Cards & Payments
Hong Leong Bank, Mastercard launch debit card in Cambodia
Until October, 1% of each transaction made using the card will be donated to Kantha Bopha Children's Hospital.
3 hours ago
Hong Leong Bank, Mastercard launch debit card in Cambodia
Until October, 1% of each transaction made using the card will be donated to Kantha Bopha Children's Hospital.
3 hours ago
Weekly Global News Wrap: Tether execs face criminal probe for bank fraud; Credit Suisse taps Goldman Sachs partner as new chief risk officer
And PayPal to research US transactions that fund hate groups and extremists.
3 days ago
Higher adoption of QR payments ramps up Singapore’s cashless transition
In January, 1.2 million transactions were carried out via the SGQR.
7 days ago
OCBC enables Singaporeans to directly view, pay tax in digital bank platform
Customers have the option to pay their tax balances in full or partially.
8 days ago
'Buy now, pay later' speaks to convenience as more Filipinos remain unbanked
Bypassing credit cards, the payment instalment options prove to be attractive.
14 days ago
India bans Mastercard from issuing new cards in the country
Mastercard has not complied with data storage rules, the Reserve Bank of India said.
15 days ago
Fintechs could overtake Philippine banks in retail segment: Moody’s
Banks' slow development of digital financial services may just give fintechs an edge.
15 days ago
Chart of the Week: Philippine card payments market value to grow to $43.4b in 2021
Debit cards dominate in the Philippines with 90.6 million in circulation.
21 days ago
Real-time payment ties cash as preferred payment method in SEA markets
Three in five consumers from four markets name it as their favoured way of paying.
23 days ago
What does ‘gold standard’ mean for Asia’s payments and e-commerce scene?
The market’s diverse challenges open the door for solutions that tackle country or region-specific issues.
24 days ago
South Korea mulls cashbacks for credit card spending to boost consumption
The government reportedly plans to set the ceiling of cash back rewards per person.
1 month ago
Chart of the Week: Japan’s credit card payments to grow 9.2% in 2021
Easing of restrictions, government support, and the Olympics will support growth.
1 month ago
Chart of the Week: South Korean card payments to grow 4.9% through 2024
Average frequency of use is 136.2 times in 2020, higher than in France, US, and UK.
1 month ago
India’s largest bank invests in payment services provider Cashfree
Cashfree processes $20b worth of transactions annually.
1 month ago
Maybank introduces two new designs for Family & Friends Card
New customers may choose between the original black, as well as the new lilac and silver designs.
1 month ago
Pandemic accelerates Singapore’s cashless push by four years: Visa study
About 31% of locals pick contactless cards as their most preferred payment options.
1 month ago
Chart of the Week: Hong Kong card payments value to grow 4.4% in 2021
This comes after two years of decelerating growth due to trade tensions, protests, and the pandemic.
2 months ago
Commentary
Secret Sauce for the Banking Industry