Cards & Payments
Ten Chinese banks onboard SWIFT gpi for faster cross-border payments
Ten Chinese banks onboard SWIFT gpi for faster cross-border payments
Three of the country’s Big 4 lenders are already live on the payments initiative.
Chinese banks thrive on mobile payments as millennials drive cashless push
Lenders handled a whopping $11.1t in mobile payments in the first quarter alone.
Chart of the Week: Singapore banks bear the burden of growing credit card debt
Bad credit card debt that was "written-off" jumped 16% to $20.74m in March.
HSBC integrates personal information vault into credit card application process
Applicants won’t need to provide supporting documents anymore.
MUFG to roll out blockchain-powered payments platform
The platform can process a million transactions per second.
Alternative payment providers position for growth in Indonesia
When it comes to growth opportunities for digital payments, Indonesia is in a league of its own. The prospect of tens of millions of new digital...
China's payment giants try to conquer Asia's banking scene
Alipay's aggresive Southeast Asian foray is making banks nervous.
Maybank joins GrabPay mobile wallet platform
Users will be able to use their e-wallets at Maybank’s key merchants.
Bank of China Singapore ties up with online retailer to launch co-brand credit card
The partnership means that cardholders can enjoy up to 20% rebate on Qoo10 spend.
New Zealand's ASB enables contactless purchases via smartwatch
A partnership with wearable firm Garmin is set to provide on-the-go customers with the digital option.
Citi links credit card to Apple Pay's system
The service was launched in Singapore, Australia and Hong Kong and will be rolled out to Taiwan later this year.
CIMB waives fees on online and mobile fund transfers
The move is in line with the central bank’s cashless push.
Philippine banks go digital with launch of electronic fund transfer service
InstaPay enables transactions of up to PHP50,000 per day.
APAC banks to launch cross-border real-time payments via SWIFT gpi
DBS, ANZ, Kasikornbank, and ICBC are amongst the participants.
PIN numbers may soon be a thing of the past for Japanese banks
JCB Co. is testing its contactless payment solution using fingerprint authentication.
Asia beats Europe in developing new payments technologies
The region has attracted more fintech investments than North America and Europe.
RHB Islamic Bank Berhad unveils corporate debit card to slash cash and cheque use
It acts as an alternative for businesses to pay local government agencies.
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Young consumers are changing financial norms and expectations.
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Young Malaysians, big money mistakes: What’s going wrong with Islamic financial behaviour?