Cards & Payments
Global value of contactless payments to hit $1.3t in 2019
                                                                                 
                    
                    And contactless card transactions will exceed $2t by 2021.
                
                                
            Global value of contactless payments to hit $1.3t in 2019
                                                                                                                 
                            
                            And contactless card transactions will exceed $2t by 2021.
                        
                                                
                        
    
                    Citi expands partnership with Expedia in Asia
                                                                                                 
                        
                        Customers can now pay using their Citi credit card points or miles.
                    
                                        
                    
                DBS, OCBC to enable QR code payments
                                                                                                 
                        
                        Payments can be made on NETS terminals.
                    
                                        
                    
                ICBC Singapore launches dual currency credit card
                                                                                                 
                        
                        It carries SGD/RMB dual currency functions.
                    
                                        
                    
                What you need to know about Korea's thriving credit card sector
                                                                                                 
                        
                        Delinquency rates have stayed persistently below 2% since 2009.
                    
                                        
                    
                Is the RBI's move to rationalise Merchant Discount Rate a big threat to banks?
                                                                                                 
                        
                        Analysts say the proposed framework is "an immature approach".
                    
                                        
                    
                Vietnam Bank for Agriculture and Rural Development updates EMV network
                                                                                                 
                        
                        Agribank now has improved security and fraud protection for its card services.
                    
                                        
                    
                From paper to plastic: A look at India's demonetisation
                                                                                                 
                        
                        As millions of people from rural India march into the cashless world, India could face a credit card crisis as early as 2019.
                    
                                        
                    
                Public Bank launches new lifestyle debit card for frequent travellers
                                                                                                 
                        
                        The bank partnered with UnionPay International.
                    
                                        
                    
                Beyond Apple Pay: Which new digital wallets are gaining ground in Asia?
                                                                                                 
                        
                        Find out from Standard Chartered, OCBC, EY, Krungsri, and TEB.
                    
                                        
                    
                Weekly Global News Wrap Up: Standard Chartered, HSBC cut credit card products; Citigroup, AT&T end court battle; Banks mull over storing cash in vaults
                                                                                                 
                        
                        And boutique banks nabs $100m away from Wall Street rivals.
                    
                                        
                    
                Banks’ profits to take a hit as Thailand goes cashless
                                                                                                 
                        
                        Kasikorn Bank will bear the brunt of the impact.
                    
                                        
                    
                Thailand gears up for cashless society with launch of PromptPay
                                                                                                 
                        
                        It will go live in mid-July.
                    
                                        
                    
                GoSwiff names Mark Patrick new CEO
                                                                                                 
                        
                        He will focus on launching payment innovations.
                    
                                        
                    
                Singapore's central bank reveals plans for a unified payment system
                                                                                                 
                        
                        It's working on a point of sale terminal that reads all kinds of cards.
                    
                                        
                    
                Krungsri Consumer launches JCB credit card issuing in Thailand
                                                                                                 
                        
                        Learn more about the Krungsri JCB Platinum Card.
                    
                                        
                    
                Philippine Central Bank to impose stricter credit card regulations
                                                                                                 
                        
                        The Central Bank will be able to limit or prohibit annual membership charges.
                    
                                        
                    
                 
            	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                             
                     
                             
                     
                             
                             
                     
                             
           
                                 
                                 
                                 
               
                                     
                                     
                                     
 
                                                                                                
                                                
                                                                                                                                         
 
                                                                                                
                                                
                                                                                                                                         
 
                                                                                                
                                                
                                                                                                                                         
 
                                                                                                
                                                
                                                                                                                                         
                 
                 
                 
                 
                 
                 
                