Cards & Payments
Kasikornbank targets 24/7 USD settlement with Ant International
Kasikornbank targets 24/7 USD settlement with Ant International
They will use Kinexys by J.P. Morgan’s blockchain deposit accounts.
1 day ago
Digital wallets seize 65% of APAC payments
QR codes and low cost smartphones pushed wallet adoption across the region in 2025.
5 days ago
BNPL market to hit $1.6t by 2034 on e-commerce and smartphone surge
The interest-free BNPL segment is expected to hit a CAGR of 23% through 2034.
Hyundai Card debuts Apple Pay debit card
It enables users to pay by tapping their iPhone or Apple Watch.
APAC transfer take rate sinks to 2.4% despite $0.62t flows
Africa posts highest regional charge at 5.5%, followed by Latin America and the Caribbean.
National Australia Bank buys A2A payment company Banked
NAB will fully integrate Banked in the coming months.
Taiwan card payments market set to hit $177.7b in 2026
The metro is set to accept contactless payments beginning July.
IoT payments to grow 24% in APAC fintech
Southeast Asian markets made up around 25% of regional fintech activity.
Only 2 in 5 small businesses use instant payments for refunds
Global Payments says gig pay usage reaches 63% amongst APAC businesses.
How Thailand card payments market will hit $99b in 2030
GlobalData projects the market to reach about $68.1b in 2026.
Hong Kong cards push cash aside in $175b market
Card payment value grew at a 7.6% CAGR from 2021 to 2025.
APAC payments forecast hits $24t by 2033
The region is projected to capture 36% of worldwide outbound flows.
Ant International launches protocol for agentic mobile payments
It cuts agent-wallet linking steps by 50% of traditional card binding methods.
ANZ takes full control of ANZ Worldline venture for $63.7m
ANZ Worldline is a joint venture with Worldline Australia, established in 2022.
MUFG integrates cash management services in Unity platform
The new platform links ASEAN partner banks for unified payments and reporting across markets.
Alipay’s new payment system lets AI agents transact with businesses and OPCs
New tool enables agent-based transactions, following Alipay AI Pay rollout in 2025.
Green SM Laos onboards Umoney e-wallet to payments
The two will develop digital and financial payment solutions for Green SM drivers.
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1. MAS backs Singapore's finance edge as global risks deepen 2. More than half of Filipinos have financial accounts but few hold bank accounts 3. Digital wallets seize 65% of APAC payments 4. CommBank tests AI banking assistant in app pilot 5. Singapore to slash private bank account opening to under a monthResource Center
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Monitor Deloitte's Prashant Krishnan urged banks to transform their relationship models to meet these demands.
Commentary
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Asia’s 20% advantage: The simplification strategy rewriting banking from Singapore to Shanghai