In Focus
APAC card payments markets to grow 4.3% to $24.7t in 2025
APAC card payments markets to grow 4.3% to $24.7t in 2025
South Asia and SEA countries are skipping cards for mobile wallets, however.
Less than half of Aussie firms adopting real-time payments: survey
About 2 in 3 believe that finance tech providers will shoulder the responsibility of assistance.
Banks miss $10t wealth opportunity by neglecting affluent women clients
Lack of women advisors and male-focused wealth servicing is hurting wealth managers’ long-term strategies.
Fintechs, banks unite for win-win
Changing markets are forcing them to forge mutually beneficial alliances.
Indonesian banks reap returns from IT investments
Bank Mandiri’s digital fee income grew by double digits.
Aussie banks launch digital locks versus online fraud
Cybercriminals now use AI and deepfakes to scam people.
Thai banks’ net profits rose 5% in Q1
For 2025, the banks are expected to report lower NIMs and a 1% loan contraction.
Tighter fintech watch likely after Chocolate Finance fallout
The central bank might impose reserve requirements to meet withdrawal demands.
Philippine central bank gears up for instant cross-border transfers
Monetary authorities in Asia are about to bring Project Nexus to market.
Wealth firms eye a slice of India's startup boom
The ultra-rich have started looking at small and mid-sized companies.
Thai banks not “materially” affected by Myanmar earthquake
It only brought limited property damage and business disruption to Thailand, Moody’s said.
Singapore’s financial sector turns to contract hiring for cost control
Hiring processes have become lengthier as employers consider cultural fit and regulatory compliance.
RCBC boosts rural presence with ATM Go
The service, which allows cardless transfers, is now available in all Philippine cities.
HSBC’s Yvonne Yiu says the future of payments is instant
She credits her propensity to ask questions for becoming one of HSBC’s top leaders.
Citibank’s Chia Seok Hoon is an advocate for her co-workers
It is important to focus on solutions rather than problems when dealing with adversity.
BEA’s Ivy Chan on managing banking risks and trade war shifts
She never saw her banking job as one with a bias for either men or women.
Lady bankers need work-life balance, says UOB’s Choo Wan Sim
The flight stewardess turned bank digital head also highlighted the importance of mentors.
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1. Union Bank of Taiwan and Bank SinoPac enable JCB contactless payments 2. Vietnam banks leverage data, AI, and digital trust to capture customers 3. SMBC sells MANUBANK’s commercial banking unit to US’ Bank of Hope 4. HSBC names new mainland China wealth heads 5. Finance sector ranks second in Singapore retrenchment rateResource Center
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