Cards & Payments
Taiwanese credit card firms’ revolving credit up 2.05% in April
A total of 38.12 million credit cards were active in Taiwan as of end-April.
Taiwanese credit card firms’ revolving credit up 2.05% in April
A total of 38.12 million credit cards were active in Taiwan as of end-April.
Alipay+ and GHL enable cross-border payments in the Philippines
Mobile wallets include AlipayHK, KakaoPay, Touch ‘n Go, and Alipay.
Visa launches Subscription Manager service
It enables cardholders to view and stop recurring payments as needed.
KPay’s unified payment solutions platform propels SME growth
After expanding into Singapore, KPay aims to dominate APAC and serve over 1 million merchants.
JCB and Mandai Wildlife Group offer 50% discount to cardholders
The ticket covers three parks, including Singapore Zoo.
Alipay+ enables QR payments in Mongolia for 12 foreign e-wallets
The e-wallets are from SEA, East Asia, and Italy.
GHL and BSN partner to expand in-store payment choices
Shoppers at GHL stores can now enjoy up to 36 months of BSN's 0% EasyPay.
DBS Taiwan Partners with Thales to issue 2-million eco-friendly cards
The bank aims to become the largest issuer of sustainable cards.
Citi meets wealth needs with launch of exclusive debit card
The card’s daily spending limit can be as high as HK$300,000.
Ant Group, Mastercard launch International Consumer Friendly Zones program in Shanghai
It will improve the travel experience for global visitors and boost local businesses in China.
Thailand’s central bank appoints new assistant governors
The four individuals promoted were previously senior directors for different teams.
Fintech Nium chosen to issue virtual cards for HappyEasyGo
Nium is able to fund and issue virtual cards in over 20 local currencies.
Chart of the Week: 8 in 10 Chinese people use mobile wallets
Alipay and WeChat pay each have 1 billion users globally.
Swift extends ISO 20022 across entire payment chain
It worked with 14 banks globally, to standardise payments.
Korea’s Shinhan Card likely to maintain stable capital and liquidity
However, asset quality and profitability are expected to weaken, says Moody’s.
Singapore, Japan renew bilateral swap arrangement
Singapore can swap up to $3b whilst Japan can swap up to US$1b.
China, Thailand ink MOU to enhance local currency use
They will also promote cross-border payment and settlement.
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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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