APAC

APAC banks and payments firms urged to prepare for quantum threats

Quantum computing may crack encrypted financial data.
4 days ago

BofA launches gen AI solution AskGPS using 3,200 internal documents

It is expected to help employees answer client queries faster.
4 days ago

Equinix’s Luke Lee highlights why interconnections is key to banking modernisation

Interconnected digital infrastructure is becoming the foundation for agility, compliance, and long-term competitiveness.
5 days ago

ING posts record half with US$78.8b in sustainable finance deals

APAC made up 13% of all transaction volumes, behind the EMEA and Americas.
6 days ago

Swift developing new retail payment rules to improve cost clarity

Banks from 17 countries will work with Swift to set the retail rules.

Firms need to hire ‘intellectually curious’ talent to boost cyber defence

They also need to invest strategically in security and adapt culture from the top down, experts said.

Simon-Kucher expert says Asia’s banks overspend with blanket deposit pricing

Most institutions simply follow central bank moves, offering the same rates to broad customers.

How can banks use AI and digital rails to cut trade finance inefficiencies?

It can reduce compliance burdens, but only if they are designed to be simple, trusted, and interoperable. 

How Citi Wealth uses AI for insights to support, not replace advisors

Research shows that 70% of wealth managers believe AI enhances.

Why banks see AI as a shift from product selling to service

There has been a notable 80% reduction in contact centre handling times. 

APAC banks lag in hyper-personalisation despite predictive analytics use

Just 11% of execs described their hyper-personalisation strategies as “highly advanced”

HSBC rolls out cross-border tokenised deposit service

TDS has completed its first USD cross-border transaction between Hong Kong and Singapore.

MoneyHero Group returns to quarterly profitability in Q2 2025

Platform membership grew 33% whilst EBITDA loss improved as well.

APAC instant payments value to reach $170.2b in 2029: GlobalData

China, Japan, South Korea, and India are leading the way.

Singapore and Hong Kong enhance banking supervision cooperation

It enhances supervision of cross-border operations of banks under their purview.