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Travel
Singapore's globetrotters spent $8.4 bil on travel in 2018
SINGAPORE (July 30): Despite a tiny population of just over 5.6 million, Singapore last year accounted for 1% of all international arrivals to the top 200 tourism cities in the world – contributing US$6.1 billion ($8.4 billion) to total travel expenditu
July 30, 2019
Startups, Entrepreneurs, Digital economy
New UOB-Mastercard partnership targets SMEs with free golf club access, hotel & dining perks
SINGAPORE (May 28): United Overseas Bank (UOB) and Mastercard today announced the launch of the UOB Regal Business Metal Card, the region’s first World Elite Mastercard metal card for small- and medium-sized enterprises (SMEs).
May 28, 2019
Commentary
Data: Whose business is it?
SINGAPORE (Apr 15): A year and a half ago, Tony Fernandes, CEO of the wildly successful low-cost carrier AirAsia, talked about data as “the new oil”, and revealed plans to use data and machine learning to customise the pricing of air tickets and ancil
April 15, 2019
Disruption and Digitalisation
Grab inks prepaid card deal with Mastercard
SINGAPORE (Oct 25): Singapore-based Grab has partnered payments processor Mastercard Inc to issue prepaid cards tailored to Southeast Asian consumers, extending the use of Grab’s digital wallet and helping its unbanked users transact online.
October 25, 2018
Tech
Google and Mastercard cut a secret ad deal to track retail sales
(Aug 31): For the past year, select Google advertisers have had access to a potent new tool to track whether the ads they ran online led to a sale at a physical store in the US. That insight came thanks in part to a stockpile of Mastercard transactions th
August 31, 2018
4 favourite destinations for leisure tourism in Asia Pacific: Mastercard survey
SINGAPORE (June 20): Mastercard has released findings from its 2018 Global Destination Cities Index (GDCI): Play study, which measures international destinations with the highest concentration of visitors traveling for relaxation and leisure, instead of b
June 20, 2018
Bank of China partners Qoo10 to launch credit card for online shoppers
SINGAPORE (May 22): Bank of China has launched a co-brand Mastercard credit card with Singapore online retailer Qoo10 -- said to be the first-ever partnership between a bank and e-retailer locally.
May 22, 2018
Fintech
EZ-Link, Mastercard among consortium formed to implement interoperable local QR payments
SINGAPORE (Jan 25): A consortium of seven mobile wallets, acquirers and payment networks has been formed to enable interoperable quick response (QR) payments in Singapore for both consumers and merchants.
January 25, 2018
Small, island nations like New Zealand lead the digital pack
(July 13): Larger economies may be in danger of losing the digital race to smaller and more nimble nations.
July 13, 2017
Global Markets
Visa's profit, revenue tops estimates on payment volume growth
BENGALURU (Feb 3): Visa Inc, the world's largest payments network operator, reported better-than-expected quarterly profit and revenue as more people made payments using its network.
February 03, 2017