digital payments

Visa aims to halve its global fraud rate by 2025

PAYMENTS giant Visa plans to halve its global fraud rate by 2025, having been using artificial intelligence to prevent an estimated US$25 billion in fraud annually.

Cross-border QR payments between Singapore, Hong Kong possible with Liquid Group, JETCO partnership

LIQUID Group and Joint Electronic Teller Services (JETCO) are collaborating to enable cross-border QR payment acceptance in Singapore and Hong Kong, they said in a joint press statement on...

Citi to roll out consumer e-payments business in Asia and other markets by Q1 2020

CITI is aiming to launch its digital consumer payments business in Asia and elsewhere by the first quarter of 2020, so it can ride the wave of the region's growing flows and digital ecosystems,...

Integrating payment solutions towards a cashless society

DRIVEN by increased smartphone penetration and a rise in digital payments adoption, Asia is widely accepted to be leading in mobile payments globally. A study by Kantar TNS found that over half of...

Bridging the last mile in digital payments

Singapore has made significant strides in promoting digital payments here, but there are challenges to overcome before it realises its vision of becoming a predominantly cashless society, industry...

Digital payments app HitPay to roll out multi-currency feature

THE digital payments landscape in Singapore has a relatively new entrant that is introducing a multi-currency feature in August, while eradicating...

Razer Pay launches in Malaysia

The Singapore gaming company, co-founded by chief executive Tan Min-Liang, announced that the initiative is a partnership between Razer Inc and Berjaya Corporation Berhad.

PayNow expanding scope to include businesses

FROM August 13, businesses will be able to send and receive funds from customers and other businesses through peer-to-peer transfer service PayNow, the Association of Banks in Singapore (ABS)...

Are telco tie-ups the way to stay ahead?

"IF you can't beat them, join them."

Singtel, Razer ink deal to unite regional payment networks

SINGTEL and video gaming company Razer have announced plans to link their digital payment systems in the region, under a strategic partnership inked on Wednesday.