraudulent activities to effectively manage risk.

To help keep businesses secure in an environment where fraud is on the rise, PayPal Complete Payments offers Fraud Protection and Seller Protection on eligible transactions. PayPal has integrations with several e-commerce platforms – including Adobe Commerce, Big Commerce and WooCommerce – which make it easier for their customers to quickly take advantage of these solutions.

Discover more about PayPal Complete Payments here.

About PayPal
PayPal has been revolutionizing commerce globally for more than 25 years. Creating innovative experiences that make moving money, selling, and shopping simple, personalized, and secure, PayPal empowers consumers and businesses in approximately 200 markets to join and thrive in the global economy. For more information, visit https://www.paypal.com, https://about.pypl.com, and https://investor.pypl.com.

Media contact:

Prisita Menon
primenon@paypal.com 

[1] EY, Impact of recent US tariffs on ASEAN business. (Apr 2025).

[2] PYMNTS. (Oct 2024).

[3] PayPal internal data, from online transactions between Oct 2022 – Sept 2023.

[4] Incisiv, BigCommerce Enterprise Commerce Platform Conversion Report. (Jul 2023).

[5] CNA. (Dec 2023).

 

View original content:https://www.prnewswire.com/apac/news-releases/paypal-complete-payments-launches-for-singapore-businesses-to-double-down-on-e-commerce-growth-302455241.html

SOURCE PayPal Holdings, Inc.

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Guidewire Congratulates 2026 Innovation Award Winners – Beazley, Definity, and RCIS

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Winners applied AI across product development, claims, and software delivery, reducing manual work and speeding results

LAS VEGAS, Oct. 28, 2026 /PRNewswire/ — CONNECTIONS CONFERENCE — Guidewire (NYSE: GWRE) congratulates the winners of its 2026 Innovation Awards: Beazley, Definity, and RCIS. The annual awards honor Guidewire customers for their innovation in addressing evolving business needs, driving better experiences for their customers and agents, and delivering better results across the insurance lifecycle. Winners were announced during Guidewire Connections, the company’s annual customer conference.

The three 2026 Innovation Award winners are:

1. Beazley

Modernization across product development, broker submissions, and billing is helping Beazley improve speed and efficiency while creating a foundation for growth.

Beazley, a leading Lloyd’s syndicate and global specialty insurer, is transforming its policy administration and billing capabilities through a modern, connected Guidewire Cloud platform, creating a consistent global foundation while retaining the flexibility required for local market variations. Working with Capgemini, a Guidewire Consulting Global Strategic partner, Beazley implemented Guidewire PolicyCenter and BillingCenter, with the European solution delivered in approximately eight months.

The program addresses significant complexity across Beazley’s global specialty business, including rationalizing more than 200 marketable products into a condensed, streamlined set of products which reduced complexity and improved speed to market. Capgemini’s AI-enabled delivery model, combined with Guidewire’s Advanced Product Designer (APD), established a repeatable Product Factory approach enabling rapid development.

The transformation also connects Beazley’s digital and broker platforms with its core underwriting operations through Guidewire Integration Gateway, using API and event-driven integration to support broker submissions, customer and account data and policy servicing. Combined with a modernized billing capability, this creates a more connected digital insurance lifecycle and supports Beazley’s evolution towards increasingly AI-enabled underwriting.

These capabilities provide Beazley with a scalable modern core that simplifies the underlying technology landscape while supporting greater automation, product agility and continued growth across global specialty markets.

For additional information, visit the Beazley website.

2. Definity

Definity launched its first production agentic AI solution to manage and triage broker First Notice of Loss (FNOL) intake, replacing manual data re-keying with structured draft claims generated directly in Guidewire for a claims adjuster to review.

Developed in collaboration with Deloitte, a Guidewire Consulting Global Premier partner, the solution leverages a network of AI agents to classify submissions, extract and reason over information, and execute workflows to generate structured draft claims directly in ClaimCenter.  It provides a governed, traceable path from AI processing to claims operations, keeping adjusters firmly in the loop while reducing manual effort and improving speed and consistency.

Beyond modernizing FNOL intake, the initiative establishes a scalable foundation for deploying reusable, governed agentic AI capabilities across Definity’s claims lifecycle, accelerating future innovation.

For additional information, visit the Definity website.

