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Network for Electronic Transfers (NETS) Stories

Asian Stories

Network for Electronic Transfers (NETS) stories

Jeremy Soo named new chairman of NETS

Digital Transformation

Jeremy Soo named new chairman of NETS

Jeremy Soo appointed as Chairman of NETS from 1 September 2024, succeeding Susan Hwee. Soo brings over 30 years of consumer banking expertise to the role.

By Imee Dequito • 2 min read • Fri, 30th Aug 2024

NETS unveils Android-based contactless payment solution in SG

Payment Technologies

NETS unveils Android-based contactless payment solution in SG

NETS launches NETS SoftPOS, turning Android devices into contactless payment terminals. Merchants can now accept card, QR, and mobile payments seamlessly.

By Catherine Knowles • 3 min read • Thu, 15th Aug 2024

Global Stories

Network for Electronic Transfers (NETS) stories

Canon Singapore launches cyber suite amid threat surge

Data Protection

Canon Singapore launches cyber suite amid threat surge

More than two-thirds of Singapore firms suffered a major cyber incident last year, sharpening demand for faster detection and response.

By Sean Mitchell • 4 min read • Last month

Southeast Asia's payment rails leave US merchants behind

Southeast Asia's payment rails leave US merchants behind

US merchants risk missing billions in Southeast Asian sales as local instant-payment rails outgrow cards and stay entrenched.

By Yang Yang Zhang • 5 min read • Last month

PayNet, NETS to build Nexus cross-border payments hub

PayNet, NETS to build Nexus cross-border payments hub

Malaysia's PayNet and Singapore's NETS win mandate to build and run the Nexus cross-border instant payments hub, targeting go-live in 2027.

By Sofiah Nichole Salivio • 3 min read • Wed, 11th Feb 2026