News
ASIC scam takedowns jump 90% as Australians’ losses hit $2.18b
ASIC scam takedowns jump 90% as Australians’ losses hit $2.18b
ASIC also took down over 1,100 online scam investment advertisements.
Why digital empathy is key to building a financial brand
Ipsos says lenders financial institutions now compete with best-in-class platforms across all industries
Standard Chartered unveils first-ever Global Fusion Centre in Malaysia
It is located in the bank’s Global Business Services hub.
Malaysia fines BKRM following cybersecurity breach
An external party gained unauthorised access to the bank’s IT infrastructure, the BNM said.
NAB ‘stress-tests’ 200,000 businesses as fuel costs surge
Fewer than 2% of calls to the business care team focused on fuel pressures.
Indonesia and South Korea link QR payments to bypass foreign exchange
Indonesia received 5.89 million inbound QR transactions in 2025.
Westpac urges greater social media accountability as personalised fraud spikes
The bank noted a sharp rise in “Hi Mum” and business email or invoice scams.
Bank of East Asia acquires additional floors in Shanghai tower office
It now owns about 85% of the BEA Finance Tower’s floor area, it said.
Dah Sing Banking Group profit up 20% to $316.45m in 2025
Contribution from the Bank of Chongqing climbed 8% during the year.
SCB allocates $539m to finance 9 green hotel projects in Thailand
These will be developed by seven hotel groups.
RBI bans non-deliverable INR derivatives
Authorised dealers may still offer deliverable FX derivative contracts.
MUFG breaks ground on new HQ with 2030 target completion
It will have a total floor area of about 169,000 square meters.
SMFG targets 15% ROTE with new medium-term plan and vision
It named IT transformation a major management priority.
Airwallex clinches e-money issuing and Class A licenses in Malaysia
The company plans to double its headcount in Malaysia.
Union Bank of Taiwan and Bank SinoPac enable JCB contactless payments
JCB cards can be used for public transportation in Japan and in overseas markets.
AEON Credit’s profit climbs 16.9% as impairments and costs fall
Sales growth was due to marketing programmes and tele-marketing activities, it said.
Philippine bank lending accelerates to 9.5% growth in February
Loans for residents and business activities expanded during the month.
Commentary
Perth is emerging as an unlikely testbed for the future of global finance
Buy now, worry later: The hidden cost of BNPL