News

India’s consumer loan market to reach $1t in 2029

India’s consumer loan market to reach $1t in 2029

Increased disposable income is driving demand for housing, vehicles, and durables.

UOB enables cardholders to redeem rewards at Johor merchants

They can offset bills using their rewards points.

ZA Bank logs interim net profit of HK$49m in H1 2025

Net revenue rose 82.1% and net interest income rose 42.8%, the digital bank said.

MoneyHero relocates Philippine office

About 24% of its unique users monthly are from the Philippines.

HSBC Hong Kong names Industrial Bank as third Mainland WMC partner

HSBC’s Southbound offering includes more than 200 products.

Visa appoints Elaine Chang as group general manager in greater China

Chang previously served as president of Amazon China.

Philippine central bank to halt new digital bank license applications

Applicants have until 30 November 2025 to submit complete applications.

ING posts record half with US$78.8b in sustainable finance deals

APAC made up 13% of all transaction volumes, behind the EMEA and Americas.

UOB teams with CS CDC to deliver financial literacy to SG residents

They will hold workshops and publish financial literacy content.

AI and tokenisation disrupt finance as risks rise

KPMG urges firms to modernise compliance and culture for digital transformation.

Supply chain shifts force Asia finance overhaul

Corporates are forging new regional and digital partnerships as Asia Pacific supply chains diversify beyond China.

Swift developing new retail payment rules to improve cost clarity

Banks from 17 countries will work with Swift to set the retail rules.

Westpac launches SafeBlock in online banking platform and app

Scam losses have reportedly fallen 19% in 2025 so far.

Hong Kong and China expand Northbound Swap Connect to US$6.3b

It also expanded the list of dealers and is expanding repo business activities.