News

Singapore and Japan renew bilateral swap arrangement

They can exchange local currencies of up to S$15b or JPY1.1t.

CIMB’s net profit up 2.34% to $502.6m in Q3

Non-interest income rose by over 20% during the quarter.

OCBC to enable scan and pay on all China merchant QRs by Q1 2026

By then, OCBC app users can pay via Alipay, Weixin Pay, and UnionPay.

ICBC to meet increased capital req’s after G-SIB upgrade: S&P

Its 21.52% TLAC already exceeds the new minimum requirement

Australia’s new mortgage caps unlikely to hit bank credit growth

The new limit may mitigate risks of significant increases in household debt.

Brand reputation, transparent fees drive trust in fintech platforms

Respondents from four SEA countries now somewhat or highly trust fintechs.

GoTyme Bank rolls out crypto investment services in the Philippines

Customers can invest in 11 cryptos without registering on a third-party platform.

Malaysia’s GXBank facilitated 220 million transactions in 2025

The bank has also disbursed about MYR25m to MSMEs via GX FlexiLoan.

OxPay clinches licence in Bhutan, will launch crypto B2B payments

It is setting up a subsidiary in Gelephu Mindfulness City.

Bank of East Asia extends Tai Po branch’s business hours

It will be open until 6PM on November 27-28, 2025.

AI trust gap threatens banks’ responsible adoption

Financial institutions confront rising risks from untested and opaque AI systems.

GenAI pressures overhaul banks’ data foundations

Financial firms race to strengthen data quality and governance.

AI disruption accelerates Southeast Asia’s telecom shift

Regional telcos turn to AI to boost efficiency and revenue.

UOB scales innovation to strengthen regional competitiveness

UOB’s Innovation Group is driving bank-wide adoption of AI, blockchain, and productivity-boosting tools.