Cards & Payments
Ekata nabs Technology Excellence Award for API - Payments
Its Account Opening API stops fraudsters from establishing a presence in a firm’s user base.
Ekata nabs Technology Excellence Award for API - Payments
Its Account Opening API stops fraudsters from establishing a presence in a firm’s user base.
Chart of the Week: Singapore card payments value to grow 8% in 2022
Contactless cards are a key driver of growth.
Singaporeans want more biometric payment cards —survey
Latest industry survey reveals 88% of Singaporeans prefer biometric cards.
DBS acquires Citi’s Taiwan consumer banking business
DBS will pay Citi in cash for the net assets plus a premium of S$956m.
Grab Singapore includes more banks in linked account feature
Users can now link accounts from Bank of China, DBS, Maybank, OCBC, StanChart, and UOB.
Fintech platform Airwallex officially launches in Singapore
Customers of the fintech platform will receive funds locally in SGD.
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.
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.
Singapore, Malaysia to link real-time payment systems PayNow, DuitNow
Remittances between the two countries reached S$1.3b in 2020.
FavePay teams up with Google Pay to offer cashback to Singapore users
Google Pay users can get up to a 20% cashback when they pay through SGQR.
Singapore, India to link PayNow, UPI payment systems by mid-2022
Fund transfers from India to Singapore will only need mobile phone numbers.
Higher adoption of QR payments ramps up Singapore’s cashless transition
In January, 1.2 million transactions were carried out via the SGQR.
OCBC enables Singaporeans to directly view, pay tax in digital bank platform
Customers have the option to pay their tax balances in full or partially.
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