Cards & Payments
CIMB waives fees on online and mobile fund transfers
The move is in line with the central bank’s cashless push.
CIMB waives fees on online and mobile fund transfers
The move is in line with the central bank’s cashless push.
Philippine banks go digital with launch of electronic fund transfer service
InstaPay enables transactions of up to PHP50,000 per day.
APAC banks to launch cross-border real-time payments via SWIFT gpi
DBS, ANZ, Kasikornbank, and ICBC are amongst the participants.
PIN numbers may soon be a thing of the past for Japanese banks
JCB Co. is testing its contactless payment solution using fingerprint authentication.
Asia beats Europe in developing new payments technologies
The region has attracted more fintech investments than North America and Europe.
RHB Islamic Bank Berhad unveils corporate debit card to slash cash and cheque use
It acts as an alternative for businesses to pay local government agencies.
OCBC debuts quick credit card approval and Apple Pay integration
Customers can make purchases at Apple Pay merchants within minutes of credit application.
Citi links rewards points redemption service with Samsung Pay
It will be available for customers in Southeast Asia and Oceania by 2019.
APAC banks plan to use automated collections systems by 2019
Seven in 10 banks intend to utilise AI to streamline bill payments.
Bank of China and ICBC to offer PayNow
There are now nine banks using the service.
DBS integrates PayNow into API system to reduce cheque usage
They aim to reduce corporate cheque payments by 30% in 2020.
Citi launches rewards card with first API partnership
Cardholders can offset purchases using their accumulated points.
Chart of the Week: How are ASEAN banks deploying real-time payment systems?
They are shunning in-house developments and vendor solutions.
ASEAN banks lead digital charge with soaring investment on real-time payments
Singapore banks lead the pack as over half pledge to increase investment by over 5%.
Smart card dominance dampens Hong Kong's mobile payments growth
Smaller e-payments players are finding it hard to gain traction against the ubiquitous card.
Singapore banks link with fintech startup to turn stores into cashpoints
soCash aims to reduce consumer dependence on ATMs.
Mobile wallets dominate Hong Kong payments in early 2018
Even though half of consumers encountered difficulties with the mobile app.
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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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