Cards & Payments
Southeast Asia’s BNPL market to reach $53.2b by 2027
Southeast Asia’s BNPL market to reach $53.2b by 2027
Malaysia, the Philippines, and Indonesia are the most promising markets.\
Digital wallet transactions scale easily via cloud environments
Digital wallets are driving demand for scalable payment solutions.
BOCHK warns against phishing websites
The websites have bill settlement pages with links that intend to steal customers' data.
New Zealand's credit and charge card payments market to reach $39.6b by 2028
This is thanks to the consumer shift towards electronic payments.
Mizuho Bank, Rakuten launch co-branded card
Customers can earn up to 3% Rakuten Points when shopping.
Maybank rolls out green financial advisory service to SEA SMEs
Small and medium enterprises will receive funding to aid in their sustainability reporting.
Mizuho, Rakuten form alliance; will launch new cards, installment payments
The six companies aim to create new retail business models for the payments industry.
Alternative payments outpace traditional banking among Filipinos
Demand rises for alternative payments, digital wallets, and non-traditional lenders.
APAC retailers demand seamless, secure payment solutions
As APAC e-commerce grows, retailers seek frictionless and secure payment systems.
GCash expands reach with Mitsubishi and MUFG partnerships
Mitsubishi and MUFG boost GCash’s services and regional presence.
Philippines’ population size fuels digital banking interest
Digital banks are driving financial inclusion in the Philippines.
Fragmented payments system holds back Southeast Asian SMEs
KPay’s unified platform addresses SMEs’ time-intensive payment challenges.
Vietnam digital bank Cake debuts cloud connect CMS with Visa
It is the first bank to implement Visa Cloud Connect on Google Cloud Infrastructure.
PayPay and Alipay+ expands partnership to extend e-wallet payment options across Japan
Alipay+ will connect to over 3 million local merchants in the global payment ecosystem.
OCBC launches near-instant P2P transfers to WeChat Pay and Alipay
It also aims to expand the service in Indonesia and the Philippines by 2026.
MAS’ Chia Der Jiun touts potential of asset tokenisation, quantum
Security is already a concern when considering the potential of quantum.
Cross-border payments grow with tech and regulatory support
E-commerce, real-time networks, and digital standards drive payment volume expansion
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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.
