APAC

Asia’s fintech transactions to reach $19t by 2025: UnaFinancial

Asian fintech transactions reached $16.8t in 2024, according to the report.

UBS net earnings dwindles to $5.1b in FY 2024, revenues up globally

Asia operations pencilled a profit before tax of $271m

Alipay overseas transactions spike 30% amidst new year festivities

Singapore registered the fastest growth of 56% YoY.

Leverage travel as a competitive advantage to strengthen customer engagement and loyalty

With travel increasingly becoming a priority for consumers in Asia Pacific, it presents unique opportunities for brands to build strong relationships with their most valued customers, differentiate from competition, and deliver measurable business impact.  

Most MSMEs in Asia seek bank loans first, but success rate remains low at 57%

Amongst all funding options, microfinance institutions had the highest success rate.

Financial fragmentation threatens bank profits and lending

Globally, it can lead to nearly 280 million fewer jobs by 2030.

Unlocking strategic value in maximising ROI: A key discussion with Cognizant

Gain insights into exploring strategies for optimising IT investments and cost intelligence from top leaders in the banking and financial services industry.

Visa’s net revenue up 10% to $9.5b in Q1; cash dividend is $0.59 per stock

It identified consumer payments and value-added services amongst its growth levers.

Bangkok Bank nets 8.6% net profit rise in 2024

It attributed this to the recovery of tourism and exports.

Deutsche Bank bullish on tech-driven sectors

Although, geopolitical tensions and trade policy shifts likely to add further uncertainty.

Firms turn cautious over gen AI amidst fears of obsolescence, fragmented regulations

Of 47 APAC jurisdictions, about 16 have AI regulations or guidance in place.

Financial firms plan cautious 2025 pay raises

Region-wide, planned budget increases averaged 5.2%.

StanChart unveils cross-currency transactional FX solutions suite

It offers FX payment services across 130 currencies in over 40 markets.

Vietnam meets with SoKor to diversify investment from state FX reserves

The central bank is also looking to strengthen its asset management capacity.