Cards & Payments
Japanese banks speed up cashless push before 2020 Olympics
Mizuho, MUFG Bank, and Sumitomo have agreed to unify QR code specifications.
Japanese banks speed up cashless push before 2020 Olympics
Mizuho, MUFG Bank, and Sumitomo have agreed to unify QR code specifications.
Singapore's PayNow expands to corporate fund transfers
The scheme will be a part of the Singapore Quick Response Code utilising mobile banking apps.
Cards are chipping away at cash and cheque use in Australia
Consumers made over 8.3 billion card payments in 2017, equal to 23 million transactions a day.
Vietnamese banks urged to tighten card issuance
A group claims that 50 million of the 132 million cards in circulation are not being used.
Hang Seng Bank onboards SWIFT platform for faster cross-border payments
Payments can be credited within minutes.
Chart of the Week: Check out mobile wallet adoption across Asia
The value of non-cash transactions in China hit 50% in 2016.
HSBC to lift PayMe e-wallet top-up limit
The move aims to ease individual money transfer and purchases.
NETSPay integrates OCBC and UOB cards
Users can now make NETS payments via their mobile phones.
E-wallets to snap up 6% of Philippine payments by 2022
However, the country is still miles behind China and India.
Vietnam banks speed up transition to chip cards
The shift from magnetic is expected to provide better cardholder protection.
OCBC ties up with telco firm Starhub to develop loyalty programme
Consumers will be able to exchange, consolidate, and redeem loyalty reward points across industries.
Ten Chinese banks onboard SWIFT gpi for faster cross-border payments
Three of the country’s Big 4 lenders are already live on the payments initiative.
Chinese banks thrive on mobile payments as millennials drive cashless push
Lenders handled a whopping $11.1t in mobile payments in the first quarter alone.
Chart of the Week: Singapore banks bear the burden of growing credit card debt
Bad credit card debt that was "written-off" jumped 16% to $20.74m in March.
HSBC integrates personal information vault into credit card application process
Applicants won’t need to provide supporting documents anymore.
MUFG to roll out blockchain-powered payments platform
The platform can process a million transactions per second.
Alternative payment providers position for growth in Indonesia
When it comes to growth opportunities for digital payments, Indonesia is in a league of its own. The prospect of tens of millions of new digital...
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