Cards & Payments
RuPay ends Mastercard and Visa duopoly in India
The number of debit cards issued hit 605.3 million.
Philippines pushes for national QR code standard
The National Quick Response (QR) Code Standard aims to boost financial inclusion.
Australian contactless cards to hit nearly 70 billion by 2023 as cash loses luster
The number grew at a CAGR of 12.7% from 2015-19.
Monthly transactions in PayNow cross $1b mark
Over 3 million in combined mobile and NRIC numbers are registered to the service.
Card payments in Vietnam to hit over 522 million in 2023
The number of card payments have already rose more than fivefold in 2015-2019.
Cards to reign supreme in South Korea as cash loses appeal
By 2020, cards will emerge as the dominant payment instrument.
Learn how virtual banks can ease onboarding processes for SMEs
Hear from CH&Co's Guillaume Rico at ABF DOB Conference on how banks can stay ahead.
Asian banks race against time to shake up payments scene
The rise of virtual banks is intensifying competition in an already crowded arena.
DBS plans foray into India's credit card space: report
The bank aims to launch credit card services by Q3 2020.
Digital financial services in Japan: What digital consumers want
Digital innovation initiatives are gathering speed at financial institutions around the world. This was made further evident by the Celent Model Bank...
Credit card spend in Taiwan hits $10.42b in June
The tax season drove monthly gains.
OCBC enables cash withdrawals via QR code
Cash withdrawal at ATMs can be completed in under 45 seconds.
Citi Hong Kong launches payment settlement feature Citi PayAll
Credit cardholders can settle one-off or recurring payments on the app whilst earning points.
Japan Kicks Off Reiwa Era's Payment Infrastructure, Part 2: BOJ-NET
The first section of this two-part commentary was published here.
Weekly Global News Wrap Up: Credit Suisse to sell B2B investment fund platform; Citi kills some card perks
And German banks could face $695m over dividend tax concerns.
CIMB Niaga and Liquid Group to launch cross-border QR payments between Singapore and Indonesia
Indonesian travellers will soon be able to use local payment apps at Changi airport.
JPMorgan launches innovative cross-border payments solution
It will utilise a linked customs declarations number.
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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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