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The remaining management committee members are: Jean Drouffe (AXA), Raymond Ong (Etiqa) and Andrew Yeo (NTUC Income).
According to LIA Singapore, this year’s management committee will focus on boosting consumer protection, sustainability and digitalisation in the industry, as it seeks to assist Singapore’s recovery from the effects of the COVID-19 pandemic.
To ensure the utmost security of customer data, LIA Singapore said it will continue to work closely with the Monetary Authority of Singapore (MAS) and other regulators to develop and strengthen industry best practices. The association will also prioritise the upskilling and reskilling of workers as insurers meet increased
The hype train for buy now, pay later (BNPL) continues to pick up steam as consumers seek shopping alternatives during the pandemic – could this emerging payment option be a credit card killer?
While flexible payments are something that all generations can get behind, younger consumers in particular are drawn toward simple payment processes and behavioural shifts away from traditional credit cards.
As a way to better understand usage, experiences, and trust surrounding BNPL, The Strawhecker Group (TSG) surveyed over 1,500 US consumers in February. Check out some highlights below and download the infographic to get a better understanding of
Australia’s eftpos has released details for a national QR code payments network rollout, which aims to provide Australian consumers and merchants with a data-rich payments experience online, on mobile or at POS.
eftpos aims to have the QR code payments network in trial by mid-year, designed to be low cost and facilitate many value added opportunities for merchants and consumers.
It is intended to seamlessly link loyalty, offers, receipts and more, while also driving deeper customer engagement. The national rollout is expected to be completed in 2022.
eftpos CEO Stephen Benton said the