Tag: payment

The partnership aims to connect European and Asian local market payment capabilities across B2B and consumer spending flows.

Naveen Mallela, global co-head at JP Morgan's Kinexys, explained to CT how blockchain technology is enabling payments, and how global and Apac firms are embracing its use, including in the Middle East.

The aim is to target China’s growing population living abroad.

Phil Carmalt will start in the role at BofA on May 29 and will continue to be based in Hong Kong.

The Mongolian national payment card has teamed up with a HK provider to be accepted in Hong Kong; the move is led by Mongolbank.

While wider migration has been adopted across banks, corporate clients are being encouraged to follow suit to create a standardised payment ecosystem.

Multiple payment fintechs have announced expanded offerings across Apac, reflecting a growing cross-border payment space that might challenge traditional players, especially for SMEs.

Ant’s e-commerce payment platform Antom will commence operations locally later in the year.

While each business has its own strategy and budget, fraud and payment standards shouldn’t be ignored as digitalisation becomes more sophisticated; adopting more tools and cooperating with financial institutions is one approach.

CT spoke with banks, fintechs, tech providers and associations at Sibos 2024 about some of the key technical payment-related topics; we share and explain some of the key terms.

With Swift’s annual Sibos conference taking place next week in Beijing, CT examined the issues setting the agenda.

The credit card giant has become first foreign payment method widely accepted in a Chinese city’s mass transport system.