Cards & Payments

PH banks missing out on revenue from growing middle class market

Over 7 in 10 loans made by banks are extended to corporates– leaving 15 million SMEs and self-employed workers with little access to traditional...

Alipay Q1 transactions by Chinese tourists in SG nearly doubles

Total user transactions in March averaged 45% of the tally in 2019.

Techcombank launches AI-powered money management services

It will provide insights on payment behaviors and analyze transactions.

Vietnam’s Techcombank sees net profits slide 17.1% in Q1

Net interest income fell, but net fee income rose.

Mastercard to remove first-use PVC plastics from payment cards by 2028

It will instead use recycled or bio-sourced plastics, the payments company said.

Alipay+ accessible in 11,000 SG Hawker Centre stalls

Users of the platform and partner e-wallets can pay through the SGQR.

Smiles Mobile Remittance adds bills payment for Filipinos in SG

This enables Filipinos based in Singapore to pay their bills via mobile phone.

CIMB Bank and OxPay join forces for digital payment solutions

The partnership will serve as a starting point for additional talks that may involve signing separate agreements.

Hong Kong new-to-credit market tread path to recovery

The city reported 127,000 NTC customers in 2021.

Filipinos spent over 4 million hours using e-wallets in 2022: study

The country’s growing population will push the active user base higher.

Vietnam conducts training on central bank digital currency

The course aims to upskill SBV and relevant agencies in Vietnam.

Hong Kong-based Statrys launches SMEs cross-border payments system

The local payments solution will allow SMEs to make transactions in multiple currencies.

Reserve Bank of India grants Paytm regulator extension for PA license

The fintech company is still awaiting approval from the Government of India (GoI).

Shinhan Bank and E9Pay team up for overseas payment platform

The payment system will cater toward foreigners residing in South Korea.