Cards & Payments
CIMB targets millenials with new credit card
CIMB AWSM cardholders are entitled to 1% unlimited cashback on certain deals.
CIMB targets millenials with new credit card
CIMB AWSM cardholders are entitled to 1% unlimited cashback on certain deals.
Nine Philippine banks onboard electronic fund transfer system InstaPay
Around 18 more lenders are expected to use the platform by October.
Thailand and Cambodia to launch QR code payment system
This will streamline the cross-border fund transfer process.
UOB rolls out Razer Pay in Singapore
The scheme will allow users to top up through eNets and transfer funds via FAST.
Mastercard and Singapore's Commercial Affairs Department launch card fraud detector
Mastercard donated 10 pieces of the reader to the department.
Cash is still king in Hong Kong as only a fifth embrace e-payments
Nearly 70% cite that they remain unfamiliar with the tech required to go cashless.
Australian banks urged to set credit card lending limits
A corporate regulator is proposing a three-year repayment period.
Malaysian banks waive fees for interbank fund transfers
The move aims to accelerate the country’s cashless transition.
RHB Bank waives instant transfer fees on online platform
Individuals and SMEs will no longer have to pay $0.12 for payments up to $1,241.48.
China has over 7 billion bank cards in circulation in 2017
Each Chinese person has about 5 cards on average.
10,000 banks aboard SWIFT gpi for faster cross-border payments
Three of China’s big four banks are already live on the platform.
Singapore to be cheque-free by 2025
The government wants to reduce cash and increase e-payments.
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.
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Why Philippine banks, insurers embrace hyper-personalized services
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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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