Asian Banking & Finance

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OCBC adds 8 SEA e-wallets in digital app
OCBC adds 8 SEA e-wallets in digital app
Customers in Singapore can now directly transfer money to 10 e-wallets.
ZA Bank’s stockback car has awarded HK$2.5m in rebates
ZA Bank’s stockback car has awarded HK$2.5m in rebates
This shows that the public is willing to step out outside traditional rebate models.
2 in 3 Singaporean retail investors now hold crypto: survey
2 in 3 Singaporean retail investors now hold crypto: survey
Whilst ownership is more common, allocations remain cautious, it said.
Fubon Bank to sustain retail deposit growth and buffers
Fubon Bank to sustain retail deposit growth and buffers
The bank’s loan-to-deposit ratio has improved and is below the industry average.
MUFG now Sakana AI’s largest Japanese investor
MUFG now Sakana AI’s largest Japanese investor
Its projects include an AI capable of rewriting its own code for self-improvement.
VPBank names Felix Brill as head of international locations
VPBank names Felix Brill as head of international locations
Brill will be responsible for the client business in Switzerland, Luxembourg, and Singapore.

Exclusives

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.
Lending & Credit Philippine credit confidence stalls amidst fraud worries
Borrowers view credit cards and personal loans as risky.
Wealth customers turn to private markets for higher returns
US tech firms are helping drive interest, said digital wealth firm StashAway.
ZA Bank CEO sharpens focus on wealth, digital assets
The digital lender plans to launch Hong Kong stock trading later this year.
Banking Technology Hong Kong eases info-sharing in banks’ anti-fraud push
The changes let banks share more information without fear of liability.
Lending & Credit GXS Bank expands SME lending after Validus acquisition
It’s also targeting Grab merchants and Singtel customers for financing.

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