To help businesses, communities and retail clients impacted by COVID-19, or the coronavirus, Asian financial services group DBS said in an announcement that it will roll out liquidity relief, among other measures. The bank said it will offer a “six-month principal repayment moratorium” for small...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes United Overseas Bank Limited (UOB) and Razer Inc. teaming up to launch Razer Pay in Singapore. In addition, the U.K.’s TrueLayer has secured a new round of funding, while Lativa’s Robo.cash...
Visa has rolled out its tokenization service in Asia-Pacific. The company announced yesterday (Dec. 14) that Visa Token Service has launched in the region and that United Overseas Bank (UOB) is the first bank to implement it. A press release notes that Visa Token Service,...
January 14, 2022
Citi has closed a $3.7 billion deal to sell its consumer banks in Indonesia, Malaysia, Thailand and Vietnam to Singapore’s United Overseas Bank (UOB), including retail banking and credit cards but excluding Citi’s institutional businesses, according to a Thursday (Jan. 13) press release. Roughly 5,000 consumer bank and supporting employees are anticipated to transfer to […]
December 15, 2015
Visa has rolled out its tokenization service in Asia-Pacific. The company announced yesterday (Dec. 14) that Visa Token Service has launched in the region and that United Overseas Bank (UOB)...
