News
SMFG’s profit rose 28.72% to $6.04b in H1 FY2025
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.
Why banks must act fast on quantum threat
The financial cost of delay would be roughly 2.5% of the information technology budget.
Why AI governance is a key priority for financial institutions
MAS recently released its guidelines on AI risk management.
India’s digital public infrastructure gains traction in Global South
The model uses public digital rails to help governments deliver services at scale.
Payment leaders push for interoperability to solve SME cash flow
Bridging the gap requires a regulatory framework to achieve finality in payments.
Foreign institutions pursue market entry as Japan strengthens fintech rules
Reliability defines Japan’s fintech advantage in Asia
Finance leaders flag governance risks with fast growing fintech systems
Finance leaders discuss macroeconomics, AI, new forms of money, policy sustainability, and more.
Paytm tests AI-powered POS device for merchant performance insights
Merchants in India tested the tool, often using it for real-time translation.
TNG eWallet, easypasia enhance customer service with Alipay+ genAI platform
They will offer tailored product recommendations and timely reminders.
Western Union and TenPay Global launch co-branded store in Singapore
The two are partnering to bring an omni-channel remittance experience.
MAS, Bundesbank agree to deepen cooperation on tokenised payments
It aims to create new settlement solutions that reduce the costs and processing times of cross-border payments.
Central banks trial real-time cross-border FX settlement system
A key focus is enabling atomic settlement for Payment versus Payment (PvP) FX trades.
Fintech leaders urge unified standards as digital payments stay fragmented
Developers face incompatible payment systems across providers.
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1. DBS sees tokenised finance as future 2. Tencent’s TenPay Global opens WeChat mini programs to overseas wallets 3. Here are five ways banks can use agentic AI 4. Citi names Minh Ngo as Citi Country Officer & Banking Head in Vietnam 5. Payment Options secures in-principle approval for MPI licence in SingaporeResource Center
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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.
