Cards & Payments

Go-Jek doubles down to dent cash reliance in Indonesia

As much as 99% of transactions are still carried out through hard, cold cash.

Go-Jek doubles down to dent cash reliance in Indonesia

As much as 99% of transactions are still carried out through hard, cold cash.

SWIFT's Michael Moon on shaking the dust off the global cross-border payment process

SWIFT gpi promises speed, traceability and transparency as it helps usher in a new era of payments.

Cash is still king in Singapore as reluctant elders shun mobile apps

Security concerns in mobile banking apps rose from 34% in 2017 to 41% in 2018.

Siam Commercial bank in talks to sell life insurance business to FWD Group

The firms were previously in talks for a possible $3b sales of SCB Life Insurance.

Hong Kong credit card balances up 5% to $17.33b in Q4

The balances of Generation Z customers skyrocketed 89%.

Bangkok Bank rolls out cross-border QR code payment in Japan

Users can avail of lower fees for foreign currency exchange than credit card or cash.

Winning in The Mobile Wallet Space

Asia is not only the largest single market in terms of consumer payment value but is also home to the largest share of the world’s unbanked population...

New payments technologies will continue to disrupt ASEAN banks

Along with my colleagues Mark Goodridge and Mulya Chandra from Morgan Stanley’s ASEAN equity research department, I have been writing about the...

Citibank Taiwan unveils credit card with higher cashback

It offers up to 3% cash back for new customers.

Korea's open banking system threatens dominance of credit card issuers

Credit card issuers may lose their tax incentive to fintechs.

RHB unveils commercial card line for SMEs and corporates

The RHB Purchasing Charge Card-i is a Shariah compliant charge card.

Citi enables credit card spend on recurring, big-ticket items

Users can use PayAll for rent and education and earn rewards.

Cash and cheques still account for 40% of Singapore payments

Hawker centres, food courts and wet markets remain heavily dependent on cash.

Cambodia and Thailand ink deal on QR code scheme

It aims to boost local currency usage of both the riel and baht.

DBS unveils loadable QR Ang Bao for Chinese New Year

They will be available from 25 January and can be used until 15 March.