Cards & Payments
YUP raises US$30m in Series B funding round
YUP raises US$30m in Series B funding round
It will be used for SEA market expansion and the acquisition of an Indonesian banking licence.
Mobile payments by tourists in China rise sixfold
The number of international tourists using mobile payment services quadrupled.
Thailand’s card payments value to reach $94.5b in 2028
The growth rate will ramp up from the 6.2% rise in 2023.
UnaFinancial reaches $2b in loan disbursements
At least 65% of its 17.7 million customers get another loan from them.
PT Bank Permata launches travel, dining card for affluent clients
Priority customers can avail 20,000 airline miles, subject to conditions.
UNOBank pushes embedded finance in Philippines
The platform seeks to boost its digital banking business and expand financial services.
Siam Commercial Bank unveils tap-to-pay service
It is available via the Mae Manee app.
Trust Bank unveils cashback card with 15% bonus rate
Until 31 December, new customers get an unlimited cashback of 1.5%.
Mastercard pilots biometric payment authentication in India
Shoppers can use their fingerprint, face scan, or pin to confirm payment.
SoKor credit card firms report 5.8% higher net income in H1
Loan-related and installment fees rose, as well as total expenses.
Visa enables use of cards to pay in Cebu, Mandaue modern jeepneys
Commuters visiting the two Philippine cities can pay with their Visa cards in 140 modern jeepneys.
MUFG invests $338.5m in India’s DMI Finance
DMI Finance has provided loans to 15.2 million customers in India as of March 2024.
Krungthai Card to miss loan growth target for 2024
It should be able to maintain its NPL ratio below 2% for the whole year.
Demand for cross-border payments rises as int’l payments scale
The share of people using int’l real-time payments is rising.
Airwallex now processing $100b annually
This was anchored by its Americas expansion and APAC revenue growth.
Japan’s card payments market value to grow 10.8% in 2024
Credit and charge cards made up 96.5% of all card payment transactions.
PH central bank issues framework for digital payment system operators
Payment system operators are required to obtain a license from the BSP.
Thought Leadership Centre
In Association with
In Association with
Resource Center
Read Here
Advertise
Sign Up
Awards
Jul
04
Jul
03
Jul
03
Events
Event News
ABF Corporate & Investment Banking Awards 2024 Winner: Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank)
VietinBank won Project Infrastructure Finance Deal of the Year - Vietnam at the ABF Corporate & Investment Banking Awards 2024.
