News
Wise launches in the Philippines with fee-free money transfer service
Users can receive and spend money internationally and create up to 3 cards.
7 minutes ago
Wise launches in the Philippines with fee-free money transfer service
Users can receive and spend money internationally and create up to 3 cards.
7 minutes ago
Mizuho allots $12.95b to finance hydrogen production
The bank noted hydrogen as “key” to decarbonisation of various sectors.
1 hour ago
Alipay+ and Thai tourism body launch D-Hub program for Chinese tourists
Over 2.35 million Chinese tourists visited Thailand in January to April 2024.
1 hour ago
DBS Hong Kong, Sun Hung Kai subsidiary unveil green payments
The supplier payment services are for Hong Kong’s construction industry.
2 hours ago
Mizuho’s net income climbs 22% to $4.39b in FY2023
An annual dividend of JPY105 per share has been announced.
2 hours ago
SGX FX onboard Rand Merchant Bank on buyside platform
RMB will offer liquidity services to the OTC FX buyside platform.
2 hours ago
Low carbon push adds $8.4b addt'l revenue for APAC banks
Between 2031 to 2050, APAC banks will likely
2 hours ago
Only 60% of financial firms have cyber risk plans
The survey also revealed the top 10 business risks institutions are facing.
6 hours ago
UOB appoints Mark Tan as head of internal audit in Hong Kong
Tan will oversee all audit functions for UOB Hong Kong.
7 hours ago
APAC leads global surge in digital wallet adoption
Digital wallets in Asia-Pacific outpace global usage, driven by ecosystem integration, financial inclusion, and technological innovation.
23 hours ago
Japan’s MUFG invests $5.9m in Hitachi to launch 1,000 e-buses in the UK
The two will make business models enabling operators to clinch EV funding.
1 day ago
India’s central bank names new executive director
Shri R. Lakshmi Kanth Rao was previously a head at the department of regulation.
1 day ago
Chinese banks’ net profits down 0.81% in Q1
Fees contracted for the first time in 5 years a quarter earlier.
1 day ago
Japan’s Sumitomo Mitsui mulling stock split
It has not yet decided whether to push through or not, however.
1 day ago
Sumitomo Mitsui Card offers 1.98% merchant fees to SMEs
SMEs in Osaka will also be able to avail of an android terminal for free.
1 day ago
South Korea warns against loan scams using voice phishing
Such scams are expected to rise with banks’ launching assistance programs.
1 day ago
Household loans by South Korean banks rise in April
A series of IPOs in April and May helped push up credit loan volumes.
2 days ago
Commentary
Generative AI’s role in the evolution of banking