APAC
Citi partners with Apollo to form $25b private credit
Citi partners with Apollo to form $25b private credit
The program will launch in North America; may expand to other markets in the future.
SmartStream unveils 9th version of Air offering for data management
It introduces two modules: Air Data and Air Cash.
MUFG Bank fined $1.75m for info management lapses
Sister firm MUMSS was separately fined $1.4m.
8 in 10 payment leaders eye tech overhaul, seek to reduce fraud
Leaders from Singapore and Australia name reducing fraud as a key objective.
Visa, dtcpay launch card enabling digital currency conversion
The card will be available for public registration in Q4 2024.
Citi Trust to be acquired by JTC
Citi Trust handles $70b of assets owned by UHNW clients.
Japan, Korea financial authorities hold in-person bilateral meeting
The two exchanged views about developments in their financial sectors.
Banks ‘underprepared’ for instant payments: report
Only 30% of APAC banks have a strong tech foundation for instant payments.
Standard Chartered names new CEOs for China, Vietnam units
Standard Chartered names new CEOs for China, Vietnam units
Tokenization of trade assets to bridge financing gap
Blockchain technology could decentralize finance operations and allow easier credit access.
Singapore, Hong Kong banks tap APAC family office boom
They can help manage costs, which could balloon to 3% of assets.
Health, retirement are affluent Asians’ top financial worries in 2024
Globally, 3 in 10 Baby Boomers surveyed are still behind their savings goals, says HSBC.
Citi nabs J.P. Morgan banker to head investment banking financing
Achintya Mangla is now in charge of financing duties for Citi’s global DCM, ECM, syndicate and private capital markets.
UnaFinancial reaches $2b in loan disbursements
At least 65% of its 17.7 million customers get another loan from them.
Banks must expand net zero targets, set clearer O&G goals: org
Japan, SoKor have yet to set medium and long-term targets aligned with a 1.5°C scenario.
Asia Pacific drives 54% of bancassurance market growth
The market is seen to expand by 6.74% this year.
Visa enables use of cards to pay in Cebu, Mandaue modern jeepneys
Commuters visiting the two Philippine cities can pay with their Visa cards in 140 modern jeepneys.
Thought Leadership Centre
Most Read
1. How digital payments are forcing QSRs to rebuild checkout and staffing 2. MariBank links remittances to Weixin Pay via TenPay Global 3. Japanese banks face bond yield shocks as yields hit 2.23% 4. DBS pilots Visa Intelligent Commerce for agent-initiated payments 5. BEA’s profit down 24% to $447.87m in 2025 as China losses mountResource Center
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Speakers from Kasikornbank, KPMG Thailand, Systemweb Technology, and Simon-Kucher will share their insights on the industry’s latest trends and challenges.
Commentary
Asia’s banks hold the mandate to innovate. Now they must earn it.
Why Asia's banks are rebuilding their credit infrastructure in 2026
Banks retreat, private credit advances: Asia Pacific’s quiet lending revolution
Human Sparsity Blockchain: A citizen-validated ledger for digital finance supervision
Will stablecoins disrupt the banking business?
Digital transformation starts with leadership