Asian Banking & Finance

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MUFG now Sakana AI’s largest Japanese investor
MUFG now Sakana AI’s largest Japanese investor
Its projects include an AI capable of rewriting its own code for self-improvement.
Australia’s Ubank surpasses 1 million customers
Australia’s Ubank surpasses 1 million customers
It has named social media, particularly Tiktok, as an acquisition channel.
Mizuho Bank speeds up ISO compliance, eases payment with Boomi
Mizuho Bank speeds up ISO compliance, eases payment with Boomi
With the online portal, firms can input payment instructions using both legacy and ISO 20022 formats.

Exclusives

Cards & Payments Banks see sharp drop in cheque use ahead of 2027 phaseout
More people are using e-payment solutions such as PayNow and FAST.
Lending & Credit Philippine credit confidence stalls amidst fraud worries
Borrowers view credit cards and personal loans as risky.
Wealth customers turn to private markets for higher returns
US tech firms are helping drive interest, said digital wealth firm StashAway.
ZA Bank CEO sharpens focus on wealth, digital assets
The digital lender plans to launch Hong Kong stock trading later this year.
Banking Technology Hong Kong eases info-sharing in banks’ anti-fraud push
The changes let banks share more information without fear of liability.
Lending & Credit GXS Bank expands SME lending after Validus acquisition
It’s also targeting Grab merchants and Singtel customers for financing.
BofA: Firms want cross-border payments without tech headaches
Bilateral corridors create as many problems as they solve.

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