Cards & Payments
Vietnam tops global mobile payments growth in 2019: study
Vietnam tops global mobile payments growth in 2019: study
Its 24 ppt growth rate toppled its Southeast Asian neighbours.
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.
RHB Indochina offers cashless payment service in Cambodia
It has tied up with mobile payment app Pi Pay.
Korea's open banking system threatens dominance of credit card issuers
Credit card issuers may lose their tax incentive to fintechs.
Commentary
Thailand backs major conglomerates for digital banks but risks stifling innovation