Cards & Payments

Winning in The Mobile Wallet Space

Asia is not only the largest single market in terms of consumer payment value but is also home to the largest share of the world’s unbanked population...

Winning in The Mobile Wallet Space

Asia is not only the largest single market in terms of consumer payment value but is also home to the largest share of the world’s unbanked population...

New payments technologies will continue to disrupt ASEAN banks

Along with my colleagues Mark Goodridge and Mulya Chandra from Morgan Stanley’s ASEAN equity research department, I have been writing about the...

Citibank Taiwan unveils credit card with higher cashback

It offers up to 3% cash back for new customers.

Korea's open banking system threatens dominance of credit card issuers

Credit card issuers may lose their tax incentive to fintechs.

RHB unveils commercial card line for SMEs and corporates

The RHB Purchasing Charge Card-i is a Shariah compliant charge card.

Citi enables credit card spend on recurring, big-ticket items

Users can use PayAll for rent and education and earn rewards.

Cash and cheques still account for 40% of Singapore payments

Hawker centres, food courts and wet markets remain heavily dependent on cash.

Cambodia and Thailand ink deal on QR code scheme

It aims to boost local currency usage of both the riel and baht.

DBS unveils loadable QR Ang Bao for Chinese New Year

They will be available from 25 January and can be used until 15 March.

China delays Visa and Mastercard entry as Unionpay remains unchallenged

The central bank has yet to issue formal acknowledgment.

HSBC enhances credit card rebate programme in Taiwan

It will allow cardholders to exchange every NTD from cash rebate for two airline miles.

Kasikornbank ties up with Japan mobile chap operator Line

The bank will tap on the latter's 44 million users to grow personal loans.

Thailand mulls harsher stance against cash transactions

Banks are considering additional fees as it aims to speed up e-payment adoption.

Citi adds full Apple product suite to rewards redemption platform

It is initially available in Australia, Hong Kong, the Philippines and Thailand.

India's mid-sized banks hop on personal lending bandwagon

Personal loan balances are expected to grow at a CAGR of 16% for 2018-2022.