Asian Banking & Finance

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OCBC sets up securities financing unit to mobilise idle assets
OCBC sets up securities financing unit to mobilise idle assets
Customers have the chance to earn fee income from lending out their idle securities.
UOB logs ‘highest’ Copilot usage amidst 40-branch rollout
UOB logs ‘highest’ Copilot usage amidst 40-branch rollout
Specialised digital assistants now manage product inquiries across Singapore.
DBS faces credit cost spike on Autobahn exposure
DBS faces credit cost spike on Autobahn exposure
Singapore largest bank holds an estimated S$102.6m in loan exposure to the car leasing firm

Exclusives

Cards & Payments XTransfer targets $20t market with Alipay-style instant transfers
 Buyers and sellers can complete transfers 24/7 in as fast as 15 minutes.
Cards & Payments Visa urges banks to bridge data gap as payment choice surges
One bank doubled its cards in force and grew payment volumes by over 20%.
Financial Technology GFTN targets growth-stage fintechs with $200m fund
The focus will be on firms that have shown commercial traction and scale.
Banking Technology MUFG plans role-based AI for the workplace
Humans will remain in control.
Banking Technology Singapore keeps retail out of crypto for now
The central bank is unlikely to change its stance in the next two to three years.
Economy Hong Kong banks race to hire AI-ready talent as skill gap widens
Software development will be the biggest talent shortfall by 2030.
Banking Technology HSBC: Human oversight key as AI advances
AI tools should be deployed with strong oversight.

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