Cards & Payments
HSBC Hong Kong launches fund transfer service with Lu International partnership
HSBC Hong Kong launches fund transfer service with Lu International partnership
It cuts transfer time from 1-3 days to within the same day.
Chart of the Week: APAC eats up global payments pie but lags in electronification
The region's e-payment transactions are up to 65% lower than Europe's.
Sibos 2018: APAC fuels global payments boom with $900b in 2017 revenue
Strong balance growth in China is cementing the region's dominance.
Singapore banks receive boost from regulator's hardline stance against e-wallet lending
Entities would need a banking license first before using deposits to extend loans.
Taiwan Cooperative Bank rolls out QR code payment in Visa tie-up
It claims to be the country’s first standardised and EMV compliant QR code payment.
Thailand pushes for regional cross-border fund transfer via QR code
It tying up with Cambodia, Laos, Myanmar and Vietnam.
Hong Kong's Faster Payment System goes live
Customers can now make and receive real-time payments.
Chart of the Week: Thai banks put up fight against telcos in e-wallet war
Lenders will snap up half of the market in the next four years.
RHB Singapore unveils prepaid multi-currency Visa Card
Consumers can exchange 11 currencies on the app.
E-payment transactions in South Korea hit 10-year high in Q2
Transactions surged 17.4% to $104.87m.
Hong Kong credit card transactions hit $137.3b in Q2
The number of credit cards in circulation hit 20.06 million.
Malaysian banks onboard SWIFT payments platform
Maybank and Hong Leong Bank are amongst the joining lenders.
Credit card is still king in Japan as payment apps remain lacking
Payments via ‘konbini’ and debit card fail to catch up.
Unified QR code boosts Singapore banks' cashless agendas
Lenders are poised to enjoy wider market reach and public acceptance.
OCBC Malaysia to allow payment card personalisation via mobile app
It has tapped on fintech firm Ondot.
Maybank Singapore unveils PayNow-ready invoices
It features a unique PayNow QR code that can be easily tracked by the bank.
Chart of the Week: Telcos are devouring the Philippine e-payments market
Banks are losing market share as a result.
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