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BNPL market to hit $1.6t by 2034 on e-commerce and smartphone surge
BNPL market to hit $1.6t by 2034 on e-commerce and smartphone surge
The interest-free BNPL segment is expected to hit a CAGR of 23% through 2034.
3 hours ago
Hyundai Card debuts Apple Pay debit card
Hyundai Card debuts Apple Pay debit card
It enables users to pay by tapping their iPhone or Apple Watch.
6 hours ago
SMBC and Toshiba build quantum-driven Japan and US equity indices
SMBC and Toshiba build quantum-driven Japan and US equity indices
Stocks will be chosen and weighted using Toshiba’s quantum computer.
6 hours ago
Westpac lends A$1b to 2,100 women entrepreneurs over 3 years
Westpac lends A$1b to 2,100 women entrepreneurs over 3 years
Women-led businesses are starting and scaling up across Australia, said Westpac’s Paul Fowler.
6 hours ago
CommBank names UNSW’s Mary-Anne Williams as chief AI strategist
CommBank names UNSW’s Mary-Anne Williams as chief AI strategist
Wiliams will lead CommBank’s team of AI scientists.
6 hours ago
NAB refreshes app and internet banking
NAB refreshes app and internet banking
Around 98% of banking interactions in NAB are digital.
8 hours ago
Grab takes control of Indonesia’s Superbank via GXS transfer
Grab takes control of Indonesia’s Superbank via GXS transfer
The transfer will increase the group’s stake in the bank to over 50%.
9 hours ago
Mizuho Bank to become major shareholder of Rakuten Bank
Mizuho Bank to become major shareholder of Rakuten Bank
Rakuten Bank may acquire corporate loans originated by Mizuho Bank, amongst others.
1 day ago
MAS revokes BSQ payment licence over false disclosures and risk failures
MAS revokes BSQ payment licence over false disclosures and risk failures
BSQ provided false or misleading in material particulars, MAS said.
1 day ago
GXS Bank and Lion Global launch exclusive multi-asset fund
GXS Bank and Lion Global launch exclusive multi-asset fund
The fund has a “medium to high” risk level and is exclusively available at GXS Invest for now.
1 day ago
MUFG trims bond portfolio to limit losses but earnings slowdown looms
MUFG trims bond portfolio to limit losses but earnings slowdown looms
Its earnings growth is expected to slow to 5% from fiscal 2027.
1 day ago
Australia fines Snaffle A$33.5m as 38,000 contracts overcharged
Australia fines Snaffle A$33.5m as 38,000 contracts overcharged
Snaffle’s pricing charged between 88% and 103% in rates, over the 48% rate cap.
1 day ago
HK banks to gain on IPO surge and stabilising property market
HK banks to gain on IPO surge and stabilising property market
IPO applications in Hong Kong surged 61% in April compared to March.
1 day ago
Citi Korea posts strongest Q1 since 2018 as net income surges 61%
Citi Korea posts strongest Q1 since 2018 as net income surges 61%
Total revenues and net income rose by 23% and 61%, respectively.
2 days ago
SMBC, Fujitsu and SoftBank build platform to slash $31b in health costs
SMBC, Fujitsu and SoftBank build platform to slash $31b in health costs
They will create new businesses to streamline costs of prescriptions and treatments.
2 days ago
Forum
How will China’s bank restructuring law reshape the industry?
Stronger lenders may acquire stakes in weaker financial institutions.
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Lending & Credit
Australia rate hikes may slow lending at major banks
Refinancing activity could rise as borrowers search for cheaper mortgages.
1 day ago
Event News
Islamic Banking
BSN eyes retail and gold to push beyond mortgage-heavy roots
It is wading downstream from mortgages to lend to developers, hardware stores, and the likes.



Commentary
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Asia’s 20% advantage: The simplification strategy rewriting banking from Singapore to Shanghai
Perth is emerging as an unlikely testbed for the future of global finance