Cards & Payments
RHB Islamic Bank Berhad unveils corporate debit card to slash cash and cheque use
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.
OCBC debuts quick credit card approval and Apple Pay integration
Customers can make purchases at Apple Pay merchants within minutes of credit application.
Citi links rewards points redemption service with Samsung Pay
It will be available for customers in Southeast Asia and Oceania by 2019.
APAC banks plan to use automated collections systems by 2019
Seven in 10 banks intend to utilise AI to streamline bill payments.
Bank of China and ICBC to offer PayNow
There are now nine banks using the service.
DBS integrates PayNow into API system to reduce cheque usage
They aim to reduce corporate cheque payments by 30% in 2020.
Citi launches rewards card with first API partnership
Cardholders can offset purchases using their accumulated points.
Chart of the Week: How are ASEAN banks deploying real-time payment systems?
They are shunning in-house developments and vendor solutions.
ASEAN banks lead digital charge with soaring investment on real-time payments
Singapore banks lead the pack as over half pledge to increase investment by over 5%.
Smart card dominance dampens Hong Kong's mobile payments growth
Smaller e-payments players are finding it hard to gain traction against the ubiquitous card.
Singapore banks link with fintech startup to turn stores into cashpoints
soCash aims to reduce consumer dependence on ATMs.
Mobile wallets dominate Hong Kong payments in early 2018
Even though half of consumers encountered difficulties with the mobile app.
Indian banking apps are losing to mobile wallets big time
Nearly 9 in 10 consumers have a mobile wallet to pay for utilities, transport, and movies.
Singapore banks' P2P funds transfer to extend to businesses
Citibank, DBS, HSBC, Maybank, OCBC, Standard Chartered, and UOB will soon offer PayNow Corporate.
CIMB unveils cross-border banking for Singapore and Malaysian customers
This enables fee-waived fund transfers, preferentail forex rates, and bill payments.
Mobile wallets trump cash as India's e-payments grow forty-fold
Consumers are increasingly using e-wallets for their daily transactions like food and transport.
Chart of the Week: Check out how Indian banks compete with tech giants in payments
Google is now head to head with Axis Bank in digital transactions.
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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