Cards & Payments
Affluent cardholders lead spending, travel activity after F1 race: Visa
Affluent cardholders lead spending, travel activity after F1 race: Visa
Affluent card users have 65% more shopping spend whilst 35% of travellers visited other places post-race weekend.
Ant International invests in LATAM embedded lender R2
It includes a primary capital injection by Ant International.
Digital assets considered financial products and subject to law: Aussie regulator
Providers of such products are required to have a financial services licence.
NTT, Jaidee app unveil payment and management platform for Thai SMEs
Super EDC enables SMEs to accept payments and has data management.
Jewel Changi, Mastercard renew partnership amidst rising visitor spend
Cardholder privileges at airport offerings aim to boost spending.
Fiuu launches QR codes for cash-on-delivery payments
Users can receive packages from Pos Malaysia with cashless payments.
Banks see sharp drop in cheque use ahead of 2027 phaseout
More people are using e-payment solutions such as PayNow and FAST.
Five ASEAN countries to establish common standards for non-card instant payments
The accord is part of a 50-year roadmap to develop payments.
HSBC, Juspay unveil acquiring platform for merchants
It offers multiple payment methods through a single provider.
Siam Commercial Bank, Visa, SoftSpace launch tap-to-pay services at two Bangkok markets
Businesses can provide the service either through a smartphone or dedicated EDC machine.
Mainland tourists drive WeChat’s growth during National Day
Cross-border transactions in Weixin Pay increased by 21% year-on-year
Visa appoints Elaine Chang as group general manager in greater China
Chang previously served as president of Amazon China.
Swift developing new retail payment rules to improve cost clarity
Banks from 17 countries will work with Swift to set the retail rules.
Alipay+ enables overseas tap-to-pay service for Kakao Pay users
Kakao Pay users can now make NFC payments at Mastercard merchants worldwide.
Chart of the Week: Hong Kong card payments to hit $233.5b by 2029
Growing preference for contactless payments will lift the value up.
CBA says RBA interchange reforms risk hurting Aussie firms
The Australian bank agreed that debit and credit surcharging should be eliminated.
APAC instant payments value to reach $170.2b in 2029: GlobalData
China, Japan, South Korea, and India are leading the way.
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1. Finance leaders flag governance risks with fast growing fintech systems 2. Why AI governance is a key priority for financial institutions 3. Foreign institutions pursue market entry as Japan strengthens fintech rules 4. Payment leaders push for interoperability to solve SME cash flow 5. Paytm tests AI-powered POS device for merchant performance insightsResource Center
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Jul
02
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Asian Banking & Finance Retail Banking Awards 2025 Winner: Carlo Mariano and Ivy Uy of East West Banking Corporation
Carlo Mariano of East West Banking Corporation shares how EWBC’s regulatory solution ensures compliance while putting customers first.
Commentary
Fighting fraud in the digital banking age
Asian banking’s next frontier: Beyond growth, embracing precision
Rethinking cybersecurity: How APAC banks can safeguard against AI-powered threats
Why Singapore’s fast payments need faster protections