Cards & Payments
Mizuho and Fujitsu automate 70% of SME order processing tasks
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.
Taiwan card sales fell to $12.55b in November
Revolving credit also came in much lower than the previous month.
Krungthai Card faces slower 2026 loan growth outlook: analyst
Management reported that credit card spending growth just 0.1% for the 11M period.
Visa urges banks to bridge data gap as payment choice surges
One bank doubled its cards in force and grew payment volumes by over 20%.
Software vendors threaten to replace banks in SME payments
By partnering early, banks remain the backbone of SME financial flows, McKinsey said.
Apple Pay opens China Visa cards as NFC hits 79%
The rollout starts with ICBC BOC ABC BoCom CMB CITIC Ping An and Industrial Bank.
Indonesia’s Jalin targets payment fraud with BPC tie up
Jalin will expand its utilisation of BPC tech for real-time fraud monitoring.
Ant Int'l processed 2 billion payments in key emerging markets in 2025
Its Alipay+ platform now connects over 1.8 billion users across 100 markets, it said.
Weekly Global News Wrap: Trump floats 10% card rate cap; Citi to cut 1,000 jobs
And Credit Agricole wins ECB approval to lift Banco BPM stake above 20%.
Australia’s big four banks loan deferrals, waive fees for bushfire victims
NAB is providing A$1,000 grants and additional financial relief, for example.
Ant International and Google to soon enable AI checkout in chat
The UCP establishes a common language for agents and systems to operate together.
Krungthai Card prioritises bottom line as loan expansion slows
The CEO has guided that the outlook for 2026 is gloomy, reports UOBKH.
Singapore keeps retail out of crypto for now
The central bank is unlikely to change its stance in the next two to three years.
Philippine credit card startup Zed raises $16.5m in new funding
The company uses AI to underwrite customers.
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