3. RCIS

RCIS Tech Transformation in Crop Insurance, one of the insurance industry’s most complex and highly regulated lines of business, is modernizing operations with Guidewire InsuranceSuite, Jutro Digital Platform, data, and AI-first innovation

As part of its Passion for the Possible™ initiative, RCIS enlisted PwC, a Guidewire Consulting Global Strategic partner, to transform its legacy environment into a modern, unified platform powered by Guidewire Cloud Platform, delivering enhanced digital experiences for agents, underwriters, adjusters and customers.

Led by its vision to evolve in technology, ease and modern customer experience, RCIS and PwC leveraged Guidewire Advanced Product Designer (APD), Digital and AI-first engineering to accelerate delivery of a highly customized crop insurance solution. The transformation includes complex legacy data migration, integrated geospatial Farm Maps, automated Risk Management Agency (RMA) regulatory reporting, and streamlined core insurance operations all while maintaining business continuity through critical seasonal agricultural cycles. RCIS is among the top providers of crop insurance in the U.S. and one of only 12 Approved Insurance Providers (AIPs) of the Federal Crop Insurance Program. It is the only AIP to offer coverage in all 50 U.S. states through a national network of more than 3,700 agents.

It is anticipated the RCIS Guidewire transformation will set a new benchmark – in the agriculture industry and across the insurance industry as a whole – for modernizing complex insurance platforms, combining Guidewire Cloud innovation, deep industry expertise, and AI-first engineering to accelerate transformation and deliver measurable business value.

For additional information, visit the RCIS website.

“We congratulate this year’s Innovation Award winners and thank all participants and our consulting partners for their contributions,” said Brian Desmond, CMO, Guidewire. “These insurers applied AI to the work that runs their business and have measurable results to show for it. Agentic insurance is where the industry is heading: AI agents that execute work within the controls the insurer sets. These winners are showing how to get there, on Guidewire.”

About Guidewire

Guidewire is the platform P&C insurers trust to engage, innovate, and grow efficiently. More than 570 insurers in 44 countries, from new ventures to the largest and most complex in the world, rely on Guidewire products. With core systems leveraging data and analytics, digital, and artificial intelligence, Guidewire defines cloud platform excellence for P&C insurers.

We are proud of our unparalleled implementation record, with 1,700+ successful projects supported by the industry’s largest R&D team and consulting partner ecosystem. Our marketplace represents the largest partner community in P&C, where customers can access hundreds of applications to accelerate integration, localization, and innovation.

For more information, please visit www.guidewire.com and follow us on X and LinkedIn.

Contact:

Melissa Cobb
Director, Public Relations
Guidewire Software, Inc.
+1.650.464.1177
mcobb@guidewire.com

NOTE: For information about Guidewire’s trademarks, visit https://www.guidewire.com/legal-notices.

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SOURCE Guidewire Software

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Coremail Strengthens Digital Ecosystem Ties at WPS Indonesia Roundtable 2026

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JAKARTA, Indonesia, Oct. 29, 2026 /PRNewswire/ — Coremail participated in the WPS Indonesia Digital Ecosystem Roundtable 2026 in Jakarta, joining technology companies, local service providers and enterprise representatives to discuss Indonesia’s digital transformation and ecosystem collaboration. The company also served as title sponsor of the evening networking reception.

As Indonesia’s digital economy evolves, businesses increasingly need solutions combining cloud infrastructure, AI, enterprise software and local services. Connecting these complementary capabilities can help providers and partners better address customer needs.

The event featured partner matching, collaborative solution discussions and executive roundtables, offering opportunities to explore technology integration, joint solutions, channel development and local service delivery.

Coremail exchanged perspectives with participants on enterprise communications, data security and digitalisation in Indonesia, exploring opportunities to address evolving business requirements with local partners.

Regan Deng, Vice President of Coremail, emphasised the importance of understanding local markets and customer needs. He noted that combining complementary strengths in technology, products, infrastructure and local services can help businesses develop solutions suited to their operational requirements.

Top, Coremail’s Thailand Project Manager, introduced the company’s product portfolio, global footprint and partnership opportunities, highlighting its enterprise email communications and security expertise.

