Mobile Payments

OCBC Bank is first in Singapore to Enable Instant Digital Card Issuance via OCBC Mobile Banking App

OCBC Bank customers have a new, speedy way of resolving a common issue when shopping or dining: Not having the right credit card to enjoy the best discount, rebate or reward. Since last month, OCBC Bank became the first bank

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Philippines Mobile Payment Providers Go Into Acceleration Mode

Cashless and contactless transactions in the Philippines are definitely on the rise as mobile payment providers have gone into acceleration mode since October. They continue to tap giant retail groups engaged in various industries including neighborhood variety retail stores or

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TrueMoney Wins Payment Services License in Vietnam, Launches TrueMoney Wallet

TrueMoney Vietnam, part of Southeast Asian Fintech company Ascend Money, has obtained the Intermediary Payment Services License from the State Bank of Vietnam to operate digital financial services in e-money, e-payment, wireless transfers, and payment gateways. TrueMoney is processing over

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How Real-Time Payments Can Support Financial Inclusion

In developing countries, digital banking platforms and real-time payments have been driving financial inclusion, providing the underbanked and financially excluded with affordable and convenient financial services, according to a new report by Vocalink, a Mastercard payments company. The report, titled

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27 Non-Bank Organizations Licensed To Provide Payment Services In Vietnam: The Complete List

In December 2014, the State Bank of Vietnam (SBV) issued the Circular No. 39/2014/TT-NHNN which sets a series of rules banks and non-bank organizations in Vietnam must follow in order to be permitted to offer intermediary payment services such as

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Leading ATM Maker Bets On Mobile and Cardless Trend

US-based automatic teller machine (ATM) manufacturer Diebold Nixdorf, Inc. is gradually evolving into a maker of omnichannel-connected banking and has created a new service leveraging the Internet-of-Thing (IoT). The new offering promises to help financial institutions and retailers keep up

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CardUp Secures Funding

CardUp, a Singapore based card payments platform for cash management, announces that it has secured S$2.2 million (US$1.7m) in funding led by Sequoia India and SeedPlus in order to grow its payments and cash flow management offering to the SME

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First-of-its-kind pay-later Card for 50,000 Millennials in India

MatchMove, a Singapore based virtual card provider, together with SlicePay, India’s pioneering credit provider for young adults and college students, announced the launch of a first-of-its-kind pay-later card powered by MatchMove. With MatchMove’s unique platform, SlicePay is able to empower

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Adyen Announces Launch Of Unified Commerce Solution In Singapore

Adyen announced the launch of their unified commerce solution in Singapore. An expansion of its current payment processing offerings, the unified commerce solution will manage all customer communications, allowing retailers to create one consistent experience across channels and devices –

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Alipay rolls out in Cambodia, Myanmar, Laos and the Philippines

Alipay, the world’s largest mobile and online payment and lifestyle platform operated by Ant Financial Services Group, has further grown its cross-border business in Southeast Asia, adding four new countries to its network. This takes the total number of countries

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