Cards & Payments
Slow payments rise for the first time in six quarters in Q4 2024
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.
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.
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Commentary
Adapting to changing consumer needs in an evolving property market