A strategic integration with Vietnam’s METech strengthens M-DAQ’s regional cross-border payments infrastructure, advancing its vision of an interconnected Southeast Asian digital economy.

SINGAPORE, July 7, 2026 /CNW/ — M-DAQ Global, a leading Singapore-headquartered fintech group specialising in foreign exchange (FX) and cross-border payment solutions, has signed definitive agreements for a strategic integration with METech, the majority shareholder of PayME, a licensed payments service provider in Vietnam.

This milestone marks a major step in M-DAQ’s ambition to build a unified ASEAN Payments Hub, providing integrated collection, FX conversion, and payout capabilities across the region.  As part of this strategic integration, M-DAQ now has its own regulated payments infrastructure in Vietnam, enabling it to process local collections and payments directly in Vietnamese Dong (VND). This direct access to VND collection and payout rails reduces reliance on third-party partners, giving M-DAQ reliable control of the region’s key cross-border corridors. This enables faster, more efficient flows, reducing friction for businesses operating in and out of the country.

As one of ASEAN’s fastest growing economies, Vietnam represents a critical expansion corridor. METech’s technical and regulatory expertise, coupled with its longstanding banking relationships, provides the essential onshore infrastructure needed to connect Vietnam to M-DAQ’s broader regional platform. With both organisations serving highly complementary customer segments, the move to combine METech’s local expertise with M-DAQ’s regional scale will unlock strong opportunities for both parties.

M-DAQ’s integration of METech marks a further step in its strategy to build a comprehensive, licensed payments footprint across ASEAN’s key trade and economic corridors, building on previous expansions through EasyPay in Malaysia and Wallex in Indonesia. With METech now part of its group, M-DAQ holds five regulated licenses, including across four key ASEAN markets. Together, METech’s local market expertise and M-DAQ’s regional infrastructure create a stronger platform for cross-border payment flows, both within the region and between ASEAN and the rest of the world.

Tan Choon Seng, Group CEO of M-DAQ Global, said, “Vietnam is one of ASEAN’s most dynamic growth markets and a key pillar for the region’s digital transformation. We are proud to mark M-DAQ’s first direct presence in the country through this integration, advancing our ASEAN-focused strategy. The next wave of digital business and innovators, including crypto and Web3 platforms, are increasingly recognising that scaling requires robust, fully compliant financial infrastructure. This milestone positions us well to unlock new opportunities across the region, strengthen connectivity between markets, and drive the next phase of scalable cross-border payments.”

The move comes at a highly opportune time. Vietnam represents a massive business opportunity for cross-border commerce, with its digital economy rapidly accelerating to reach USD 72.1 billion in 2025. This accounts for over 14% of Vietnam’s national GDP, with the government actively working to increase this volume to 30% by 2030. Furthermore, the country’s domestic e-commerce market reached USD 31 billion in 2025, placing Vietnam among the top three digital economies in ASEAN, according to data from the Ministry of Industry and Trade of Vietnam (MoIT). Fueled by this momentum, Vietnam’s cross-border B2C e-commerce market alone is forecast to grow to USD 13.39 billion by 2031, leaving vast untapped potential for regional trade corridors.

Lê Hoàng Gia, Founder of METech, added, “We have established a deeply entrenched presence within Vietnam’s financial ecosystem over the past decade, developing substantial expertise by serving the local business community. With this integration with M-DAQ, we are keen to extend our expertise to businesses beyond Vietnam, combining local infrastructure with regional reach to unlock new growth opportunities across ASEAN. Together, we are setting a new standard for how cross-border payments can be executed with speed, reliability, and transparency.”

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About M-DAQ Global

M-DAQ Global is a pioneering fintech group specialising in foreign exchange (FX) & payment solutions that facilitate seamless cross-border transactions for businesses worldwide. Our proprietary technology empowers both institutional enterprise businesses and small and medium-sized businesses to navigate international trade with FX clarity, certainty, and payment mobility.

Headquartered in Singapore with an expanding presence across 7 countries and territories, M-DAQ Global provides a comprehensive suite of FX, collections, and payment solutions, as well as value-added services such as AI-driven KYB onboarding and enhanced risk management solutions, enabling businesses to transact across borders with ease amidst evolving needs.

For more information, please visit: www.m-daq.com

About METech

METech is an established financial technology group in Vietnam and the majority shareholder of PayME, a prominent licensed payment service provider headquartered in Ho Chi Minh. Through PayME, the group operates a robust domestic payment infrastructure that provides comprehensive digital payment solutions, including online payment gateways, QR code payments, digital wallets, and salary advance services.

