Cards & Payments
Indian banks told to bring down number of inoperative, frozen accounts
Indian banks told to bring down number of inoperative, frozen accounts
Many of these result from banks’ backlog in their period verification of bank accounts.
Siam Commercial Bank inks MOU with Thailand Privilege Card
It will provide financing and investment services to card members.
GCash eyes 2025 IPO, looking to raise up to $1.5b
If successful, this is slated to be the biggest IPO in the Philippines.
GHL’s Malaysia terminals can now accept cross-border payments via DuitNow QR
Over 480,000 merchant touchpoints are covered by the expansion.
Vietnam’s debit card payments to reach $65.6b in 2028
Debit card use is dominant, but still limited to cash withdrawals.
Citi unveils real-time 24/7 liquidity mgmt solution in Thailand
With 7-Day Sweeps, cash concentration capabilities are extended to non-business days.
Patents for 3D secure transactions nearly double in 2023
Payment entities are looking to strengthen their security to combat online threats.
Visa inks MOU with Thames International, PH city for MSME digital payments push
Baguio City has 19,874 micro enterprises.
How virtual cards can benefit wholesale and retail trade, healthcare
These cards can help businesses better manage their margins.
India’s ecommerce payments to hit $147.3b in 2024
E-commerce market value will reach $292.3b by 2028, says GlobalData.
AusPayNet welcomes Aussie gov’t retirement of cheques by 2029
Cheques will cease being accepted by financial institutions by 2029
Taiwan's effective credit cards reach 58.6 million in September
The balance of revolving credit was $20.25m.
FSA targets stablecoin regulation to bolster digital assets
Japan advances stablecoin regulation and AML efforts to support digital payments.
Stablecoin regulation likely to improve after US elections
Stablecoin adoption grows with enhanced tech and regulations.
Tokenisation enhances security by limiting credit card use
Cloud-based payments optimise resources during peak demand.
SGQR+ simplifies payments with unified contract for merchants
It streamlines payment processes and improves reconciliation.
Australia targets scams lifecycle with new prevention framework
The framework imposes obligations across digital platforms, banks, and telecoms.
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ABF Corporate & Investment Banking Awards 2024 Winner: Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank)
VietinBank won Project Infrastructure Finance Deal of the Year - Vietnam at the ABF Corporate & Investment Banking Awards 2024.