Founded in 1999, Coremail’s portfolio includes the Coremail AI-Native Secure Email System, CACTER AI-Native Secure Email Gateway, Email Archive System, Email Delivery System and Secure Email Relay. Flexible deployment and integration capabilities help organisations address differing data security, IT infrastructure and business requirements, supporting secure and reliable enterprise communications.

Coremail has established cooperation with Indonesian cloud service provider CBN Cloud to jointly develop a cloud email service platform, combining Coremail’s email technology with local service capabilities to support Indonesian businesses.

The roundtable offered opportunities to strengthen local connections and explore further collaboration in enterprise email, email security and integrated digital solutions. Coremail will seek to deepen its Southeast Asian presence and work with local partners to address evolving customer needs through secure enterprise email, email security and AI-enabled solutions.

For more information, please visit: www.coremail.co.th

About Coremail

Coremail provides enterprise email and collaboration solutions, with over 27 years of innovation in secure communication technologies. It serves over 20,000 enterprise customers and supports over 1 billion end users, with solutions widely adopted across government, finance, education, healthcare and energy.

 

View original content:https://www.prnewswire.com/apac/news-releases/coremail-strengthens-digital-ecosystem-ties-at-wps-indonesia-roundtable-2026-302921912.html

SOURCE Coremail

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Straits Financial Services Pte Ltd Participates in First Trading Day of LME Steel HRC Shanghai Futures

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SINGAPORE, Oct. 29, 2026 /PRNewswire/ — Straits Financial Services Pte Ltd (SFSPL), a member of Straits Financial Group, announces its participation in the first trading day of the London Metal Exchange (LME) Steel HRC Shanghai futures contract on 27 October 2026.

SFSPL’s participation reflects its continued commitment to supporting the development of commodity derivatives markets and connecting clients with exchange-traded instruments to manage price risk.

The new contract is cash-settled in US dollars against the Shanghai Futures Exchange (SHFE) Hot-Rolled Coil (HRC) steel price, as converted by Commodity Pricing and Analysis Limited (CPAL). It marks the first time an SHFE metals price has been made available for trading on another exchange.

By bringing the SHFE HRC benchmark to LME, the contract provides international market participants with more direct access to this price. It also strengthens links between China’s steel market and the global trading community, supporting the risk-management needs of producers, traders, investors, and financial institutions.

“We are thrilled to participate in the first trading day of the LME Steel HRC Shanghai futures contract. The new contract broadens the range of instruments available to international participants seeking to manage steel price exposure,” said Mr Roger Quek, CEO and Managing Director of SFSPL.

Straits Financial Services looks forward to supporting the development of this market and helping its clients access relevant risk management solutions across global commodity markets.

About Straits Financial Services Pte Ltd

At Straits Financial Services Pte Ltd, we distinguish ourselves by promoting key and innovative contracts to support the financial and commodity derivative markets as well as providing products and services to fulfill the needs of every trader.

With a strong presence in Asia and a deep understanding of the global markets, we provide value to our clients by enabling global access with a local perspective. Established in 2010, Straits Financial Services Pte Ltd is part of Straits Financial Group which is headquartered in Singapore.

Straits Financial Services Pte Ltd provides a fully integrated service for our clients to access the financial and commodity derivative markets and we strive to build lasting relationships with our clients.

For more information, please visit our website at https://www.straitsfinancial.com.

This document is issued for information purposes only. This document is not intended and should not under any circumstances be construed as an offer or solicitation to buy or sell, nor financial advice or recommendation in relation to any capital market product. All the information contained herein is based on publicly available information and has been obtained from sources that Straits Financial Services Pte Ltd believes to be reliable and correct at the time of publishing this document.

Straits Financial Services Pte Ltd will not be liable for any loss or damage of any kind (whether direct, indirect or consequential losses or other economic loss of any kind) suffered due to any omission, error, inaccuracy, incompleteness, or otherwise, any reliance on such information. Past performance or historical record of futures contracts, derivatives contracts, and commodities is not indicative of the future performance. The information in this document is subject to change without notice.

If after reading the foregoing content you have any doubts in relation there to, please consult your own independent legal, financial and/or professional adviser.

View original content:https://www.prnewswire.com/apac/news-releases/straits-financial-services-pte-ltd-participates-in-first-trading-day-of-lme-steel-hrc-shanghai-futures-302922017.html

SOURCE Straits Financial

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