APAC
Simon-Kucher expert says Asia’s banks overspend with blanket deposit pricing
Simon-Kucher expert says Asia’s banks overspend with blanket deposit pricing
Most institutions simply follow central bank moves, offering the same rates to broad customers.
How can banks use AI and digital rails to cut trade finance inefficiencies?
It can reduce compliance burdens, but only if they are designed to be simple, trusted, and interoperable.
How Citi Wealth uses AI for insights to support, not replace advisors
Research shows that 70% of wealth managers believe AI enhances.
Why banks see AI as a shift from product selling to service
There has been a notable 80% reduction in contact centre handling times.
APAC banks lag in hyper-personalisation despite predictive analytics use
Just 11% of execs described their hyper-personalisation strategies as “highly advanced”
HSBC rolls out cross-border tokenised deposit service
TDS has completed its first USD cross-border transaction between Hong Kong and Singapore.
MoneyHero Group returns to quarterly profitability in Q2 2025
Platform membership grew 33% whilst EBITDA loss improved as well.
APAC instant payments value to reach $170.2b in 2029: GlobalData
China, Japan, South Korea, and India are leading the way.
Singapore and Hong Kong enhance banking supervision cooperation
It enhances supervision of cross-border operations of banks under their purview.
Ant International recognised as inaugural Foreign Institution Partner by China’s cross-border interconnection payment gateway
Ant is the largest player in the CPG scheme in terms of coverage, use cases, and business volume.
HSBC Private Bank rolls out gen AI platform for wealth management staff
It summarises the bank’s research reports and external news feed.
Alipay+ Voyager customers can book Grab rides in their e-wallets
The service is available to users of Alipay, AlipayHK, and GCash.
China and Indonesia pilot cross-border QR payments
Selected users from China can now make QR payments in Indonesia using UnionPay and Alipay apps.
SMBC names Sridhar Srinivasan as APAC transaction banking COO
He will be based in Singapore.
Electronic trading proves its strength in times of volatility
April’s volatility confirmed that electronic trading platforms are not just part of capital markets, but central to their functioning.
BofA: Firms want cross-border payments without tech headaches
Bilateral corridors create as many problems as they solve.
Ant Int’l and e-wallets launch partnership for enhanced protection
Ant International, alongside e-wallets and payment firms in Asia, have launched the Digital Wallet Guardian Partnership with the goal of strengthening protection of global wallet payments.
Commentary
The future of Asian banking isn’t ‘AI-first’ – it’s ‘fearless-first’