Cards & Payments
Default rates of credit card receivables in Japan to remain elevated
Annual default rates of credit card purchase rose to 6% in March from only 4.4% last year.
Default rates of credit card receivables in Japan to remain elevated
Annual default rates of credit card purchase rose to 6% in March from only 4.4% last year.
Chart of the Week: Health and safety concerns drive card payments growth in New Zealand
Card payments are expected to rise at a CAGR of 1.8% to $66b by 2024.
Standard Chartered pilots credit card deals app CardsPal
The app has also partnered with Mastercard for exclusive promos.
Grab pilots GrabPay Card in the Philippines
It comes with a digital version within the Grab app.
COVID-19 accelerates digital payments adoption in South Korea
The country’s credit card issuers are seeing a rise in credit card use for online purchases.
Japanese e-payment firms Konbini, Pay-easy join PPRO platform
This marks London-based PPRO’s entry to the Japanese e-commerce market.
Chart of the Week: COVID-19 to drive digital payments take-up in Hong Kong
E-payments firm Octopus said that mobile wallet usage rose 30% in February.
Mastercard APAC's winning strategy in the digital age
The payments provider has been forging new tech-based products and partnerships to keep up.
Crunch time for Malaysia's e-wallets as big firms impose merchant fees
They are charging 0.5% from merchants who use their services as subscriptions soar.
Chart of the Week: New Zealand card payments to grow 2.2% annually through 2023
The pandemic will slow card payments adoption as consumers switch to online payments.
Chart of the Week: Japan's card payments to grow 2.6% in 2020
ATM cash withdrawals are expected to fall by 5.5% during the year.
Citi swipes Amex global cards head
Citi has recruited Kartik Mani as the Asian head of cards and unsecured lending, according to an announcement. He will be responsible for lending and...
How Real-time Payments Can Fuel Emerging Business Models
Instant payments are being implemented around the world, promoted by governments to support financial inclusion and the digitisation of economies.
Singapore card payments market to hit $158b in 2023
Credit cards took the lion’s share in market value at 60% in 2019.
Consolidating the payments game is just step one in Southeast Asia
Whilst the Chinese market is big enough to allow for two major e-payments players, Indonesia needs to unify efforts from otherwise competing tech...
Credit card revenues threatened as Singaporean travellers shun usage
Card users turn to cash as they steer clear of lofty transaction fees and poor exchange rates.
Chart of the Week: China gradually opens up $16.5t card market to foreign players
Card payments value is expected to grow 11% CAGR to $25.9t by 2023.
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Standard Chartered Hong Kong wins big at ABF Retail Banking Awards 2024
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The bank’s efforts and achievements have become a testament to its commitment to its colleagues and the communities it serves in.
The bank’s efforts and achievements have become a testament to its commitment to its colleagues and the communities it serves in.
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1. Labour force upskilling needed as SG nears 'super-aged' status 2. MAS, IBF working on gen AI job impact map 3. Australia’s P&N Bank scraps proposed merger with Beyond Bank 4. Australia’s P&N, Beyond Bank likely to seek other merger opportunities 5. Singapore’s financial sector employment rose 4,800 in 2023Events
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