Cards & Payments
Mastercard can commence domestic bankcard clearing activity in China
This follows after authorities first approved Mastercard NUCC’s application in 2020.
Mastercard can commence domestic bankcard clearing activity in China
This follows after authorities first approved Mastercard NUCC’s application in 2020.
Mastercard, NEC to offer in-store biometric payments in APAC
This follows Mastercard’s Biometric Checkout Program, launched in Brazil in 2022.
Alipay+ now accepted at PayNet’s DuitNow QR merchants in Malaysia
Alipay+ will add more partners in the near future.
UnionBank releases four new credit cards with various benefits
Interested users can choose from retail, cost-saving, travel, and luxury types of credit cards.
Payments fintech YouTrip raises US$50m in Series B round
The firm is gearing up to expand in Indonesia, Malaysia, the Philippines, and Vietnam.
Shanghai’s Fuiou Pay, Visa team up to offer cross-border funds collection, settlements
Customers can now access more than 30 currencies at competitive FX rates.
How can financial institutions build customer loyalty in the modern era?
It’s no longer just about giving perks, but about offering experiences, industry leaders said.
Alipay+ now available for use in Sri Lanka
The app can now be used for payment in over 400,000 LankaQR merchants.
SEA digital payments slated for growth as e-commerce market doubles: study
BNPL is projected to grow by 38% over the next five years.
Philippines on track to meet digital payments goal: central bank
Nearly 4 in 10 Filipinos now have e-money accounts, says Deputy Governor Tangonan.
Golden Week drives Alipay spending by Chinese tourists
The average spending has surpassed pre-COVID-19 levels
Fintech funding in SEA freefalls 74% in Q3
Rising interest rates, macroeconomic factors, and fear of reduced startup valuation caused this downfall.
Vietnam records 103 million domestic cards, emphasises cashless scheme
The government has been promoting a cashless payment scheme in line with its national financial inclusion strategy.
Alternative payments dominate India’s e-commerce payments
Mobile and digital wallets make up 58.1% of all e-commerce payments in 2023.
JCB unveils special Hokkaido shopping offers for foreign cardmembers
JCB cardmembers with plastics issued outside Japan will enjoy special shopping offers.
HSBC SG unveils blockchain workflow solution for property developers
It enables developers to fully automate their payments and digitalise their workflows.
ANZ pays A$15m fine for excessive credit card advance fees
ANZ reportedly breached the ASIC Act and the National Consumer Credit Protection Act.
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Technology to underpin future of financial services
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Banking Technology
Banks should boost their online infrastructure as digital assets become the norm.
Banks should boost their online infrastructure as digital assets become the norm.
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