What's New in Payments

More than half of Asia Pacific consumers make digital payments at least once a week

Survey graph showing percentage of Asia Pacific consumers making digital payments on named devices

Nine in 10 consumers in the Asia Pacific region have used mobile payment apps at least once during the past 12 months, while more than half have used digital payment methods at least once a week and a sixth have made a digital payment for the first time since the beginning of the Covid-19 pandemic (15%), according to research published by Kaspersky... More


One in four banks find it difficult to verify the identity of online banking customers

One in four banks find it difficult to verify the identity of online banking customers — Kaspersky Lab — “According to the research, in 2016, 30% of banks have had security incidents affecting banking services delivered via the internet — with phishing against customers, and using customer credentials for fraudulent activities, as the top contributing factor leading to the attacks.”