QRIS has become the king of digital payment channels for local transactions. Visa–Mastercard’s position remains dominant for cross-border payments.

Singapore’s OCBC, the second-largest banking group in Southeast Asia, will continue to hire more staff and invest in its digital infrastructure capabilities to attract ultra-high-net-worth ...

Jakarta: Indonesia's Business Competition Supervisory Commission considers the United States' criticism of the Quick Response Indonesian Standard (QRIS) and the National Payment Gateway (GPN) to ...

Subsequently, QRIS began to be widely implemented in Indonesia on Wednesday, January 1, 2020. In the first three months since its national implementation in 2020, the Indonesian Payment Systems ...

uick Response Code Indonesian Standard (QRIS) has emerged as a significant tool in the realm of domestic transactions, illustrating Indonesia's determination to maintain its sovereignty without ...

Indonesia’s QRIS payment system is similar to India’s Unified Payments Interface (UPI). It was launched in 2019 by Bank Indonesia to facilitate digital payments across the country. Now, it ...

OCBC has the highest NIM of the three banks at 2.2% for 2024, and its NIM also equalled DBS for 4Q 2024 at 2.15%. However, DBS saw the gentlest year-on-year decline in its NIM at just 0.02 percentage ...

Helen Wong, CEO of Singapore’s Oversea-Chinese Banking Corp. (OCBC), is eager to talk about AI—and argues that, contrary to fears that roles will be automated away, the new technology will ...

TEMPO.CO, Jakarta - Djamin Edison Nainggolan, executive director of the Indonesian Payment System Association (ASPI), predicts that QRIS, or the Quick Response Code Indonesian Standard, will become ...

A cross-border QR payment link between Singapore and Indonesia’s QRIS established in November 2023 was touted by the MAS as being a “milestone for Singapore’s growing cross-border payments linkages. .