Cards & Payments

Chart of the Week: How are ASEAN banks deploying real-time payment systems?

They are shunning in-house developments and vendor solutions.

Chart of the Week: How are ASEAN banks deploying real-time payment systems?

They are shunning in-house developments and vendor solutions.

ASEAN banks lead digital charge with soaring investment on real-time payments

Singapore banks lead the pack as over half pledge to increase investment by over 5%.

Smart card dominance dampens Hong Kong's mobile payments growth

Smaller e-payments players are finding it hard to gain traction against the ubiquitous card.

Mobile wallets dominate Hong Kong payments in early 2018

Even though half of consumers encountered difficulties with the mobile app.

Indian banking apps are losing to mobile wallets big time

Nearly 9 in 10 consumers have a mobile wallet to pay for utilities, transport, and movies.

Singapore banks' P2P funds transfer to extend to businesses

Citibank, DBS, HSBC, Maybank, OCBC, Standard Chartered, and UOB will soon offer PayNow Corporate.

CIMB unveils cross-border banking for Singapore and Malaysian customers

This enables fee-waived fund transfers, preferentail forex rates, and bill payments.

Mobile wallets trump cash as India's e-payments grow forty-fold

Consumers are increasingly using e-wallets for their daily transactions like food and transport.

Chart of the Week: Check out how Indian banks compete with tech giants in payments

Google is now head to head with Axis Bank in digital transactions.

HSBC launches new deals programme for cardholders

It gives customers access to dining, travel, and entertainment deals in 6 markets.

ICBC unveils new loyalty rewards programme for cardholders

This is through a partnership with Kaligo Solutions.

Chart of the Week: Which credit card makes Singaporean customers most satisfied?

The key factors are the card's rewards programme, cashback, and discounts and promotion.

Mobile payment adoption in Singapore is on the rise despite security concerns

Singapore's usage of mobile payments has grown by 53% since 2017.

HSBC unveils new one-stop mobile collections service in China

Chinese retailers can now collect payments from customers with e-wallets. HSBC became the first foreign bank in China to offer an omni-channel...

Half of the world's ATMs installed in Asia Pacific

The number of ATMs installed worldwide grew by 3% to 3.3 million in 2016.

Big banks fail to keep up with Chinese fintech giants in mobile payments

The value of third-party payments in China grew more than 74 times from 2010 to 2016.