Cards & Payments
Chart of the Week: Growth of local e-commerce drives rise of e-payments in Australia
Buy now, pay later solutions are popular amongst Millennials.
Chart of the Week: Growth of local e-commerce drives rise of e-payments in Australia
Buy now, pay later solutions are popular amongst Millennials.
PayPal is first foreign operator to fully own Chinese payments business: report
It bought the remaining 30% stake of GoPay last December.
Singapore tightens regulation of virtual payment entities to combat risks
DPT activities carry higher inherent money laundering and terrorism financing risks.
Chart of the Week: India's payments via UPI to reach $1.7t in 2025
The entrance of WeChat Pay is expected to intensify competition in the payments space.
Chart of the Week: Pandemic drives e-commerce adoption in Malaysia
International e-wallets such as Google Pay and Masterpass are gaining steam.
Alternative payments reign supreme in Indian e-commerce market
Share in transactions hit 54% this year.
Citibank granted domestic fund custody licence in China
The bank can now provide custody services to Chinese mutual and private funds.
Mastercard establishes local office in Myanmar
It also plans to appoint a country business development manager.
Singapore fintech LytePay, Rapyd launch e-wallet for ERA Realty agents
Real estate salespersons will now be able to instantly use their commissions.
Vietnam's Mcredit, JCB launch credit card
Card members can enjoy a zero-interest installment at thousands of merchants in Vietnam.
Chart of the Week: Japan card payments to grow 2.1% in 2020
Pandemic-related fears is crippling away at cash payment’s dominance.
Chart of the Week: Pandemic spurs card payments growth in Singapore
Backing from banks and merchants has made contactless payments mainstream.
Cambodia-based fintech Clik secures $3.7m seed round funding
The payments startup said that it is on track for a nation-wide launch by end-2020.
Deutsche Bank partners with fintech Airwallex for cross-border payments service
Merchants using Airwallex do not need to open bank accounts to collect payments.
Consumer spending to spur growth in Taiwan card payments
The value is expected to reach $200.2b by 2024 at a CAGR of 7.6%.
Chart of the Week: Lockdown easing drives card payments recovery in India
Fear of COVID-19 spread is driving consumers towards digital payment tools.
Hong Kong neobank WeLab Bank, Mastercard to launch numberless bank card
It will be available for use immediately after opening an account with the lender.
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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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