Cards & Payments
UnionDigitalBank, Capital A launch embedded finance services in the Philippines
UnionDigitalBank, Capital A launch embedded finance services in the Philippines
Amongst services to be offered is the “Fly Now, Pay Later” flexible payment option.
Singapore to eliminate use of all corporate cheques by 2025
Cheque transactions have declined by almost 70% between 2016 to 2022.
Public-private cooperation and partnership are key to advancing CBDCs
Whilst the merits of CBDCs are still widely debated, central and commercial banks are actively exploring the use of CBDCs in local markets.
BigPay revamps mobile application interface
The redesign now features a floating navigation bar.
Chart of the Week: 1 in 3 online transaction in Australia use alt payments
The e-commerce market will be worth $51b in 2023, according to GlobalData.
Australia's Zip cuts 20% of workforce: report
The CEO did not confirm whether the company is downsizing its workforce.
Malaysia’s Curlec by Razorpay launches payment gateway
Curlec targets RM10b in annualised gross transaction value by 2025.
Grow Finance, Pismo issue credit card for SMEs in Australia
This collaboration aims to provide business owners with improved cash flow management and capital.
UnionPay inks deal with Cambodia to promote QR cross-border payments
It aims to benefit residents of both countries in cross-border mobile payments.
Chart of the Week: 8 in 10 Chinese consumers use mobile wallets
High cost of POS terminals and insufficient payment infrastructure push e-wallet use.
How Mocasa is supercharging the Philippines' credit payments market
The credit payment service company is also developing a data-driven central credit bureau.
Paywatch inks MOU with Visa to offer EWA solution across Asia
Paywatch will make use of Visa’s cross-border capabilities and network.
StanChart Singapore launches mass-affluent miles card
Rewards points accumulated with the card do not expire.
Visa, Hyundai Card team up to create data products
This alliance consists of 18 major industry players.
Thailand’s KTC, Ant Group launch Alipay+ services in Thailand
Tourists can now pay using AlipayHK, Touch ‘n Go eWallet, and Kakao Pay.
Alipay+ payments now accepted across 2,400 7-Eleven Malaysia stores
Users of AlipayHK, GCash, Kakao Pay, and TrueMoney can now use their mobile wallets in these stores.
Rising costs weight on KB Kookmin Cards’s profitability: Moody’s
Cash flow and liquidity are weak, but credit profile will remain resilient over the next 12-18 months.
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