PayNow, DuitNow linkage
Alipay+ make up 80% of crossborder QR payments in DuitNow
Alipay+ make up 80% of crossborder QR payments in DuitNow
Revenue from such payments are 6 times higher in 2024 than 2023.
Singapore, Malaysia to link real-time payment systems PayNow, DuitNow
Remittances between the two countries reached S$1.3b in 2020.
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1. OCBC starts AI stock adviser using data on 4,000 stocks 2. Aussie banks launch digital locks versus online fraud 3. UOB reports flat net profit growth in Q1 despite record fee income 4. J.P. Morgan unveils automated cross-currency payment collection and settling service 5. Bangkok Bank connects with China’s fund transfer networkResource Center
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Lending & Credit
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The Asian connection: China's path to sustainable growth