Cards & Payments
South Korea’s payment card market projected to reach $1t in 2025
South Korea’s payment card market projected to reach $1t in 2025
This is driven by a growing preference for digital payments.
Ant, RayNeo to bring AR glasses payments cross-border with Alipay+
They plan to enable the use of AR glasses for in-store payments.
Digital apps now most preferred remittance channel
Banks, fintechs, remitters told to take note as it will shape customer expectations.
PayPay submits draft registration statement to publicly list in the US
The mobile payment service app makes use of QR codes and bar codes.
How is tokenisation reshaping cash management solutions?
HSBC and Citi allow 24/7 money transfers using the tech.
Airwallex crosses $200b in annualized transaction volume
It is gearing up to roll-out its point-of-sales (POS) terminals.
Philippine central bank orders banks, e-wallets to remove in-app gambling access
The suspension will remain in place until a policy is finalised.
Taiwanese cards’ revolving credit rise to $3.84b in June
The average ratio of delinquency is 0.29%.
Alipay+ links with Kaspi.kz for cross-border payments in Kazakhstan
12 Alipay+ e-wallets can now scan-to-pay via Kaspi QR.
Late payments, bad debts drag on Asia’s B2B trade flows: survey
An average of 44% of B2B credit sales are affected by late payments, it found.
iSignthis fined $10m for breaching Australian disclosure laws
Former MD and CEO Nickolas Krantzis penalized $1m for breaching his director duties, amongst other reasons.
Ant Int’l’s WorldFirst gains Malaysia licence to expand international payments
WorldFirst will expand its product offerings and roll out new services, it said.
India’s RuPay enters partnership to offer better ticketing experience in BookMyShow
Cardholders will enjoy special access to some shows, including early pre-sale access.
How stablecoins may challenge the traditional payments’ status quo
Stabelcoin transaction volume has exceeded $27t per year, according to official data.
Fintech gains edge in APAC card payment battle
Rising card volumes spotlight diverging strategies between banks, fintechs, and platform giants.
Banking Circle S.A. acquires Australian Settlements Limited
Banking Circle offers instant payment technology to payment companies and banks.
RCBC, Visa launch real time payments and money transfer platform in the Philippines
Visa Direct reaches 8.5 billion endpoints in over 190 countries and territories.
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Asian Banking & Finance Retail Banking Awards 2025 Winner: Kwong Wah Eric Fan of Shanghai Commercial Bank
Kwong Wah Eric Fan of Shanghai Commercial Bank highlights how the company drives fintech growth through digital transformation.
