Cards & Payments
Japan’s PayPay files for Nasdaq IPO
Japan’s PayPay files for Nasdaq IPO
A public offering of the American depositary shares is also planned.
OCBC enables Weixin Pay QR payments via bank app
Customers will see rates in real-time before making a transaction.
Singapore card payments hit $119.6b in 2025 on SME push and contactless cards
Credit and charge cards made up two-thirds of the value.
Malaysia payments flip non-cash as e-wallet usage jumps 14%
Online bank transfers also gained whilst debit and credit cards ranked last amongst users.
Singaporeans’ travel spend shift to Asia for snow and healthcare
They’re traveling to Thailand and South Korea for medical services.
Digital payments clock 13% growth as physical cards retreat
Super-apps reduce dependency on traditional products by bundling diverse financial tools.
Mastercard launches Fleet: Next Gen to streamline fleet payments in APAC
It offers acceptance in a million locations and data gathering capabilities.
UnionPay links 25 foreign wallets to Weixin Pay as China QR use surges
Global travellers can use domestic cards on Weixin Pay QR network
Will stablecoins disrupt the banking business?
The response from central banks and regulators worldwide has varied widely.
Indonesia's Artajasa ties up with Ant International on cross-border payments
Artajasa connects over 80,000 ATMs and 41 million merchants in Indonesia.
Siam Commercial Bank to perform maintenance on international fund transfers
SCB Easy App users will not be able to use the service during this period.
Philippine payments market to hit $29.17b by 2033
The report places 2025 value at $16.72b and tracks a climb from 2024 baseline levels.
Mastercard pushes tokenisation as payments go passive
Transactions fade into the background when there’s trust.
Mizuho and Fujitsu automate 70% of SME order processing tasks
It streamlines 70% of order processing tasks by elimination manual input and conversion work.
Modern card issuing doubles as banks shift from UX to cost
The number of cards issued this way is expected to be at 1.6 billion by 2030.
Airwallex buys Paynuri to enter South Korea payments market
It plans to hire 20 employees in the market in 2026.
XTransfer targets $20t market with Alipay-style instant transfers
Buyers and sellers can complete transfers 24/7 in as fast as 15 minutes.
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1. HSBC Singapore names two senior appointments for China proposition 2. India’s Bank of Baroda to log 1% to 1.2% ROAA over next two years 3. Mastercard runs first live agentic payment in Singapore with DBS, UOB 4. Mastercard names Minsook Cho as Singapore Country Manager 5. Retail holds 71% of APAC fintech market in 2025Resource Center
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Asian Banking & Finance Fintech Awards 2025 Winner: Shweta Jain of Finastra
Shweta Jain of Finastra highlights how Finastra Essence’s modern, open, API-first design enables rapid deployment.
Commentary
Asia’s banks hold the mandate to innovate. Now they must earn it.
Why Asia's banks are rebuilding their credit infrastructure in 2026