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UnionPay says mobile payment fraud on the rise in China

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 Insights

22-Jan-18 A UnionPay survey confirmed m-payments fraud in China is on the rise. Of those surveyed, 60% had been hit with a security threat related to mobile payments, including everything from information leaks to full attacks on systems. [image: UnionPay]

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Japan finally embraces alternative payments

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 Insights

18-Jan-18 Japan's smartphone penetration exceeds 70% and households using e-money exceeded 50% in 2017. Now, analysts are expecting a 20% increase in cashless payments as the labour shortage and a tourist influx drive money to cards and phones. [image: Nikkei Asian Review]

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Japan's chat app Line moves into financial services

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 Insights

18-Jan-18 Japanese company Line is adding a financial instrument trading feature to its messaging app, its latest move to broaden services for its 71 million monthly users. It will work with Folio, a Tokyo online securities brokerage. [image: Nikkei Asian Review]

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Can HKTV win Hong Kong e-commerce battle?

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 Insights

17-Jan-18 Hong Kong has been a laggard in latching onto the e-commerce trend, with leading online platforms Alibaba and Amazon currently grabbing most of the orders, but that hasn’t stopped local entity HKTV from throwing its hat into the ring. [image: HKEJ]

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Apple and Tencent reach deal to let WeChat users pay tips

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 Insights

16-Jan-18 Apple and Chinese technology giant Tencent Holdings have settled their disgreement over tips, allowing users of Tencent's popular WeChat messaging app to resume giving monetary gifts to their favorite video-streaming stars and content creators. [image: Christian de Looper / Digital Trends]

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