Cards & Payments
How GCash cornered the Philippines' ‘sachet’ economy
                                                                                 
                    
                    
  The app has over 66 million users in a country of more than 111 million.
                
                                
            How GCash cornered the Philippines' ‘sachet’ economy
                                                                                                                 
                            
                            
  The app has over 66 million users in a country of more than 111 million.
                        
                                                
                        
    
                    Malaysia’s Public Bank enables Google Wallet payments for Visa card holders
                                                                                                 
                        
                        
  They are amongst first to enable it in Malaysia.
                    
                                        
                    
                Thailand’s Beam raises $2.5m in seed funding
                                                                                                 
                        
                        
  Beam offers a one-click checkout solution for seamless payments.
                    
                                        
                    
                EastWest Bank, JCB launch credit card in the Philippines
                                                                                                 
                        
                        
  Customers can access several rewards and year-round promotions.
                    
                                        
                    
                Meaningful experiences, wellness as key pillars of the return of travel: Mastercard’s Mayank Dutt
                                                                                                 
                        
                        
  Mastercard’s cardholders in its affluent portfolio can access wellness programs on the go.
                    
                                        
                    
                Alternative payments inch closer to e-commerce domination in New Zealand
                                                                                                 
                        
                        
  The growth of BNPL has pushed up adoption of alternative payments.
                    
                                        
                    
                Vietnam’s card payments market to hit $37.6b in 2022
                                                                                                 
                        
                        
  The government’s cashless payments push is helping the market.
                    
                                        
                    
                Real-time Payments: The Time to Act is Now
                                                                                                 
                        
                        
  Around the world, people now expect real-time experiences in everything they do, and payments are no exception.
                    
                                        
                    
                Fintech funding slows as COVID-driven digital hype fades
                                                                                                 
                        
                        
  Valuations of technology stocks, both public and private, are down 60%, analysts said.
                    
                                        
                    
                J.P. Morgan appoints Madhav Kalyan as head of Asia Pacific payments
                                                                                                 
                        
                        
  Kalyan succeeds Sridhar Kanthadai.
                    
                                        
                    
                Kakao Bank, Kakao Pay shares tumble as fire disrupts services: report
                                                                                                 
                        
                        
  All services under Kakao were severely affected by the data center fire.
                    
                                        
                    
                BNPL, digital wallets accelerates growth of e-commerce fraud: study
                                                                                                 
                        
                        
  Global e-commerce fraud will exceed $48b in 2023, and 22% will be from Asia.
                    
                                        
                    
                Alipay+ to enable cross-border payments to South Korea for four Asian e-wallet
                                                                                                 
                        
                        
  Users of these e-wallets can now pay over 120,000 merchants in South Korea.
                    
                                        
                    
                AEON Credit H1 revenue soars 11.8%
                                                                                                 
                        
                        
  Profit after tax increased by $22.52m
                    
                                        
                    
                American Express opens exclusive lounge in SG for Centurion card holders
                                                                                                 
                        
                        
  Members can enjoy a complimentary welcome cocktail when they visit.
                    
                                        
                    
                New Zealand card payments market to be valued $67.1b in 2026
                                                                                                 
                        
                        
  On average, each NZ individual holds over three cards, GlobalData found.
                    
                                        
                    
                SWIFT rolls out pre-payment prediction service for cross-border payments
                                                                                                 
                        
                        
  It identifies possible problems in the future payment based on previous data from 9 billion transactions.