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XTransfer targets $20t market with Alipay-style instant transfers
XTransfer targets $20t market with Alipay-style instant transfers
Buyers and sellers can complete transfers 24/7 in as fast as 15 minutes.
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%.
GFTN targets growth-stage fintechs with $200m fund
The focus will be on firms that have shown commercial traction and scale.
MUFG plans role-based AI for the workplace
Humans will remain in control.
Singapore keeps retail out of crypto for now
The central bank is unlikely to change its stance in the next two to three years.
Hong Kong banks race to hire AI-ready talent as skill gap widens
Software development will be the biggest talent shortfall by 2030.
HSBC: Human oversight key as AI advances
AI tools should be deployed with strong oversight.
DBS sees tokenised finance as future
Regulatory uncertainty is the biggest barrier.
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.
CIMB's new card gives 114-day interest-free drawdowns to small businesses
It offers 114 days interest-free period for working capital loans.
Why SMBC launched an agentic AI startup in Singapore
Account opening may drop to two days and loan processing to five.
DANA eyes wider ASEAN reach with cross-border payment push
It is broadening merchant acceptance both online and at physical points of sale.
Banks see sharp drop in cheque use ahead of 2027 phaseout
More people are using e-payment solutions such as PayNow and FAST.
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.
Commentary
Asia is leading payments modernisation and banks can't afford to fall behind
Investing in an inefficient market
Platinum cards, paper-thin compliance?
Energy price volatility highlights structural gaps for managing FX risk in APAC
Asia’s electronic markets reach an inflection point of transformation
Tokenisation in the Philippines: The consumer is ready, but is the infrastructure?