APAC
Japan, the Philippines renew bilateral swap agreement
Japan, the Philippines renew bilateral swap agreement
The size of the BSA remains unchanged: $12b for the Philippines and $500m for Japan.
It’s the most wonderful time of the year!
We’re taking the time off and will be back on 6 January 2024.
What's in store for payments in 2025?
In emerging markets, digital wallets are evolving into bank account substitutes.
Asian banks face profit strain in 2025
Falling interest rates could heighten some lenders’ appetite for risk.
Banks may be ill-equipped for demands of real-time payments
Stronger fraud prevention and anti-money laundering measures are needed.
Financial services professionals more optimistic about bonuses in 2025: report
The largest expected bonus increases are projected for professionals in private credit.
167 financial services firms adopt AI initiatives: report
Nearly 80% financial services companies have launched at least one AI initiative.
Innovative approaches to IFRS 9 Compliance: Bridging finance and risk with subledger accounting
The combined expertise of SAP Fioneer and Grant Thornton has brought to light strategies for financial institutions to enhance credit risk assessment and bridge gaps between finance and risk management.
How much do Malaysian FI boards really cost?
Board chair retainer fees were typically 1.3 to two times higher than other board members.
PCG, Black Bear Merchant Services team up to launch AbbyPay
It plans to expand to Japan, Singapore, Malaysia, and Thailand.
Brace for ‘volatile’ credit conditions in APAC for 2025: expert
Lenders may turn more risk-averse and seek higher premia.
JCB, AEON, and Biznet launch co-branded credit card
The credit card will offer exclusive discounts and cashback.
What are the must-have banking features by 2027?
Over 60% of respondents in Australia, China, and India find credit-building tools to be useful.
United Overseas Bank hailed at ABF Retail Banking Awards 2024 for trailblazing performance
Its strengthened franchise brings unrivalled regional perspective and reach to customers.
IFC, HSBC team up to introduce $1b risk-sharing facility
It is part of IFC's Global Trade Liquidity Programme.
Airwallex reports double-digit revenue, transaction growth for Q3
It expanded its startup and investment platforms in 2024.
Bank of America’s CashPro app set to hit $1t in payment approvals
The platform is reportedly used by around 40,000 companies globally.
Commentary
Protecting against the mobile Trojan horse in your pocket
Beyond the code: How mobile banking is weaving a new financial narrative in Asia