Malaysia, Singapore launch cross-border QR code payment

Malaysia, Singapore launch cross-border QR code payment

The Bank Negara Malaysia (BNM) and the Monetary Authority of Singapore (MAS) recently launched a cross-border QR code payment linkage between the two countries.
Vietnam Post rolls out state-of-the art QR code payment

Vietnam Post rolls out state-of-the art QR code payment

State-owned corporation Vietnam Post has officially begun applying QR code payment through VNPAY-QR to optimise the payment process for customers while simultaneously mitigating cash-related risks by moving towards cashless payment across the country.
Cash habit, poor infrastructure prevent to non-cash economy

Cash habit, poor infrastructure prevent to non-cash economy

While non-cash payments are admittedly on the rise, the cash payment habit and limited development of technology infrastructure are big problems for the country’s non-cash economy, experts have said.
Compliance risk blocking banks from going digital

Compliance risk blocking banks from going digital

While digital transformation has become an inevitable trend for development in today’s modern world, compliance risk, however, might pose remarkable hurdles to banks wishing to go digital.