Cards & Payments

Visa launches new products to boost flexibility, security in APAC

Visa launches new products to boost flexibility, security in APAC

It also partnered with QR payment providers across the region for cross-border payments.Visa has introduced several new products and services aimed at...

Digital wallets evolve to super-apps post-pandemic

Rising demand for super-apps boosts digital wallet growth in Asia

China’s mobile wallet growth driven by infrastructure, innovation

Digital giants fuel China’s high mobile wallet adoption rate.

Mastercard Pay Local links cards to APAC wallets

It allows consumers to use their Mastercard cards at over 35 million merchants.

90% of cross-border payments reach banks within an hour

But transparency remains a challenge for cross-border payment systems.  

CredAble digitises financing to boost global trade efficiency

The firm addresses fragmented working capital financing.

Citi, Fidelity demonstrate real-time settlement of MMF and digital FX

It might enable faster, seamless management of treasury positions.

Mobile Wallets are Southeast Asia’s Pathway to Financial Inclusion

As Southeast Asia’s economies are becoming increasingly interconnected, there are plenty of opportunities for global firms to make cross-border...

IATA to offer digital currencies in its financial settlement systems

It will being offering the digital renminbi in the China Billing and Settlement Plan.

Fintechs drive instant, low-cost cross-border payment solutions

Direct access to local payment schemes expected in 2025.

Immediate settlements drive e-commerce scalability worldwide

Most countries are looking at implementing real time payment clearing systems.

Correspondent banks raise costs in cross-border payments

Inefficiencies in cost, speed, and data standards hinder global payment processes.

HSBC unveils invitation-only credit card for ultra wealthy clients

It debuted in Hong Kong and will launch in Singapore and India next.

Siam Commercial Bank unveils cross-border payments using stablecoin

Stablecoins will be used for settlements of payments and remittances.