APAC

Citi has appointed Asghar Ali as head of corporate banking real estate

Prior to his new role, Ali has been based in Hong Kong since 2007.

APAC card payments to hit $39.6t by 2029 on improved infrastructure

In markets with low adoption, cards compete with QR payments and inadequate infrastructure.

Finance associations call for overhaul of crypto rules

Recommendations include revising classification rules, recognising stablecoins, and updating risk weights.

AMINA Bank appoints Michael Benz to lead APAC expansion

He will be reporting directly to CEO Franz Bergmueller.

Show, don’t tell: Asian banks need to prove simplification works – here’s how

The choice is clear: simplify or stagnate — the future of Asian banking depends on it.

Digital apps now most preferred remittance channel

Banks, fintechs, remitters told to take note as it will shape customer expectations.

How is tokenisation reshaping cash management solutions?

HSBC and Citi allow 24/7 money transfers using the tech.

Airwallex crosses $200b in annualized transaction volume

It is gearing up to roll-out its point-of-sales (POS) terminals.

Fintech investments and deals slow to $44.7b in H1 2025

But the digital assets space has amassed nearly equal to its total 2024 investments.

SoKor, Vietnam central banks ink MOU to strengthen cooperation

It specifies areas of cooperation in greater detail, the BOK said.

Alipay+ links with Kaspi.kz for cross-border payments in Kazakhstan

12 Alipay+ e-wallets can now scan-to-pay via Kaspi QR.

Late payments, bad debts drag on Asia’s B2B trade flows: survey

An average of 44% of B2B credit sales are affected by late payments, it found.

Commercial lending to reach $29.37b by 2030

Access to large sums of money, shorter application processes, and low interest rates boosted its growth.

Banks explore stablecoins as digital currency gains traction

The future of banking deposits is changing due to the growth of stablecoins.