Cards & Payments
How can financial institutions build customer loyalty in the modern era?
How can financial institutions build customer loyalty in the modern era?
                                                                                                 
                        
                          It’s no longer just about giving perks, but about offering experiences, industry leaders said.
                    
                                        
                    
                Alipay+ now available for use in Sri Lanka
                                                                                                 
                        
                          The app can now be used for payment in over 400,000 LankaQR merchants.
                    
                                        
                    
                SEA digital payments slated for growth as e-commerce market doubles: study
                                                                                                 
                        
                          BNPL is projected to grow by 38% over the next five years.
                    
                                        
                    
                Philippines on track to meet digital payments goal: central bank
                                                                                                 
                        
                          Nearly 4 in 10 Filipinos now have e-money accounts, says Deputy Governor Tangonan.
                    
                                        
                    
                Golden Week drives Alipay spending by Chinese tourists
                                                                                                 
                        
                          The average spending has surpassed pre-COVID-19 levels
                    
                                        
                    
                Fintech funding in SEA freefalls 74% in Q3
                                                                                                 
                        
                          Rising interest rates, macroeconomic factors, and fear of reduced startup valuation caused this downfall.
                    
                                        
                    
                Vietnam records 103 million domestic cards, emphasises cashless scheme
                                                                                                 
                        
                          The government has been promoting a cashless payment scheme in line with its national financial inclusion strategy.
                    
                                        
                    
                Alternative payments dominate India’s e-commerce payments
                                                                                                 
                        
                          Mobile and digital wallets make up 58.1% of all e-commerce payments in 2023.
                    
                                        
                    
                JCB unveils special Hokkaido shopping offers for foreign cardmembers
                                                                                                 
                        
                          JCB cardmembers with plastics issued outside Japan will enjoy special shopping offers.
                    
                                        
                    
                HSBC SG unveils blockchain workflow solution for property developers
                                                                                                 
                        
                          It enables developers to fully automate their payments and digitalise their workflows.
                    
                                        
                    
                ANZ pays A$15m fine for excessive credit card advance fees
                                                                                                 
                        
                          ANZ reportedly breached the ASIC Act and the National Consumer Credit Protection Act.
                    
                                        
                    
                10 overseas e-wallets now usable in China
                                                                                                 
                        
                          Alipay+-in-China’s programme added seven new Asian e-wallets.
                    
                                        
                    
                JCB, Indonesia’s BNI launch credit card with focus on dining
                                                                                                 
                        
                          Cardholders will get a $974 cashback if they spend $9,750 across a certain period.
                    
                                        
                    
                170 int'l wallets accepted by UnionPay, China
                                                                                                 
                        
                          Hong Kong and Macau residents can now use UnionPay App, Octopus card, and BoC Pay.
                    
                                        
                    
                APAC leads globally in terms of cashless transactions – Survey
                                                                                                 
                        
                          Evolving risks like geopolitics and cybersecurity are a call for better cash management services.
                    
                                        
                    
                National Payments Corporation of India, Fonepay tie up for cross-border QR-code
                                                                                                 
                        
                          Both companies have completed operational preparations.
                    
                                        
                    
                YouBiz unveils multi-currency corporate cards in Singapore
                                                                                                 
                        
                          The card can be issued in 9 currencies without FX fees or monthly subscription fee.
                    
                                        
                    
                 
                                 
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
								 
						 
								 
						 
								 
								 
						 
						 
								 
								 
																					
											
																			 
																					
											
																			 
																					
											
																			 
																					
											
																			 
                