Cards & Payments

It’s not as urgent as other markets with credit under-penetration, says TMRW Digital Group CCO.

The move is part of the BSP’s Digital Payments Transformation Roadmap.

Internet economy in SEA has propelled digital payments further.

The market is expected to top $83.2b in four years’ time.

Hence, Mastercard launched the world’s first BNPL commercial card solution for SMEs.

China’s alternatives will account for 70% of e-commerce transaction value in 2021.

ABF spoke with industry experts from Mastercard, Enterpryze, Boku, and Xfers to learn more.

Digital renminbi will test banks’ ability to address risks.

SG’s regulator remains iffy on cryptocurrencies—or, in MD Menon’s words, crypto tokens.

The Pay & Split provides SMEs with the first-of-its-kind, network-based, open-loop payment solution.

Singapore and Philippines' remittance flows totalled S$2.89b last year.

Users will be able to convert crypto into traditional fiat money.

The digitisation initiative aims to cut down the old GIRO process from weeks to minutes.

This is part of HKMA's initiative to 'push all banks to go fintech'.

The market is forecasted to rebound by over 15% in 2021.

The national ID system, QR payment system are expected to push up financial inclusion.