Cards & Payments
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...
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.
S’pore’s payment cards lead with 40% market share in online transactions
An analyst said Singapore’s advanced tech infrastructure has boosted alternative payments.
DCS Card Centre secures add’l $100m upsize in asset-backed notes
The funds will be allocated to finance DCS's receivables from retail and corporate customers.
DCS Card Centre launches new digital innovation unit
Ceridwen Choo has been appointed as CEO of DCS Innov.
Around 38,000 accounts activate ‘Money Lock’ feature
The activation resulted in over $3.2b of savings that were set aside.
YouTrip introduces new stock and flow limits for improved digital wallet experience
Users can enjoy a wallet limit of S$20,000 and an annual spending limit of S$100,000.
DCS Card Centre raises $300m in upsized asset-backed notes offering
DBS and First Plus Asset Management supported the transaction.
Almost half of businesses say better fintech solutions are the answer to their top issues
Many B2B businesses have yet to adopt digital payment solutions.
YouBiz unveils multi-currency corporate cards in Singapore
The card can be issued in 9 currencies without FX fees or monthly subscription fee.
Chart of the week: alternative payments used in 1 in 3 online shopping transactions
Singapore’s e-commerce market is forecast to grow by 15% this year.
Singapore to eliminate use of all corporate cheques by 2025
Cheque transactions have declined by almost 70% between 2016 to 2022.
Kasikornbank, YouTrip ramp up online payment security with 3DS 2.0
70% of respondents said that they’ve adopted a more cautious stance in online payments.
HSBC SG partners with Mastercard for travel credit card
It aims to provide convenience for travellers due to the rise in post-pandemic traffic.
WhatsApp launches payment feature in SG
Users will be able to send payments to merchants.
Commentary
For higher success with startups, bring independent directors on board
Outdated business continuity plans are putting IT infrastructure at risk