Cards & Payments

CIMB Bank and OxPay join forces for digital payment solutions

The partnership will serve as a starting point for additional talks that may involve signing separate agreements.

Hong Kong new-to-credit market tread path to recovery

The city reported 127,000 NTC customers in 2021.

Filipinos spent over 4 million hours using e-wallets in 2022: study

The country’s growing population will push the active user base higher.

Vietnam conducts training on central bank digital currency

The course aims to upskill SBV and relevant agencies in Vietnam.

Hong Kong-based Statrys launches SMEs cross-border payments system

The local payments solution will allow SMEs to make transactions in multiple currencies.

Reserve Bank of India grants Paytm regulator extension for PA license

The fintech company is still awaiting approval from the Government of India (GoI).

Shinhan Bank and E9Pay team up for overseas payment platform

The payment system will cater toward foreigners residing in South Korea.

UNO Digital Bank offers account opening services to GCash users

GCash users can open a savings or time deposit account with no minimum balance needed.

Value of CBDC payments to reach $213b annually by 2030: study

Adoption will be driven by governments boosting financial inclusion.

UOB’s Jacquelyn Tan on triumphing over expectations, biases to succeed in the banking industry

Tan shares how she leads 7,000 people across the region and her thoughts on women in banking.

India’s card payments market to grow 23.6% to $361.6b in 2023: analyst

Rising consumer spending will rally the market to extend 2022’s growth.

Weekly Global News Wrap: JPMorgan expects 20% revenue drop in Q1; CBA reports record profits

And Apple may look into into customers’ spending history, device ownership for BNPL services

JCB has issued 1 million cards in India

RuPay JCB cardholders are eligible for a 40% cashback on select international transactions.

Standard Chartered, Allinpay enable Singapore dollar QR payments in Hong Kong

Singapore dollar can now be used to pay in over 30,000 acceptance points in Hong Kong.