Cards & Payments
Citibank granted domestic fund custody licence in China
The bank can now provide custody services to Chinese mutual and private funds.
Citibank granted domestic fund custody licence in China
The bank can now provide custody services to Chinese mutual and private funds.
Mastercard establishes local office in Myanmar
It also plans to appoint a country business development manager.
Singapore fintech LytePay, Rapyd launch e-wallet for ERA Realty agents
Real estate salespersons will now be able to instantly use their commissions.
Vietnam's Mcredit, JCB launch credit card
Card members can enjoy a zero-interest installment at thousands of merchants in Vietnam.
Chart of the Week: Japan card payments to grow 2.1% in 2020
Pandemic-related fears is crippling away at cash payment’s dominance.
Chart of the Week: Pandemic spurs card payments growth in Singapore
Backing from banks and merchants has made contactless payments mainstream.
Cambodia-based fintech Clik secures $3.7m seed round funding
The payments startup said that it is on track for a nation-wide launch by end-2020.
Deutsche Bank partners with fintech Airwallex for cross-border payments service
Merchants using Airwallex do not need to open bank accounts to collect payments.
Consumer spending to spur growth in Taiwan card payments
The value is expected to reach $200.2b by 2024 at a CAGR of 7.6%.
Chart of the Week: Lockdown easing drives card payments recovery in India
Fear of COVID-19 spread is driving consumers towards digital payment tools.
Hong Kong neobank WeLab Bank, Mastercard to launch numberless bank card
It will be available for use immediately after opening an account with the lender.
Rapyd partners with local payment players to launch service in India
It has partnered with local players to allow merchants to access 900 locally-preferred payment methods.
South Korea's credit card use shrinks 2.1% amidst the pandemic: report
Daily average use of contact-free spending jumped 12.7% from Feb to May.
Chart of the Week: COVID-19 hastens digital payments exodus in APAC
Business activities and consumer spending will further fast-track the growth.
Mastercard, Visa, payment networks launch online checkout solution in APAC
Customers need only to “click to pay” for their web purchases.
Malaysia's Instapay partners with Mastercard for e-wallet offering
They are targeting 100,000 users in the first year of launch.
Viet Capital Bank, 7-Eleven launch exclusive JCB Card
It subscribes customers to the loyalty programs of each company, respectively.
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Why Philippine banks, insurers embrace hyper-personalized services
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