E-payments

Apple Tap to Pay launches in Singapore, allows merchants to use iPhones as contactless payment terminals

Payment platforms Adyen, Revolut, Stripe among first to offer Tap to Pay. Grab will join in 2026.

As supply chains diversify and digital commerce scales, the demand for a new payment architecture becomes structural rather than optional.
FUTURE OF FINANCE

New architecture for international payments is foundational for global growth

To realise this vision, interoperability across multiple technology platforms and networks is essential

The partnership will initially focus on enabling users to deposit and withdraw traditional currencies (commonly referred to as “fiat” in crypto) through Coinbase’s services.

Citigroup to tie up with Coinbase to boost digital payments for institutional clients

Dealmaking within the digital assets industry has picked up pace this year

Xendit is betting that Latin America’s fragmented payments systems will mirror the early days of South-east Asia’s fintech boom, Raymundo Guerrero says.

Indonesia unicorn Xendit tests Asian success with Latin America push

The Jakarta-based firm processes over US$70 billion in payments annually across seven markets, including the Philippines, Malaysia and Thailand

The pilot will evaluate how UPI can be used to enable AI agents to autonomously complete transactions in a safe, secure, and user-controlled manner.

India rolls out pilot for e-commerce payments via ChatGPT

The pilot will evaluate how the service can be expanded across verticals

The rate is set at UNI$500 for S$5 in bill offsets, or the equivalent in Malaysian ringgit.

UOB taps rising Johor spend with cross-border rewards redemption scheme for Singapore cardholders

This comes as spending by the bank’s Singapore credit card customers in Malaysia has risen

There are “significant benefits” for companies that adopt ISO 20022, says Michael Spiegel, global head of transaction banking at StanChart.

Asia’s real-time payments surge, but gaps persist: StanChart

A common challenge is reconciling payment data, where mandatory fields needed in one country’s transactions differ from those in another

The Commerce Commission estimates New Zealand businesses pay NZ$600 million a year to accept Mastercard and Visa payments.

New Zealand to ban surcharges on in-store electronic payments

Surcharges are an amount calculated as a percentage of the purchase price and are applied to transactions to cover the fees businesses pay for accepting contactless payments and credit card

People have always expected payments to be fast, transparent, and cost-effective. And, with every new generation and wave of tech advancements, these expectations only grow.
THE BROAD VIEW

Cross-border payments – new benchmarks needed

Banks must prioritise infrastructure modernisation and partnerships to leverage emerging payments innovation

The fact is that the eurozone is already shockingly dependent on American payment mechanisms.
THE BOTTOM LINE

The battle for the global payments system is underway

Some Europeans are looking to the next geoeconomic contest