Cards & Payments
PH’s BillEase clinched $5m investment from Credit Saison lending arm
BillEase has achieved profitability in 2023 and delivered 47% return on equity.
1 hour ago
PH’s BillEase clinched $5m investment from Credit Saison lending arm
BillEase has achieved profitability in 2023 and delivered 47% return on equity.
1 hour ago
BNPL provider Atome Financial doubles operating income in 2023
It’s BNPL services are now profitable, the company said in a press release.
2 days ago
Zed challenges banking norms with no interest, forward-looking credit card
The soon-to-be-launched card will underwrite based on present and future income, not just past financial records.
3 days ago
PH central bank revokes license of local money changer
Money changer NIKKO reportedly committed “serious violations” of money laundering laws.
3 days 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.
6 days 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 days ago
India floats regulations for non-bank POS payment aggregators
They are required to apply authorisation from the RBI by May 2025.
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.
Superapps to help drive BNPL userbase to 670 million by 2028
Superapps like WeChat and Grab are adopting and offering BNPL services to users.
APAC payments gateway market to rise 30% as cashless economy expands
The market is expected to grow by over 11% between 2023-2027.
Bangkok Bank bookmarked $1.09b in cash for Songkran 2024
The cash was expected to have served over 8,000 ATMs and branches.
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.
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1. Zed challenges banking norms with no interest, forward-looking credit card 2. HK-based fintech KPay expands operations to Singapore 3. Citi names Amit Dhawan as head of CCB Singapore 4. Hang Seng Bank warns against phishing email 5. StanChart joins Visa’s B2B Connect to enhance cross-border paymentsResource Center
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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.
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1. Zed challenges banking norms with no interest, forward-looking credit card 2. HK-based fintech KPay expands operations to Singapore 3. Citi names Amit Dhawan as head of CCB Singapore 4. Hang Seng Bank warns against phishing email 5. StanChart joins Visa’s B2B Connect to enhance cross-border paymentsAwards
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