{
    "success": true,
    "data": {
        "id": 1692602,
        "msgid": "at-money20-20-asia-eurewax-showcases-latest-innovations-1776855140",
        "date": "2026-04-22 09:43:51",
        "title": "At Money20\/20 Asia, EurewaX Showcases Latest Innovations",
        "author": "",
        "source": "ANTARA_ID",
        "tags": "",
        "topic": "Finance",
        "summary": "At the Money20\/20 Asia event, Singapore-based AI-driven cross-border payment cloud platform EurewaX addressed concerns from financial institutions about potential competition by emphasising its behind-the-scenes support model, allowing partners to maintain full customer ownership and brand separation. The company announced strategic partnerships that enable institutions to build custom payment solutions with lower costs and broader merchant reach, supported by advanced AI risk management. This approach alleviates fears of being sidelined in business ecosystems, positioning EurewaX as a non-competitive enabler in Southeast Asia's fintech landscape.",
        "content": "<p>Singapore and Bangkok, (ANTARA\/PRNewswire) - At the Money20\/20 Asia\nevent, several leaders from financial institutions repeatedly questioned\nEurewaX\u2019s business model: \u201cSo you just provide the product, without\ndirectly engaging with our merchants?\u201d This is not the first time\nEurewaX has faced such questions. On the first day of Money20\/20 Asia,\nthe Singapore-based AI-powered cross-border payment cloud platform\nforged strategic partnerships with several financial institutions.\nAlmost every partner raised similar queries. Shadow of Being Sidelined\nfrom the Business Ecosystem For local banks and payment institutions,\nthe issue is not the number of customers, but cross-border reach. They\nface high costs if they build systems independently. On the other hand,\nthey risk losing customers when relying on third-party gateways. The\npattern of \u201cpartnering then being sidelined\u201d makes financial\ninstitutions in Southeast Asia cautious. Although they need cross-border\nsolutions, they tend to be careful in selecting service provider\npartners. Support Solutions Working Behind the Scenes EurewaX addressed\nthese challenges at the Money20\/20 Asia event. The model offered by\nEurewaX is quite simple: financial institutions can build and develop\ntheir own payment products using the EurewaX platform, while EurewaX\nprovides the core technology and regulatory compliance mechanisms. \u201cWe\ndo not engage with our clients\u2019 customers,\u201d said Lee, CTO of EurewaX.\n\u201cEnd users only see the services from those institutions, while we\ncontinue to work behind the scenes.\u201d This approach emphasises brand\nseparation, clear customer ownership, and tiered risk isolation.\nPartners are free to combine product modules according to their needs.\nOn the other hand, EurewaX acts as a technical support provider without\ninvolvement in business decisions. \u201cThis is the model we\u2019ve been looking\nfor,\u201d said Lawrence Tang, Founder of MoneyPasar, after formalising the\npartnership. \u201cWe now have the necessary technology without turning\npotential partners into future competitors.\u201d Lower Technology Costs,\nBroader Merchant Reach AI-based risk control systems also took centre\nstage. As the number of sub-merchants served increases, complexity\ngrows\u2014but the intelligent risk management system keeps it under control.\n\u201cSupported by EurewaX\u2019s modular cloud platform, we can access\nworld-class payment capabilities at very low costs, allowing us to focus\non serving customers,\u201d said Adrin Manohar, Co-founder of the\nSingapore-based cross-border payment company, MoneyPasar. Amid concerns\nabout being abandoned by business partners, the commitment to\nnon-competition emerges as an increasingly rare competitive edge. A\nstrong foundation truly works behind the scenes. SOURCE: EurewaX<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/at-money20-20-asia-eurewax-showcases-latest-innovations-1776855140",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}