APAC
HSBC plans to become top choice for VCs: report
HSBC plans to become top choice for VCs: report
It also plans to expand its focus to the Singapore market.
40% of APAC susceptible to scam, youth more vulnerable: Visa
The youth are 1.3 times more likely than older adults to have been victimised by scams.
Trust Is Key to Successful Digital Banking Services
Organisations in Singapore today understand that customers want convenience and a personal touch when interacting with them and utilising their services. This is especially true of the banking and insurance sectors.
Standard Chartered to cut jobs in Singapore, Hong Kong: report
The bank reportedly aims to save about $1.35b by 2024.
APAC real-time payments to grow 14% through 2027
Over 49 billion RTP transactions were made in APAC throughout 2022.
Alipay+ available to Asian tourists for Barcelona, Madrid Clarins purchases
About 60% of Clarins Spain shoppers are from Asian nationalities pre-pandemic.
Deutsche Bank announces two APAC M&A co-heads
The new appointees will report to the head of Investment Banking Coverage and Advisory, APAC.
Economic woes, higher rates weigh on Islamic banks’ financing growth
Indonesian banks may benefit from widening margins, however.
Visa taps seven APAC startups for digital payments innovation
Startup companies were chosen from India, Mainland China, Thailand, Singapore, and Germany.
Standard Chartered-FIS’ Worldpay to boost Straight2Bank Pay reach
This hopes to ramp up the bank’s functionalities to cater for businesses in Asia and other markets.
AT1 write-down ‘negligible’ to APAC banks, but should they still worry?
Analysts said APAC banks will suffer no direct impact from the Swiss bank but should keep an eye out on regulators.
Mastercard intensifies fraud protection measures for e-commerce sellers
About US$10.6b in fraud will potentially affect Asian merchants in 2023.
Acquisition of Citi’s ASEAN units to boost revenue: UOB
Total UOB cardholders in the region jumped 60% as of end-2022.
Amanda Lee named APAC head of third party manager solutions for Citi
All of Citi’s mutual fund sales team members in the region report to her.
Natixis CIB Global Markets Leadership Team branches out in Australia
Thomas Moffat and Oscar Austin have been chosen.
Modelling, simulation key to powering businesses forward in an everchanging macro-economic, geopolitical, and ESG landscape
Converging business with technology can improve profitability and performance.
Goldman Sachs shareholders call for bank to release net zero transition plan
The resolution is reportedly supported by 30% of shareholders.
Commentary
How alternative data lending is reaching Southeast Asia's unscored MSMEs
Asia is leading payments modernisation and banks can't afford to fall behind
Investing in an inefficient market
Platinum cards, paper-thin compliance?
Energy price volatility highlights structural gaps for managing FX risk in APAC