News
GCash PocketPay enables NFC devices to become payment portals
GCash PocketPay enables NFC devices to become payment portals
Any android device with NFC can accept contactless Visa and Mastercard payments.
8 in 10 Southeast Asians to use fintech services in the next 12 months
About 60% of respondents have used two or more fintech services.
AMINA HK can now offer crypto spot trading, asset safeguarding
Its services include 24/7 crypto spot trading, and crypto deposits and withdrawals.
TenPay Global unveils new e-wallet partners, expanded checkout service
Merchants in Singapore can directly accept payments from Chinese travellers.
VPBank names Felix Brill as head of international locations
Brill will be responsible for the client business in Switzerland, Luxembourg, and Singapore.
Alipay+ GlassPay verifies user identity with iris authentication feature
The glasses-embedded payment can counter fraud attempts in photos, videos, or masks.
Australia’s Ubank surpasses 1 million customers
It has named social media, particularly Tiktok, as an acquisition channel.
Indonesian banks, VinFast ink MOU to make EV ownership more accessible
They will develop attractive loan programs and develop faster credit approval processes.
Westpac to pilot new community banking service
The bank will invest over A$65m to modernize its regional network.
Business loans in Thailand set to expand in Q4: survey
Lenders are expected to be more cautious of small SME borrowers, however.
DBS, UnionPay unveil cashback and fee waivers for platinum debit cardholders
It aims to support growing economic exchanges between Singapore and China.
Ant International to use UBS’ blockchain platform for global treasury operations
The two companies will also explore joint innovations in tokenised deposits.
SMFG’s profit rose 28.72% to $6.04b in H1 FY2025
Its comprehensive income more than doubled during the period.
Mizuho Financial Group’s profit up 21.8% to $4.46b in H1 FY2025
Its comprehensive income rose 42.8% although ordinary income was 5.4% lower.
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.
Singapore vital in Southeast Asia’s digital economy: report
The city-state led in digital payments last year as the region’s economy is projected to reach $1.299t by 2030.
India’s FREEAI Framework sets new standards for ethical banking
Reserve Bank’s 26-point plan embeds trust and accountability at the core of financial AI innovation.
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02
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Asian Banking & Finance Fintech Awards 2025 Winner: Bhagavi Sridharan of Aditya Birla Capital Digital
Bhagavi Sridharan explains how the ABCD app offers a seamless, unified experience across diverse financial products.
Commentary
Thailand backs major conglomerates for digital banks but risks stifling innovation