Cards & Payments
Chart of the Week: Telcos are devouring the Philippine e-payments market
Chart of the Week: Telcos are devouring the Philippine e-payments market
Banks are losing market share as a result.
Hong Kong launches Faster Payment System in Smart Banking push
Consumers will soon be able to transfer funds instantly and without cost.
Singapore rolls out world's first unified payment QR code
SGQR will adopt 27 payment schemes.
DBS adds wealth chat service to WhatsApp and WeChat
Relationship managers may soon form a bank-administered private chat group with clients.
Indonesia joins Vietnam in slamming non-compliant Chinese e-wallets
E-wallets need to first tie up with local banks before operating.
Philippine banks to roll out electronic fund transfer by end-November
The government aims to boost cashless transactions from 1% to 20% by 2020.
Indonesia moves forward with plan to standardise QR code payments
The central bank has already finished the technical-heavy stage.
How do Asian banks respond to the digital wallet boom?
Their own digital wallets were built around customers’ payment preferences.
Banks in emerging Asia wrestle for e-payments market share against telcos and online upstarts
Indonesian and Philippine banks may lose up to $3.8b and $1.3b respectively as they fail to hold on to their dominance.
Hang Seng Bank launches all-in-one payment collection service for merchants
Merchants may soon accept several payment methods through one integrated point-of-sale terminal.
Singapore banks reign supreme in heating e-payments battle
Early tech adoption will cushion the expected earnings blow from new competitors.
Alipay eyes tie-up with Japanese regional banks to boost coverage
The mobile payment platform has already partnered with Yahoo Japan.
Millennials drive Hong Kong's credit card growth as average balance hits $39,000 in Q2
They hold a fourth of the city’s total card balances.
Chinese lenders shore up on e-banking fees in Q2
Electronic banking fees of CCB and ACB surged 60% and 33% respectively.
Australian challenger bank Tyro ties up with Alipay
The move aims to tap into the Chinese visitor market.
Chinese banks shun in-house tech as they turn to Alibaba and Tencent for help
Nearly all mid-sized and commercial banks have tied up with the three tech titans.
Chart of the Week: Which country dominated Asia's cashless charge?
Mature economies like Hong Kong, Singapore, and Korea are leading the way.
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Asian Banking & Finance Fintech Awards 2025 Winner: Bhagavi Sridharan of Aditya Birla Capital Digital
Bhagavi Sridharan explains how the ABCD app offers a seamless, unified experience across diverse financial products.
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Thailand backs major conglomerates for digital banks but risks stifling innovation