Cards & Payments
China delays Visa and Mastercard entry as Unionpay remains unchallenged
The central bank has yet to issue formal acknowledgment.
China delays Visa and Mastercard entry as Unionpay remains unchallenged
The central bank has yet to issue formal acknowledgment.
HSBC enhances credit card rebate programme in Taiwan
It will allow cardholders to exchange every NTD from cash rebate for two airline miles.
Kasikornbank ties up with Japan mobile chap operator Line
The bank will tap on the latter's 44 million users to grow personal loans.
Thailand mulls harsher stance against cash transactions
Banks are considering additional fees as it aims to speed up e-payment adoption.
Citi adds full Apple product suite to rewards redemption platform
It is initially available in Australia, Hong Kong, the Philippines and Thailand.
India's mid-sized banks hop on personal lending bandwagon
Personal loan balances are expected to grow at a CAGR of 16% for 2018-2022.
UOB forges digital payments service alliance with Grab
Customers can pay and top up their GrabPay wallets directly from their UOB bank accounts.
DBS ties up with ride-hailing firm Go-Jek for regional payment services
The collaboration will extend to other SEA countries.
Singaporeans are less satisfied with their credit cards in 2018
Rewards programmes have room for improvement.
Banks are putting up a fight against China's tech titans
Although the amount of nonbank third-party payment skyrocketed 480% from 2014-2017, mobile payments by banks rose by 798% over the same period.
DBS Taiwan unveils credit card for everyday purchases
Cardholders earn one reward point for every NT$5 spend and points have lifetime validity.
Malaysia moves to enable money transfer via mobile number
Users can transfer money through DuitNow by December.
HSBC Hong Kong launches fund transfer service with Lu International partnership
It cuts transfer time from 1-3 days to within the same day.
Chart of the Week: APAC eats up global payments pie but lags in electronification
The region's e-payment transactions are up to 65% lower than Europe's.
Sibos 2018: APAC fuels global payments boom with $900b in 2017 revenue
Strong balance growth in China is cementing the region's dominance.
Singapore banks receive boost from regulator's hardline stance against e-wallet lending
Entities would need a banking license first before using deposits to extend loans.
Taiwan Cooperative Bank rolls out QR code payment in Visa tie-up
It claims to be the country’s first standardised and EMV compliant QR code payment.
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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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