APAC

How commercial cards can redefine B2B payments

Over 8 in 10 bank execs believe that virtual cards improve organizational processes.

How commercial cards can redefine B2B payments

Over 8 in 10 bank execs believe that virtual cards improve organizational processes.

Cyber scams prompt behaviour change in 61% of users

Chubb says insurance can play a key role in digital payments.

Why do CFOs struggle with sustainability reporting requirements?

The study said 60% are unsure about the resources required to meet new reporting obligations.

Citi partners with Apollo to form $25b private credit

The program will launch in North America; may expand to other markets in the future.

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.