Asian Banking & Finance

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Retail banks embrace social media and streaming to boost revenue
Retail banks embrace social media and streaming to boost revenue
One digital bank in Europe reported an ARR of $50m from “financial media networks.”
Philippine bank lending up 10.3% in October
Philippine bank lending up 10.3% in October
But loans to non-citizens saw a faster rate of decline during the month.
HSBC names Brendan Nelson as group chair
HSBC names Brendan Nelson as group chair
He will remain chairman of the group audit committee until February 2026.
Macau Pass and Alipay roll out tap-to-pay using mobile phones
Macau Pass and Alipay roll out tap-to-pay using mobile phones
Users will no longer need to scan a QR code, just tap their unlocked device in a terminal.

Exclusives

DBS sees tokenised finance as future
Regulatory uncertainty is the biggest barrier.
Cards & Payments Tencent’s TenPay Global opens WeChat mini programs to overseas wallets
Visitors from other countries may now use their homegrown wallets inside Mainland China.
DANA Indonesia launches verified digital wallet for teens
The move targets a group often overlooked in policy and product design.
Retail Banking CIMB's new card gives 114-day interest-free drawdowns to small businesses
It offers 114 days interest-free period for working capital loans.
Banking Technology Why SMBC launched an agentic AI startup in Singapore
Account opening may drop to two days and loan processing to five.
Cards & Payments DANA eyes wider ASEAN reach with cross-border payment push
It is broadening merchant acceptance both online and at physical points of sale.
Cards & Payments Banks see sharp drop in cheque use ahead of 2027 phaseout
More people are using e-payment solutions such as PayNow and FAST.

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