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Nium expands footprint in Asia with Artajasa partnership

By Gloria Methri

April 23, 2024

  • APAC
  • Artajasa
  • Asia
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Nium, Artajasa, Cross Border Payments, FinTech, AsiaNium, a specialist in real-time cross-border payments, has signed a partnership with Artajasa, one of Indonesia’s leading payment infrastructure companies. Artajasa operates the switching services that banks and FinTechs use to facilitate fast, secure, and reliable electronic transactions. The partnership will ensure seamless, real-time, cross-border transfers between Indonesia and the world.

Under the leadership of Anupam Pahuja, Nium’s Executive Vice President and General Manager for the Asia Pacific and Middle East regions, the company has expanded significantly in the region. Today, Nium announced that its partner, Jeonbuk Bank in Korea, has gone live with its real-time remittance service, enabling the bank to serve a growing number of immigrant clients better.

In Thailand, Nium has proven to be the gold standard for cross-border payments; its platform powers four of the country’s premier banks: Kasikorn Bank, Krungsri (Bank of Ayudhya), Krungthai Bank, and Siam Commercial Bank.

“Nium’s growth in APAC reflects our dedication to transforming the global financial landscape,” said Pahuja. “By partnering with leading institutions like Artajasa and JB Bank, we aim to help businesses accelerate their growth across the region with secure, efficient, and innovative financial solutions.”

Heru Perwito, Director of Business at Artajasa, said, “As an institution that has experience in providing solutions for various digital payment services in Indonesia, we certainly welcome the strategic collaboration established between Nium and Artajasa to expand cross-border payments while encouraging digital penetration in Indonesia, regionally and globally. This collaboration will certainly further strengthen our commitment to providing integrated, easy, and secure payment solutions to answer customer needs.”

In addition to growth in the region, Nium recently launched a new data-backed white paper that addresses cross-border B2B payment challenges in APAC, current initiatives, and the important role of intermediaries alongside Asian payments, banking, and capital markets research firm Kapronasia.

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