Cards & Payments
Ant International to build Malaysia digital business centre and is hiring 500 roles
The centre is expected to move in at The Exchange 106 by 2025.
3 hours ago
Ant International to build Malaysia digital business centre and is hiring 500 roles
The centre is expected to move in at The Exchange 106 by 2025.
3 hours ago
Chart of the Week: Indonesia’s card payments market to be worth $71.8b by end-2024
But point-of-sales terminal penetration remains low.
6 hours ago
India floats regulations for non-bank POS payment aggregators
They are required to apply authorisation from the RBI by May 2025.
1 day ago
Why tokenization and funding are two key issues for financial disruptors in 2024
HSBC's Vincent Lau a lineup of 250 speakers to discuss these at Money 20/20 Asia.
1 day ago
Superapps to help drive BNPL userbase to 670 million by 2028
Superapps like WeChat and Grab are adopting and offering BNPL services to users.
2 days ago
APAC payments gateway market to rise 30% as cashless economy expands
The market is expected to grow by over 11% between 2023-2027.
3 days ago
Bangkok Bank bookmarked $1.09b in cash for Songkran 2024
The cash was expected to have served over 8,000 ATMs and branches.
3 days ago
Maybank issues apology following digital and payment service disruption
Customers were temporarily unable to make online and retail payments on 5 April.
Ant Group seeks to boost foreign payment accessibility in China
The group plans to expand bilingual support, amongst other enhancements.
Payments platform dLocal, Papaya Global team up to improve payroll processes
The partnership is live in Indonesia and Vietnam.
S’pore’s payment cards lead with 40% market share in online transactions
An analyst said Singapore’s advanced tech infrastructure has boosted alternative payments.
BOK joins project exploring use of tokenisation to improve cross-border payments
Seven other central banks globally have joined the project.
POS terminals, e-commerce drive up card usage in Australia
Value added benefits like rewards points and discounts have made cards attractive.
PH-based Allbank and Salmon Group unveil QR PH-enabled payment solution
It eliminates the need to input details manually for traditional payments.
UPI propels India’s mobile wallet payments to $6.5t by 2028
In February 2024, $221.5b in value was paid across 12.1 billion UPI transactions.
16 foreign e-wallets now accepted in Japan through Alipay+
Alipay, KakaoPay, Touch ‘n Go, GCash and TrueMoney are the most popuar.
Mobile tap payments produces least carbon emissions vs cash and ATMs: study
ATMs make up a bulk of carbon emissions, at 7.14g CO2e per transaction.
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HSBC Hong Kong shines at ABF Retail Banking Awards
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1. Financial firms lead LinkedIn’s top companies in Singapore 2. DBS and OCBC expected to deliver steady Q1 net profits 3. OCBC’s green car loans surged sixfold as new EV brands pique buyers 4. Endowus launches full-service digital wealth platform in Hong Kong 5. SC Ventures, ENGIE Factory back conservation financing ventureAwards
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