Cards & Payments
China’s card payments market to hit $34t by 2025
The market is expected to register a strong growth of 17% in 2022.
China’s card payments market to hit $34t by 2025
The market is expected to register a strong growth of 17% in 2022.
Chart of the Week: Singapore card payments value to grow 8% in 2022
Contactless cards are a key driver of growth.
Singaporeans want more biometric payment cards —survey
Latest industry survey reveals 88% of Singaporeans prefer biometric cards.
3 in 5 in SEA wants OTP through SMS for every e-payment transaction
Others want two-factor authentication or biometrics as security options.
DBS acquires Citi’s Taiwan consumer banking business
DBS will pay Citi in cash for the net assets plus a premium of S$956m.
Maybank SG new banking app enables online SME current account opening
The new Maybank2u SG (Lite) app offers e-angbao gifting and other money management features.
Indonesia launches real-time payments infrastructure BI-FAST
Twenty banks are already live and have access to 24/7 real-time credit transfers.
Chart of the Week: Vietnam’s card payments market to grow 24.1% in 2022
Strong anti-COVID measures allowed the market to reduce the pandemic’s impact.
Payments platform Yeahka is China’s top non-bank QR payment service
Transaction size reached $156.24b in 2021.
Chart of the Week: Indonesia’s card payments market to grow 10.7% in 2022
Growth will be driven by the rise of debit card use.
Grab Singapore includes more banks in linked account feature
Users can now link accounts from Bank of China, DBS, Maybank, OCBC, StanChart, and UOB.
Will Request To Pay displace card payments in the future?
The potential is there, but tech roadblocks prevent wider adoption in the industry.
Contactless payments snare Singapore’s boomers
Loyalty programs are also rated as important by consumers in the city.
Fintech platform Airwallex officially launches in Singapore
Customers of the fintech platform will receive funds locally in SGD.
Mastercard appoints Safdar Khan as division president for SEA
He is responsible for implementing the multi-rail digital payments agenda in 10 SEA markets.
AUB launches Mastercard QR card payment solutions in the Philippines
AUB PayMate merchants can now accept Mastercard payments through QR codes.
UnionBank to buy Citi’s Philippine consumer banking franchise for $908m
Around 1,750 Citi employees are expected to transfer to UnionBank.
Thought Leadership Centre
In Association with
In Association with
Resource Center
Read Here
Advertise
Sign Up
Event News
Event News
Technology to underpin future of financial services
![Technology to underpin future of financial services]()
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.
Videos
Partner Sites
Thought Leadership Centre
In Association with
In Association with