APAC
Ant International joins SWIFT program exploring cross-border treasury mgmt
Ant International joins SWIFT program exploring cross-border treasury mgmt
The program explores business scenarios on cross-border end-to-end transactions.
Asian banks score poorly in accountability mechanisms: survey
Across four key areas, the banks scored 3.5/10 on average.
Standard Chartered eyes $200b in net new money in next five years
The bank plans to expand its relationship manager team by 50%.
ING names Deepali Bhargava as head of research, APAC chief economist
Bhargava joins from Kohlberg Kravis Roberts & Co.
Deutsche Bank unveils Merchant Solutions in Australia, India, Indonesia, and SoKor
It is a global payment acceptance platform that gives access to local payment methods in a market.
Global body eyes broader use of unique ID by SMEs
Cross-border payments, supply chain and trade, and ESG will drive greater adoption.
Mastercard, ADB promote financial inclusion in APAC MSMEs
Mastercard’s fund is allotting $5m to the ADB.
Financial crimes to continue to squeeze bank profits
More sophisticated crooks and stricter rules are expected to increase compliance costs.
Asia’s finance leaders put transformations on hold due to cost challenges
Cost allocation remains a key focus for finance leaders in 2024.
Up to $50b of wholesale banks’ revenues at risk
But there’s about $15b in additional revenue up for grabs through 2027.
Patents for 3D secure transactions nearly double in 2023
Payment entities are looking to strengthen their security to combat online threats.
Private fund tokens may be the future of investing
Kinexys seeks to keep a token’s sensitive financial information from prying eyes.
Few banks capture tech spending benefits: report
Global tech spending on banking hit $650b in 2023, but few benefitted.
Mongolian banks to benefit from government’s improve support capacity
Eight banks retained their stable outlooks, according to Moody’s Ratings.
WealthTech Endowus breaks US$7b mark in assets under advice
Its Private Wealth client offering has surpassed US$2b in assets managed.
Global banks’ credit losses expected to rise by 7% in 2025
About 80% of global banking groups have stable rating outlooks.
APAC’s affluent move $700b to digital wealth management
These firms are adopting hybrid models that combine digital tools with limited human assistance.
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Asian Banking & Finance Fintech Awards 2025 Winner: Bhagavi Sridharan of Aditya Birla Capital Digital
Bhagavi Sridharan explains how the ABCD app offers a seamless, unified experience across diverse financial products.
