Cards & Payments
MAS, ABS set up SPaN to oversee national payment schemes
It is expected to be fully operational by end-2026.
RTPs gain traction in Singapore as merchants refine payment strategies
This payment method offers lower transaction costs.
MAS, ABS to launch unified payment entity for national schemes
The new entity will consolidate Singapore’s national payment schemes, including SGQR.
Slow payments rise for the first time in six quarters in Q4 2024
Year-on-year, four out of five industries experienced an increase in slow payments.
NETS expands SGQR+ scheme with 24,000 new acceptance points islandwide
The SGQR QR label will be distributed within the retail and F&B sectors.
OCBC teams up with Disneyto boost new customer growth in SEA
The collaboration will kick off in Singapore with the soft launch of the OCBC MyOwn Account.
OCBC has partnered with Disney in a five-year...
92% of Singaporeans worry about banking safety
Millennials were most affected by online banking fraud, with 34% falling victim.
YUP raises US$30m in Series B funding round
It will be used for SEA market expansion and the acquisition of an Indonesian banking licence.
Gen Z--the alpha of new payment trends
The younger generations are quickly embracing digital payment methods, leading the shift to building a digitally connected society.
Digital payment...
8 in 10 Gen Zs keen on AI for enhanced banking, retail experience
About 43% of them have already used AI for shopping.
Singapore's card payments market to grow by 14.3% in 2024
The rising demand for non-cash payments will drive this growth.
SBR National Business Awards 2024 Winner: Wiseasy Technology Pte Ltd
Lay Cheng Tan, Co-Founder & Chief Investment Officer, and Mayank Raheja, Managing Director (EMEA & SA) of Wiseasy Technology Pte Ltd, provided...
Slow payments fall to near two-year low in Q1 2024
The construction, manufacturing, and services industries all saw a QoQ decrease in slow payments.
Atome’s BNPL debuts on Taobao Singapore
Every Saturday, Atome shoppers can enjoy a $12 off for a $120 minimum spend.
UOB to maintain good asset quality amidst profitability dip
The bank is also expected to have a steady core capital ratio.
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