Cards & Payments
Mizuho to acquire majority of Upsider’s shares for $309.8m
Mizuho to acquire majority of Upsider’s shares for $309.8m
Upsider provides corporate credit card and invoice payment services.
Cross-border B2B payments to reach 18.3 billion in 2030
Stablecoins unlock massive potential but need significant infrastructure to be built.
The Philippines unveil tap-to-pay fare system in metro line
Commuters can now pay train fares in MRT-3 stations with their credit or debit card.
India’s Federal Bank rolls out biometric card payments for e-commerce
Customers can authenticate online purchases with fingerprint or face ID.
Mobile POS to grow to $4.9t by 2030 on growing card use
Shift from fixed POS terminals at checkouts will also drive its growth.
Ant Int’l’s Antom upgrades AI agent
The Chargeback AI Assistant builds a tailored response based on automated case-by-case analysis.
Mastercard unveils new perks under “The Mastercard Collection.”
It includes fast-track security lanes in airports and Live Nation events’ ticket access.
Australia floats removing surcharge on card payments, lowering interchange fee cap
Lowering the cap could save businesses $1.2b in fees per year.
BofA appoints new heads for Global Payments Solutions in APAC
Lin Guo and Kitty Yen are head of GPS China and GPS Taiwan, respectively.
Hyundai Card banks on data to fuel global ambitions
Its UNIVERSE AI platform is a key export asset after its Japanese launch.
American Express opens Centurion Lounge at Tokyo’s Haneda Airport
Cardholders will have access to a specialty drinks and sweets bar.
DCS Card Centre expands into Web3 as superapps reshape payments
A stablecoin conversion card offers a bridge between crypto and cash.
DCS expands into Web3 payments with new platform
Move from card issuer to full-stack enabler marks shift toward embedded finance.
Taiwan credit card balances edge down in May
The balance of revolving credit and undue balance of installment both fell.
Aspire now part of Amazon Payment Service Provider Program
Sellers can receive Amazon payouts directly into Aspire’s local currency accounts.
Bangkok Bank enables Paybooc QR payments in Thailand
Koreans using the Paybooc app can now make QR payments in the country.
PayNet launches Alipay+ and WeChat Pay promos to lift DuitNow QR payments
It includes discounts and even an all-expense trip to Hong Kong.
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1. Asia’s banking elite celebrated at Asian Banking & Finance Awards 2026 2. Digital banks bet on AI to unlock outsized ROI 3. Human oversight remains central as insurers adopt agentic AI: valantic 4. Travel trends reshape banks' payment strategies: Euromonitor 5. Citi expands AI rollout to IndonesiaResource Center
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Event News
Banks can respond by moving toward a hybrid advisory model.
Commentary
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Asia is leading payments modernisation and banks can't afford to fall behind
Investing in an inefficient market
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Asia’s electronic markets reach an inflection point of transformation