Cards & Payments
India's mid-sized banks hop on personal lending bandwagon
India's mid-sized banks hop on personal lending bandwagon
Personal loan balances are expected to grow at a CAGR of 16% for 2018-2022.
UOB forges digital payments service alliance with Grab
Customers can pay and top up their GrabPay wallets directly from their UOB bank accounts.
DBS ties up with ride-hailing firm Go-Jek for regional payment services
The collaboration will extend to other SEA countries.
Singaporeans are less satisfied with their credit cards in 2018
Rewards programmes have room for improvement.
Banks are putting up a fight against China's tech titans
Although the amount of nonbank third-party payment skyrocketed 480% from 2014-2017, mobile payments by banks rose by 798% over the same period.
DBS Taiwan unveils credit card for everyday purchases
Cardholders earn one reward point for every NT$5 spend and points have lifetime validity.
Malaysia moves to enable money transfer via mobile number
Users can transfer money through DuitNow by December.
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.
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