Cards & Payments
Fighting Back: How the Philippines is Addressing the Surge in Fraud
Fighting Back: How the Philippines is Addressing the Surge in Fraud
Institutions must adopt innovative solutions and foster global collaboration in fraud management practices.
Xtransfer ink MOU to offer cross-border financial services to African SMEs
Xtransfer will make use of Ecobank Group’s network in the continent.
Ant International names Jiang-Ming Yang as chief innovation officer
Yang led development of A+ Rewards, CoPilot, and EasySafePay for Antom.
Weixin Pay users flock to Hong Kong, Japan for Spring Festival holiday
The use of promotions or “mini programs” doubled in Japan.
Alipay overseas transactions spike 30% amidst new year festivities
Singapore registered the fastest growth of 56% YoY.
Financial fragmentation threatens bank profits and lending
Globally, it can lead to nearly 280 million fewer jobs by 2030.
Banked, NAB launch Pay by Bank payments on Amazon Australia
This allows customers to pay directly from their bank accounts.
Visa’s net revenue up 10% to $9.5b in Q1; cash dividend is $0.59 per stock
It identified consumer payments and value-added services amongst its growth levers.
Alipay+ now connects over 1.6 billion users of 35 e-wallets, banks
The platform recently welcomed Kaspi.kz and BigPay.
RHB kiosks replace debit cards on the spot
The machines have handled 70% of the Malaysian lender’s card replacements.
Alipay, Macau Pass expand partnership for Lunar New Year
Macao Government Tourism Office estimates an average of 185,000 daily visitors.
Visa, DealMed unveil cross-border card instalment Vietnamese cardholders
75% of surveyed Vietnamese consumers plan to travel for leisure in 2025.
Wise raises money transfer limits, lowers global average fee
Transfer limits to WeChat recipients is now at RMB50,000.
Cambodia, Visa launch Bakong tourist app
Tourists can use the app to pay at 4.5 million merchants in Cambodia.
StanChart unveils cross-currency transactional FX solutions suite
It offers FX payment services across 130 currencies in over 40 markets.
Primer, dtcpay team up to expand stablecoin payments in SEA
Payment options include credit and debit cards, Apple Pay, and Google Pay.
Malaysia unveils centralized dispute centre for financial matters
The central bank has also raised the monetary limit for eligible disputes to MYR250,000.
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1. CIMB names new growth markets, Singapore unit chief 2. Top companies are looking for top talent — they’re looking for CTPs 3. ANZ to lay off 3,500 staff, reduce services contractors engagement 4. Citi’s new Singapore head is first local to hold the position in 50 years 5. Alipay+ Voyager customers can book Grab rides in their e-walletsResource Center
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