News

Wealth managers shift toward portfolio advice

Private markets and AI drive advisory overhaul.

Taiwan credit card spending drops $1b as holiday boom ends

January 2026 retail sales reached $13.44b, down from December’s $14.3b peak, FSC data shows.

Neema unlocks direct payment route to 1 billion Alipay wallets

Global banks can bypass China FX hurdles via Neema’s direct-to-Alipay wallet integration.

MAS bans 2 ex-relationship managers over money laundering case

They are each given prohibition orders of 16 years and 7 years, respectively.

KBank and Shizuoka mark 15 years of cooperation

The two banks have helped over 300 Japanese companies expand in Thailand.

ASIC cautions Aussie Gen Z about financial advice from socmed and AI

Trust from unreliable sources is contributing to riskier financial decisions, ASIC warned.

SMBC poaches BDO veteran to lead Philippine Corporate Banking

Maria Angelica Balangue brings 20 years of capital markets experience as she leads SMBC Manila.

Citi snaps up UBS franchise chief to lead ASEAN real estate

Indran Thana joins Citi Singapore as MD, bringing 16 years of UBS real estate experience.

Mastercard launches cross-border payments suite for Asia-Pacific SMEs

The platform allows SMEs to manage payments, collections, and expenses through a single touchpoint.

Aussie Big 4 banks raise home interest rates by 0.25%

ANZ, CBA, and NAB’s changes are effective 27 March 2026

Mastercard and Bank of Shanghai team up for China cross-border payments

It is expected to benefit SMEs and international students.

MUFG inks strategic partnership with the State Bank of India

They will help Japanese and Indian companies expand in India and globally.

Mastercard rolls out 400-restaurant gourmet program for elite cardholders

With a minimum spend, cardholders can avail credit or complimentary glasses of wine.

UnionPay rolls out products on the Way4 platform

UPI eyes more integrations in the near future.