For media queries, please contact:

M-DAQ Global Media: media@m-daq.com

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SOURCE M-DAQ Global

Acquisition of specialist consultancy strengthens Databarracks’ Business Resilience offering

LONDON, July 7, 2026 /PRNewswire/ — Databarracks has acquired the assets of Acumen Business Services Ltd. The transaction follows Databarracks’ acquisition of PlanB Consulting and continues the company’s investment in its Business Resilience Managed Services and unified approach to business and technology resilience.

Acumen was founded by Andy Osborne, who has spent more than 20 years delivering award-winning business continuity consulting. Acumen counts more than 100 clients across financial services, healthcare and manufacturing.

Chris Butler, Resilience Director at Databarracks, said:

“Acumen has delivered business continuity and resilience services to some of the largest organisations in the UK and around the world. We share a common vision of embedding resilience and making BC practical and simple, while adding real value for our customers. We will be adding further value to Acumen’s customers through our Recovery Confidence assurance concepts and Business Resilience Managed Service approach.”

Andy Osborne said:

“Technology and cyber risk are absolutely central to business continuity, and Databarracks is leading the industry in an approach that brings them together. This is the right next step for Acumen and our clients, combining our business continuity expertise with Databarracks’ strength in business and technology resilience and recovery solutions.”

Mike Osborne, Chairman at Databarracks, said:

“I’ve known Acumen for a very long time. In addition to the great work the team has been delivering for decades, Andy has been prolific in contributing to the progress of the industry, authoring books and generally sharing his expertise. Databarracks’ Business Resilience function is growing rapidly following our previous acquisition of PlanB Consulting in 2024. Given the sheer pace of change in risk, there has been a fantastic response to our approach of delivering resilience as a managed service. Whilst we already have some of the leading experts in the industry, we’re hiring to keep up with demand. So for any practitioners who are interested in getting exposure to the next generation of resilience solutions and some of the best customers in the world, our message is to get in touch!”

About Databarracks

Databarracks is the business and technology resilience expert.

In 2003, we launched one of the world’s first managed Backup services to bring indestructible resilience to mission critical data.

Today, we deliver award-winning Data Protection, Public Cloud and Business Resilience services, backed by 24/7 expert support.

The world’s most resilient organisations trust us to protect their data, optimise their clouds and keep their operations running. When the worst happens, we guarantee their business continues.

We help our customers build resilience into every layer of their organisations, aligning people, processes and technology and proving recovery through regular testing. With prepared leadership, rehearsed plans and resilient technology, they’re ready to respond to every modern business threat – from cyber attacks to system failures – and have full confidence in their continuity.

About Acumen

Formed in 1997, Acumen Business Services Ltd specialises in the provision of independent business continuity management, crisis management, risk management and information security management consultancy services.

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SOURCE Databarracks

STOCKHOLM, July 7, 2026 /PRNewswire/ — At the NATO summit in Ankara, Türkiye, Secretary General Mark Rutte announced that NATO will begin formal negotiations with Saab regarding the acquisition of up to ten GlobalEye Airborne Early Warning & Control (AEW&C) systems. 

At this point, Saab has not signed a contract or received an order related to the announcement.

NATO has identified the need to replace its existing AEW&C capability as part of a broader effort to modernise and strengthen the Alliance’s surveillance and situational awareness capabilities. The announcement by the NATO Secretary General confirms that Saab’s GlobalEye is NATO’s chosen solution for its future AEW&C capability.

“We are honoured and proud to support NATO in its next-generation AEW&C capability. We are confident that GlobalEye is the right choice for the Alliance, delivering proven capability, adaptability and long-term operational advantage. Today’s announcement clearly positions GlobalEye as the world-leading solution for advanced airborne early warning and control. We look forward to the next steps in the negotiations,” says Micael Johansson, President and CEO of Saab.

GlobalEye will enable the Alliance to monitor vast areas of land, sea and air, significantly enhancing NATO’s ability to detect and respond to a wide range of threats. GlobalEye combines Saab’s Erieye Extended Range radar with an advanced suite of sensors and a multi-domain Command and Control (C2) system, on a Bombardier Global 6500 aircraft. As an AEW&C system, GlobalEye provides long-range detection with high update rates, capable of identifying low-observable and stealthy threats, as well as drones, ballistic and hypersonic missiles, even in complex environments characterised by heavy clutter and electronic jamming.

Saab will now proceed to formal negotiations with the NATO Support and Procurement Agency (NSPA) to secure a contract.

Contact
Saab Press Centre
+46 (0)734 180 018
presscentre@saabgroup.com 

Saab is a leading defence and security company with an enduring purpose, to help nations keep their people and society safe. Empowered by its 28,000 talented people, Saab constantly pushes the boundaries of technology to create a safer and more sustainable world. Saab designs, manufactures and maintains advanced systems in aeronautics, weapons, command and control, sensors and underwater systems. Saab is headquartered in Sweden. It has major operations all over the world and is part of the domestic defence capability of several nations.

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SOURCE Saab