Cards & Payments
Indonesia upturns payments market with new foreign-friendly rules
The new regulations reduce the number of licenses and makes clinching foreign capital easier.
Indonesia upturns payments market with new foreign-friendly rules
The new regulations reduce the number of licenses and makes clinching foreign capital easier.
India’s new digital payment licenses to increase competition, innovation
The NUE licensing has attracted the likes of Google, Amazon, and Facebook.
Japanese banks' risk controls under test following Archegos fallout
After Nomura and MUFG, other banks are likely to announce losses related to the US investment firm.
Citi launches digital credit card for new customers
Singapore is the first market ever where Citi has rolled out this service for new cardholders.
J.P. Morgan leverages blockchain solution to improve money transfers
Testing is currently under way with 12 Taiwan banks.
Citi launches digital credit card for new customers
Singapore is the first market ever where Citi has rolled out this service for new cardholders.
Singaporeans more satisfied with e-wallets than banks in 2020
Customer satisfaction for e-wallets was higher than that of banks.
Philippine card payments to grown 15.4% in 2021
The revival of economic conditions and vaccine distribution will spur card spending.
What's up with central banks' craze around digital currencies?
Whilst it may improve payment systems, card firms and payment platforms won’t be happy with the potential new competition.
Chart of the Week: Singapore card payments to rebound 10.2% in 2021
Card payments are expected to reach $96.5b in three years’ time.
'Buy now, pay later' flourishes in APAC as credit demand booms
Unlike credit cards or loans, there are no fees in BNPL if payments are made on time.
E-wallets to overtake cash in Singapore's in-store payments by 2024
Cards will remain king, but e-wallets will overtake them in online purchases.
Chart of the Week: APAC card payments to grow 19.2% in 2021
Banks and payment firms are stepping up their card game to encourage cashless spending.
Chart of the Week: Growth of local e-commerce drives rise of e-payments in Australia
Buy now, pay later solutions are popular amongst Millennials.
PayPal is first foreign operator to fully own Chinese payments business: report
It bought the remaining 30% stake of GoPay last December.
Singapore tightens regulation of virtual payment entities to combat risks
DPT activities carry higher inherent money laundering and terrorism financing risks.
Chart of the Week: India's payments via UPI to reach $1.7t in 2025
The entrance of WeChat Pay is expected to intensify competition in the payments space.
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Why Philippine banks, insurers embrace hyper-personalized services
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Insurance
Industry experts push for the rapid progress of unified customer data as a starting point.
Industry experts push for the rapid progress of unified customer data as a starting point.
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