Cards & Payments
Rising costs weight on KB Kookmin Cards’s profitability: Moody’s
Cash flow and liquidity are weak, but credit profile will remain resilient over the next 12-18 months.
Rising costs weight on KB Kookmin Cards’s profitability: Moody’s
Cash flow and liquidity are weak, but credit profile will remain resilient over the next 12-18 months.
Alipay, Mastercard enables visitors to transact digitally in China
Regardless of the origin of their Mastercard card, travellers can opt to choose this payment method.
HSBC’s PayMe allies with AsiaPay to offer merchant payment solutions
The collaboration attracts customers through versatile payment choices through a unified device.
More than 2,600 Thai entrepreneurs benefit from GHL expansion of Alipay+
Tourists can pay through AlipayHK, Kakao Pay, Touch 'n Go eWallet, and Alipay.
IndusInd Bank, Wise offer remittance services to US, Singapore
Internationally-based Indian citizens can remit from Singapore and the US.
JCB cards now serviceable through EazyPay in Bahrain
JCB card holders can now be used through the Bahrain-based service provider.
Malaysia's AmBank, Alp Capital unveil point-of-sale QR payment for retailers
The new feature reduces the time spent reconciling transactions and e-wallet payments separately.
Less Filipinos fall short of meeting credit card payments
The delinquency rate has been falling since the COVID-19 pandemic started.
Commonwealth Bank of Australia waives transaction fee for overseas money transfers
The waived fees exclude Japanese yen transactions in its CommBiz platform.
Vietnam’s BIDV, JCB International launch credit card
Customers can enjoy up to a 20% cashback on select transactions.
OxPay and NomuPay ink partnership for market expansion
OxPay will be able to enter new markets where NomuPay already services.
JCB reduces GHG emissions by 54.4% in 2022
It also shared the initiatives which took place last year.
APAC real-time payments to grow 14% through 2027
Over 49 billion RTP transactions were made in APAC throughout 2022.
MAS grants Wallex new services in addition to MPI license
The new services come on top of its Major Payment Institution (MPI) license.
Hang Seng, Mastercard to launch the MMPOWER touch card
Cardholders can earn up to 5% +FUN Dollars whilst spending online and offline.
Alipay+ available to Asian tourists for Barcelona, Madrid Clarins purchases
About 60% of Clarins Spain shoppers are from Asian nationalities pre-pandemic.
Worldpay terminates OxPay deal over alleged clause breach
The termination could affect the company's financial standing end-2023.
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1. Zed challenges banking norms with no interest, forward-looking credit card 2. Citi names Amit Dhawan as head of CCB Singapore 3. StanChart joins Visa’s B2B Connect to enhance cross-border payments 4. Hang Seng Bank warns against phishing email 5. Fintech Qashier clinches in-principle approval for a MPI license from MASResource Center
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HSBC Hong Kong shines at ABF Retail Banking Awards
![HSBC Hong Kong shines at ABF Retail Banking Awards]()
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The bank has been a digital and transformation pioneer in the industry.
The bank has been a digital and transformation pioneer in the industry.
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1. Zed challenges banking norms with no interest, forward-looking credit card 2. Citi names Amit Dhawan as head of CCB Singapore 3. StanChart joins Visa’s B2B Connect to enhance cross-border payments 4. Hang Seng Bank warns against phishing email 5. Fintech Qashier clinches in-principle approval for a MPI license from MASAwards
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