Asian Banking & Finance

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SMBC, Fujitsu Limited to create data analytics business
SMBC, Fujitsu Limited to create data analytics business
Japanese companies reportedly want data-driven operations to improve efficiency.
India’s credit card spend slumps 9% MoM to 7-month low
India’s credit card spend slumps 9% MoM to 7-month low
Whilst spending grew 12% YoY, the pace of growth has slowed compared to previous months.
CommBank establishes tech hub in Seattle
CommBank establishes tech hub in Seattle
The first cohort focuses on learning to fast track adoption of agentic AI and gen AI solutions.
MariBank launches remittance service for retail and business customers
MariBank launches remittance service for retail and business customers
Service is currently offered on an invite-only basis with 10 currencies and 13 destinations.
Philippine central bank eyes AI rules for banks
Philippine central bank eyes AI rules for banks
Artificial intelligence should not diminish banks’ responsibility to uphold data privacy.
SMBC inks MOU to explore commercialization of stablecoins
SMBC inks MOU to explore commercialization of stablecoins
They will explore technical, regulatory, and market infrastructure requirements for it.
ICBC’s risk diversification supports resilience amidst China’s slowdown
ICBC’s risk diversification supports resilience amidst China’s slowdown
Capitalization should be sufficient despite ICBC not being included in the first round of the government’s capital injection.

Exclusives

Banking Technology Philippine central bank eyes AI rules for banks
Artificial intelligence should not diminish banks’ responsibility to uphold data privacy.
Banking Technology RCBC boosts rural presence with ATM Go
The service, which allows cardless transfers, is now available in all Philippine cities.
BCA superapp drives digital transaction growth
Inter-account transfers were the most widely used service, followed by virtual payments.
Cash Management HSBC’s Yvonne Yiu says the future of payments is instant
She credits her propensity to ask questions for becoming one of HSBC’s top leaders.
Investment Banking Citibank’s Chia Seok Hoon is an advocate for her co-workers
It is important to focus on solutions rather than problems when dealing with adversity.
Retail Banking BEA’s Ivy Chan on managing banking risks and trade war shifts
She never saw her banking job as one with a bias for either men or women.
PH banks and insurers face MSME credit gap, AI fraud, climate risk
Nearly 8 in 10 MSMEs still face barriers to accessing loans, an expert said.

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