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Payment systems

Visa approved to prepare domestic payments business in China

Visa’s clearance of the regulatory hurdle will allow it to operate in China’s US$144 trillion payments market and marks the end to its years-long pursuit. 
Visa’s clearance of the regulatory hurdle will allow it to operate in China’s US$144 trillion payments market and marks the end to its years-long pursuit. 

Branded Content

Singapore’s cheque cut-off: Why this property player is switching to e-payments now

family buy new house
family buy new house

India built the world’s largest digital payments system for free. Now, it must protect it

A shop at a wholesale market in Delhi. A new fee set to be imposed on some Unified Payments Interface transactions in India has generated anger among merchants.
A shop at a wholesale market in Delhi. A new fee set to be imposed on some Unified Payments Interface transactions in India has generated anger among merchants.

While You Were Sleeping: 5 stories you might have missed, Sept 30, 2026

Payments giant Visa has open-sourced part of its AI-powered cyber defence system, amid AI models’ exposure of software vulnerabilities.
Payments giant Visa has open-sourced part of its AI-powered cyber defence system, amid AI models’ exposure of software vulnerabilities.

Visa joins growing alarm over AI-powered risks

Visa processes roughly a billion payments a day worth around US$15 trillion (S$19.2 trillion) a year, making it a key part of the world’s financial plumbing system.
Visa processes roughly a billion payments a day worth around US$15 trillion (S$19.2 trillion) a year, making it a key part of the world’s financial plumbing system.

Foreign cards to work on Seoul buses from 2027

Foreign visitors will soon be able to pay for rides by tapping their contactless credit or debit cards.
Foreign visitors will soon be able to pay for rides by tapping their contactless credit or debit cards.

Casinos posing as beauty salons spur Philippine digital payment review

The Philippines central bank will now require payment platforms to collect more information on merchants being linked up, including owner details and licenses.
The Philippines central bank will now require payment platforms to collect more information on merchants being linked up, including owner details and licenses.

Payroll system of mosques, madrasahs hit by ransomware; staff details potentially compromised

When contacted by ST, MUIS confirmed the incident involving a HR management system operated by Avelogic.
When contacted by ST, MUIS confirmed the incident involving a HR management system operated by Avelogic.

BRICS finance chiefs urge reform of global development financial institutions

Payment firms Visa, Mastercard and Ant International team up on AI agent trust framework

The initiative could help reduce integration costs and accelerate the launch of new agentic services.
The initiative could help reduce integration costs and accelerate the launch of new agentic services.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.