Cards & Payments
Visa launches tap-to-ride solution in Ho Chi Minh Metro Line 1
Visa launches tap-to-ride solution in Ho Chi Minh Metro Line 1
It can support payments via cards, mobile devices, and wearables.
BNPL platform ChopNow announces four new partners
Products available in the platform can be paid in installments.
Australia says industry not ready to decommission BECS
The industry does not have a shared vision or transition plan yet.
More Gen Z Hong Kongers taking up revolving line accounts
New accounts granted to them more than doubled.
Thai finance operators tone down loan growth targets amidst asset quality concerns
They foresee a weaker-than-expected economic outlook in 2025
JCB now available in Google Play of Hong Kong and 4 SEA markets
JCB said it will continue to provide its cardmembers expanded accessibility.
Airwallex to acquire Viet IPS provider CTIN Pay
Airwallex plans to aid merchants in their overseas expansion.
RCBC transforms mobile phones to payment terminals for MSMEs
Merchants will be able to accept Mastercard and Visa card payments.
Indonesia, Thailand, Malaysia harmonise local currency transaction framework
Portfolio investments are now part of the eligible cross-border transactions.
BSP welcomes the Philippines' removal from AML/CFT grey list
The central bank said that it has strengthened its AML/CFT regime.
ABS warns of rise in card phishing scams
Banks will roll out additional verification, the ABS said.
Fintech Aspire, Visa launch corporate card for Hong Kong’s SMBs
Globally, 4 in 5 small and medium businesses are looking to sell overseas.
Airwallex hits $130b in transactions, up 30% since August
The company saw a 78% YoY surge in profit since Q1 2024.
Biometrics vs deepfakes: How we’ll pay in 2025
Biometrics, passkeys, and improved data flow will shape the global payment sector.
RBI proposes extra authentication for first-time online card use
Card issuers are mandated to validate the additional factor authentication.
Standard Chartered unveils cross-currency transaction FX solution
It offers competitive FX pricing and an automated FX payment service.
QR payments value to exceed $8t in 2029
Standardisation of national QR schemes and Apple’s NFC are key factors that will influence this space.
Commentary
Electronic trading proves its strength in times of volatility
Navigating liquidity challenges for VCs in Asia Pacific
Show, don’t tell: Asian banks need to prove simplification works – here’s how