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Mizuho clarifies ‘no decision yet’ on Rakuten Bank investment
Mizuho clarifies ‘no decision yet’ on Rakuten Bank investment
Rakuten Bank said that Mizuho “has not made any decision” regarding the investment.
9 hours ago
National Australia Bank buys A2A payment company Banked
National Australia Bank buys A2A payment company Banked
NAB will fully integrate Banked in the coming months.
11 hours ago
ASIC holds $1.93b in unclaimed funds from old financial accounts
ASIC holds $1.93b in unclaimed funds from old financial accounts
The largest single amount currently unclaimed is around $927,000 (A$1.3m).
12 hours ago
Citi promotes Sutida Tambunlertchai to head commercial banking in Thailand
Citi promotes Sutida Tambunlertchai to head commercial banking in Thailand
Citi has announced a slew of appointments over the past month.
3 days ago
Danamon and MUFG Indonesia explore potential integration by 2027
Danamon and MUFG Indonesia explore potential integration by 2027
The integrated bank will remain a consolidated subsidiary of MUFG Bank.
3 days ago
Philippine cash remittances up 2.8% to $8.68b in Q1
Philippine cash remittances up 2.8% to $8.68b in Q1
The US remains the top source of cash remittance.
3 days ago
BSN eyes retail and gold to push beyond mortgage-heavy roots
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.
4 days ago
SMFG logs record profit of $10.02b in FY3/2026
SMFG logs record profit of $10.02b in FY3/2026
The Japanese megabank aims for a $10.7b net profit for FY3/2027.
4 days ago
SMFG launches shareholder benefit program ahead of 2-for-1 stock split
SMFG launches shareholder benefit program ahead of 2-for-1 stock split
They will be granted up to JPY30,000 worth of rewards points, amongst other perks.
4 days ago
Raise Financial acquires GILB in $15m bet to build direct insurance platform
Raise Financial acquires GILB in $15m bet to build direct insurance platform
Raise said that it has received all required regulatory approvals to acquire GIBL.
4 days ago
Insurance growth strains trust at claims stage
Insurance growth strains trust at claims stage
Claims delays reshape customer loyalty patterns in Indonesia insurance sector.
5 days ago
Indonesia's financial sector urged to shift from expansion to resilience
Indonesia's financial sector urged to shift from expansion to resilience
The country’s 5% growth is no longer a green light for risk-taking, an economist warns.
5 days ago
Citi targets APAC insurance investments with new senior hires
Citi targets APAC insurance investments with new senior hires
They have poached two BofA bankers to help lead its FIG group.
5 days ago
Banks and insurers must chase AI value creation, not cost savings
Banks and insurers must chase AI value creation, not cost savings
They should consider AI as an operating system by itself, not whether it can write them a system.
5 days ago
Forum
How will China’s bank restructuring law reshape the industry?
Stronger lenders may acquire stakes in weaker financial institutions.
How can Thai banks close the gap in wealth fee income?
KBank and SCB are best placed in wealth services with digital tools and segmentation.
How can foreign ownership shape India’s financial institutions?
Capital access may improve but credit impact depends on risk discipline and governance.
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Retail Banking
Standard Chartered and A*STAR lab to boost wealth, battle fraud.
The $11.7m tie-up with A*STAR brings together 10 A*STAR researchers to explore wealth support and fraud control.
Financial Technology
HitPay eyes bigger share of traveller payments via QR
![HitPay eyes bigger share of traveller payments via QR]()
Borderless QR lets tourists pay in home wallets with local settlement.
Cards & Payments
Banks lag tech firms in driving credit card use
![Banks lag tech firms in driving credit card use]()
Delayed rewards and weak reminders leave cardholders disengaged.
HSBC unveils biggest wealth centre in Singapore
![HSBC unveils biggest wealth centre in Singapore]()
Wood, stone, and textured fabrics with layered lighting create a private space.
Cards & Payments
SWIFT payment framework targets clearer fees and faster tracing
![SWIFT payment framework targets clearer fees and faster tracing]()
More than 50 banks back changes that rely on existing systems.
Retail Banking
Foreign owners scale digital credit via Philippine rural banks
![Foreign owners scale digital credit via Philippine rural banks]()
Digital lending models are stretching the rural banking mandate.
Banking Technology
Japanese banks bet billions on Indian finance, tech growth
![Japanese banks bet billions on Indian finance, tech growth]()
GFTN is working with both sides on talent, technology, and market access.
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Event News
It is wading downstream from mortgages to lend to developers, hardware stores, and the likes.
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Most Read
1. Payment failures cost Singapore merchants $12b annually 2. Singapore's big 3 banks pivot to wealth as margins shrink 3. Citi targets APAC insurance investments with new senior hires 4. OCBC and Australian High Commission sign 5-year pact to boost SEA–Australia trade 5. Banks and insurers must chase AI value creation, not cost savingsEvent News
It is wading downstream from mortgages to lend to developers, hardware stores, and the likes.
Commentary
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