Cards & Payments

Indonesian banks launch mobile wallet in last-ditch effort to compete with Go-Jek
20 Mar 19
LinkAja can be used for mobile prepaid top-ups, POS payments, utility and transport payments.
Bangkok Bank rolls out cross-border QR code payment in Japan
18 Mar 19
Users can avail of lower fees for foreign currency exchange than credit card or cash.
SWIFT's Michael Moon on shaking the dust off the global cross-border payment process
18 Mar 19
SWIFT gpi promises speed, traceability and transparency as it helps usher in a new era of payments.
Cash is still king in Singapore as reluctant elders shun mobile apps
18 Mar 19
Security concerns in mobile banking apps rose from 34% in 2017 to 41% in 2018.
Winning in The Mobile Wallet Space
12 Mar 19
Asia is not only the largest single market in terms of consumer payment value but is also home to the largest share of the world’s unbanked...
New payments technologies will continue to disrupt ASEAN banks
12 Mar 19
Along with my colleagues Mark Goodridge and Mulya Chandra from Morgan Stanley’s ASEAN equity research department, I have been writing about...
Citibank Taiwan unveils credit card with higher cashback
11 Mar 19
It offers up to 3% cash back for new customers.
RHB Indochina offers cashless payment service in Cambodia
8 Mar 19
It has tied up with mobile payment app Pi Pay.
Korea's open banking system threatens dominance of credit card issuers
8 Mar 19
Credit card issuers may lose their tax incentive to fintechs.
RHB unveils commercial card line for SMEs and corporates
4 Mar 19
The RHB Purchasing Charge Card-i is a Shariah compliant charge card.
Citi enables credit card spend on recurring, big-ticket items
1 Mar 19
Users can use PayAll for rent and education and earn rewards.
Cash and cheques still account for 40% of Singapore payments
21 Feb 19
Hawker centres, food courts and wet markets remain heavily dependent on cash.
Japanese regional banks jump in on cashless payment initiative
18 Feb 19
J-Coin enables transactions without the need to install readers.
Cambodia and Thailand ink deal on QR code scheme
4 Feb 19
It aims to boost local currency usage of both the riel and baht.
Indonesian banks tie up to launch QR code payment platform with Alipay
25 Jan 19
'Link Aja' will launch sometime in February to March.
DBS unveils loadable QR Ang Bao for Chinese New Year
24 Jan 19
They will be available from 25 January and can be used until 15 March.
WeChat and AliPay still no-go in Indonesia
24 Jan 19
Bank Cental Asia and CIMB Niaga are still completing the necessary documents.
China delays Visa and Mastercard entry as Unionpay remains unchallenged
15 Jan 19
The central bank has yet to issue formal acknowledgment.
HSBC enhances credit card rebate programme in Taiwan
15 Jan 19
It will allow cardholders to exchange every NTD from cash rebate for two airline miles.
Kasikornbank ties up with Japan mobile chap operator Line
13 Dec 18
The bank will tap on the latter's 44 million users to grow personal loans.
Thailand mulls harsher stance against cash transactions
12 Dec 18
Banks are considering additional fees as it aims to speed up e-payment adoption.
Citi adds full Apple product suite to rewards redemption platform
7 Dec 18
It is initially available in Australia, Hong Kong, the Philippines and Thailand.
India's mid-sized banks hop on personal lending bandwagon
19 Nov 18
Personal loan balances are expected to grow at a CAGR of 16% for 2018-2022.
UOB forges digital payments service alliance with Grab
13 Nov 18
Customers can pay and top up their GrabPay wallets directly from their UOB bank accounts.
DBS ties up with ride-hailing firm Go-Jek for regional payment services
12 Nov 18
The collaboration will extend to other SEA countries.
Singaporeans are less satisfied with their credit cards in 2018
8 Nov 18
Rewards programmes have room for improvement.
Banks are putting up a fight against China's tech titans
7 Nov 18
Although the amount of nonbank third-party payment skyrocketed 480% from 2014-2017, mobile payments by banks rose by 798% over the same period....
DBS Taiwan unveils credit card for everyday purchases
5 Nov 18
Cardholders earn one reward point for every NT$5 spend and points have lifetime validity.
Japanese banks trial blockchain technology to settle payments
30 Oct 18
Fujitsu has been tapped to develop the application.
Malaysia moves to enable money transfer via mobile number
29 Oct 18
Users can transfer money through DuitNow by December.
HSBC Hong Kong launches fund transfer service with Lu International partnership
26 Oct 18
It cuts transfer time from 1-3 days to within the same day.
Chart of the Week: APAC eats up global payments pie but lags in electronification
24 Oct 18
The region's e-payment transactions are up to 65% lower than Europe's.
Sibos 2018: APAC fuels global payments boom with $900b in 2017 revenue
22 Oct 18
Strong balance growth in China is cementing the region's dominance.
Singapore banks receive boost from regulator's hardline stance against e-wallet lending
17 Oct 18
Entities would need a banking license first before using deposits to extend loans.
Japan enables instant 24/7 fund transfer across banks
11 Oct 18
Around 64 banks have already started implementing the service.
Taiwan Cooperative Bank rolls out QR code payment in Visa tie-up
11 Oct 18
It claims to be the country’s first standardised and EMV compliant QR code payment.
Thailand pushes for regional cross-border fund transfer via QR code
2 Oct 18
It tying up with Cambodia, Laos, Myanmar and Vietnam.
Hong Kong's Faster Payment System goes live
1 Oct 18
Customers can now make and receive real-time payments.
Chart of the Week: Thai banks put up fight against telcos in e-wallet war
26 Sep 18
Lenders will  snap up half of the market in the next four years.
RHB Singapore unveils prepaid multi-currency Visa Card
25 Sep 18
Consumers can exchange 11 currencies on the app.

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Commentary

Cards & Payments
Winning in The Mobile Wallet Space
BY Grace Chia
Cards & Payments
New payments technologies will continue to disrupt ASEAN banks
BY Nick Lord
Markets
The Advent of Next Generation Technology and Sourcing Models in Japan
BY Eiichiro Yanagawa
Retail Banking
Four Crucial Defense Strategies against revenue erosion for Private Banks in Asia
BY Silvio Struebi and De Liu
Retail Banking
Digitising investment suitability
BY Christian Gilmour
Wholesale Banking
ESG Financing in Asia: Ready for Take Off?
BY Sangiita Yoong

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