Cards & Payments

RHB unveils multi-currency VISA debit card

It supports 13 currencies including US, Canada, Singapore and Hong Kong dollar.

Indonesian banks launch mobile wallet in last-ditch effort to compete with Go-Jek

LinkAja can be used for mobile prepaid top-ups, POS payments, utility and transport payments.

Why you shouldn't miss ABF Digital Payments Summit 2019

The region’s payment power players will grace the prestigious event.

DBS' PayNow to be integrated in SIA's KrisPay

The firms will also introduce a DBS-SIA point conversion programme via the KrisPay app.

RHB rolls out digital token for SMEs and corporates

Users can now maintain one device to manage multiple accounts.

Go-Jek doubles down to dent cash reliance in Indonesia

As much as 99% of transactions are still carried out through hard, cold cash.

SWIFT's Michael Moon on shaking the dust off the global cross-border payment process

SWIFT gpi promises speed, traceability and transparency as it helps usher in a new era of payments.

Cash is still king in Singapore as reluctant elders shun mobile apps

Security concerns in mobile banking apps rose from 34% in 2017 to 41% in 2018.

Siam Commercial bank in talks to sell life insurance business to FWD Group

The firms were previously in talks for a possible $3b sales of SCB Life Insurance.

Hong Kong credit card balances up 5% to $17.33b in Q4

The balances of Generation Z customers skyrocketed 89%.

Bangkok Bank rolls out cross-border QR code payment in Japan

Users can avail of lower fees for foreign currency exchange than credit card or cash.

Winning in The Mobile Wallet Space

Asia is not only the largest single market in terms of consumer payment value but is also home to the largest share of the world’s unbanked population...

New payments technologies will continue to disrupt ASEAN banks

Along with my colleagues Mark Goodridge and Mulya Chandra from Morgan Stanley’s ASEAN equity research department, I have been writing about the...

Citibank Taiwan unveils credit card with higher cashback

It offers up to 3% cash back for new customers.

Korea's open banking system threatens dominance of credit card issuers

Credit card issuers may lose their tax incentive to fintechs.