APAC
Digital apps now most preferred remittance channel
Digital apps now most preferred remittance channel
Banks, fintechs, remitters told to take note as it will shape customer expectations.
How is tokenisation reshaping cash management solutions?
HSBC and Citi allow 24/7 money transfers using the tech.
Airwallex crosses $200b in annualized transaction volume
It is gearing up to roll-out its point-of-sales (POS) terminals.
Fintech investments and deals slow to $44.7b in H1 2025
But the digital assets space has amassed nearly equal to its total 2024 investments.
SoKor, Vietnam central banks ink MOU to strengthen cooperation
It specifies areas of cooperation in greater detail, the BOK said.
Alipay+ links with Kaspi.kz for cross-border payments in Kazakhstan
12 Alipay+ e-wallets can now scan-to-pay via Kaspi QR.
Citi names Jig Patel as head of prime finance for JANA and Asia SouthB
Patel will be based in Hong Kong.
Late payments, bad debts drag on Asia’s B2B trade flows: survey
An average of 44% of B2B credit sales are affected by late payments, it found.
Commercial lending to reach $29.37b by 2030
Access to large sums of money, shorter application processes, and low interest rates boosted its growth.
Fintech funding hits $11b in Q2 as average deal-sizes hit two-year high
Mega rounds surged to its highest in three years.
Banks explore stablecoins as digital currency gains traction
The future of banking deposits is changing due to the growth of stablecoins.
How stablecoins may challenge the traditional payments’ status quo
Stabelcoin transaction volume has exceeded $27t per year, according to official data.
Banks target 2030 cost cuts through transformation efforts
About 1 in 3 see embedding AI as a way to transform their organizations.
Islamic finance market to be valued at $7.7t in 2033
The global market was $2.5t in 2023, according to Allied Market Research.
Auto finance market to be valued at $5.6t by 2031
The passenger vehicles segment held the largest share of revenue in 2021.
Citi expands JANA and Asia South teams with new senior hires
In-house banker Adrian Khoo has been named co-head of DCM for JANA and Asia South.
Citi expands tokenisation, real-time tools for corporate treasuries
Its suite of digital services optimises cash positioning and cuts operational friction.
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