APAC

What's in store for payments in 2025?

What's in store for payments in 2025?

In emerging markets, digital wallets are evolving into bank account substitutes.
15 hours ago

Asian banks face profit strain in 2025

Falling interest rates could heighten some lenders’ appetite for risk.
20 hours ago

Banks may be ill-equipped for demands of real-time payments

Stronger fraud prevention and anti-money laundering measures are needed.
1 day ago

Financial services professionals more optimistic about bonuses in 2025: report

The largest expected bonus increases are projected for professionals in private credit. 
1 day ago

167 financial services firms adopt AI initiatives: report

Nearly 80% financial services companies have launched at least one AI initiative.
1 day ago

Innovative approaches to IFRS 9 Compliance: Bridging finance and risk with subledger accounting

The combined expertise of SAP Fioneer and Grant Thornton has brought to light strategies for financial institutions to enhance credit risk assessment and bridge gaps between finance and risk management.

How much do Malaysian FI boards really cost?

Board chair retainer fees were typically 1.3 to two times higher than other board members.
3 days ago

PCG, Black Bear Merchant Services team up to launch AbbyPay

It plans to expand to Japan, Singapore, Malaysia, and Thailand.

Brace for ‘volatile’ credit conditions in APAC for 2025: expert

Lenders may turn more risk-averse and seek higher premia.

JCB, AEON, and Biznet launch co-branded credit card

The credit card will offer exclusive discounts and cashback.

What are the must-have banking features by 2027?

Over 60% of respondents in Australia, China, and India find credit-building tools to be useful.

United Overseas Bank hailed at ABF Retail Banking Awards 2024 for trailblazing performance

Its strengthened franchise brings unrivalled regional perspective and reach to customers.

IFC, HSBC team up to introduce $1b risk-sharing facility

It is part of IFC's Global Trade Liquidity Programme.

Airwallex reports double-digit revenue, transaction growth for Q3

It expanded its startup and investment platforms in 2024.

Bank of America’s CashPro app set to hit $1t in payment approvals

The platform is reportedly used by around 40,000 companies globally.

VCs invest $31.1b in fintech companies in 2024

Enterprise software companies and health companies got the most investments.

Hong Kong central bank warns against unauthorized finance firm

The firm reportedly does not have authorization to take deposits.