Cards & Payments
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.
Indian banking apps are losing to mobile wallets big time
Nearly 9 in 10 consumers have a mobile wallet to pay for utilities, transport, and movies.
Singapore banks' P2P funds transfer to extend to businesses
Citibank, DBS, HSBC, Maybank, OCBC, Standard Chartered, and UOB will soon offer PayNow Corporate.
CIMB unveils cross-border banking for Singapore and Malaysian customers
This enables fee-waived fund transfers, preferentail forex rates, and bill payments.
Mobile wallets trump cash as India's e-payments grow forty-fold
Consumers are increasingly using e-wallets for their daily transactions like food and transport.
Chart of the Week: Check out how Indian banks compete with tech giants in payments
Google is now head to head with Axis Bank in digital transactions.
HSBC launches new deals programme for cardholders
It gives customers access to dining, travel, and entertainment deals in 6 markets.
ICBC unveils new loyalty rewards programme for cardholders
This is through a partnership with Kaligo Solutions.
Chart of the Week: Which credit card makes Singaporean customers most satisfied?
The key factors are the card's rewards programme, cashback, and discounts and promotion.
Mobile payment adoption in Singapore is on the rise despite security concerns
Singapore's usage of mobile payments has grown by 53% since 2017.
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Standard Chartered Hong Kong wins big at ABF Retail Banking Awards 2024
![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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