Cards & Payments

Banking woes dampen Singapore MSMEs overseas ambitions 

Only 2 in 10 Singapore micro-multinationals think banks offer value for money.

Banking woes dampen Singapore MSMEs overseas ambitions 

Only 2 in 10 Singapore micro-multinationals think banks offer value for money.

Buy now, pay later more needed in markets with credit under penetration: UOB TMRW exec

It’s not as urgent as other markets with credit under-penetration, says TMRW Digital Group CCO.

Philippine financial regulator mulls offline digital payment solutions

The move is part of the BSP’s Digital Payments Transformation Roadmap.

Is cash still king? Digital payments eroding cash’s dominance in SEA

Internet economy in SEA has propelled digital payments further.

New Zealand’s card payments market to rebound 10.3% in 2021

The market is expected to top $83.2b in four years’ time.

SMEs are the lifeblood of Asia Pacific: Mastercard

Hence, Mastercard launched the world’s first BNPL commercial card solution for SMEs.

Online shopping drives expansion of alternative payments’ use in APAC

China’s alternatives will account for 70% of e-commerce transaction value in 2021.

What do SMEs expect from modern payment solutions?

ABF spoke with industry experts from Mastercard, Enterpryze, Boku, and Xfers to learn more.

Wider adoption of e-CNY poses risks to China’s banking system: Moody’s

Digital renminbi will test banks’ ability to address risks.

Singapore: Yes to wholesale, skeptical on retail digital fiat money

SG’s regulator remains iffy on cryptocurrencies—or, in MD Menon’s words, crypto tokens.

Mastercard sets its sights on SMEs with new BNPL commercial card solution

The Pay & Split provides SMEs with the first-of-its-kind, network-based, open-loop payment solution.

MAS, BSP ink enhanced fintech cooperative agreement

Singapore and Philippines' remittance flows totalled S$2.89b last year.

Mastercard launches cryptocurrency-linked payment cards

Users will be able to convert crypto into traditional fiat money.

Eight Singapore banks to participate in new eGIRO launch

The digitisation initiative aims to cut down the old GIRO process from weeks to minutes.

Hong Kong mulls launching own digital currency: financial secretary

This is part of HKMA's initiative to 'push all banks to go fintech'.

Taiwan card payments market to be worth $187.7b by 2025

The market is forecasted to rebound by over 15% in 2021.

Standard Chartered targets Singaporean millennials in new ‘smart card’

Cardholders can earn up to 6% cashback first when used in digital subscriptions.