Company Statements

Mastercard is to introduce an augmented reality app that will transport cardholders into an immersive 360-degree virtual environment from where they can explore the range of benefits that come with their card. The app takes users on a virtual tour...

Tencent and state-owned China UnionPay are integrating their QR code systems for mobile payments, according to local media reports. The move will let Tencent WeChat Pay and UnionPay Quickpass users transfer and spend money using the same QR codes....

Neo-banking startup Tonik is to open a digital-only bank in the Philippines after securing a banking licence from the country's central bank. Seeded and built by fintech venture builder Forum, Tonik intends to launch in the coming months with an...

Prudential Vietnam Assurance Private Limited , a subsidiary of Prudential plc, and Southeast Asia Commercial Joint Stock Bank have entered into an exclusive bancassurance partnership with a 20-year term. Prudential Vietnam will also become the preferred life insurance provider...

Fingerprint Cards AB’s software platform for payments, FPC-BEP, and the FPC T-Shape sensor module have passed the accuracy and security test performed by Bank Card Test Center (BCTC). BCTC is an independent third-party test service provider based in China...

Another consortium has joined the bid for a digital bank licence in Singapore, with plans to target small and mid-sized businesses (SMBs) and offer consumers modular services, such as "micro-coverage" insurance. The group comprises several major brands including lifestyle,...

Wirecard, the global innovation leader for digital financial technology and FXChange, Singapore’s largest self-service currency exchange network, are collaborating to provide outbound and inbound travelers in Singapore with simple and flexible digital payment options. The companies are launching multi-currency...