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CIMB's digital bank in the Philippines hits 500,000-customer milestone
15 Aug 19
The two are planning to expand their suite of financial services.
Philippines' Security Bank sells 50% stake in consumer finance business to Thailand's Krungsri
9 Aug 19
The two lenders will jointly explore collaboration in personal and motorcycle loans.
Hang Seng Bank adds forex functionality to AI-powered chatbot
31 Jul 19
Users can request data on current rates and detect nearby FX ATMs.
OCBC enables cash withdrawals via QR code
31 Jul 19
Cash withdrawal at ATMs can be completed in under 45 seconds.
Citi Hong Kong launches payment settlement feature Citi PayAll
31 Jul 19
Credit cardholders can settle one-off or recurring payments on the app whilst earning points.
Union Bank of the Philippines teamed up with OCBC to pilot blockchain-based remittance
23 Jul 19
The move aims to boost financial inclusion in the country.
UnionBank's UBX Philippines ties up with Ping An to build blockchain-enabled platform for MSMEs
17 Jul 19
It will cover various services such as multi-channel loan applications, credit assessment, and loan disbursements.
Digital wealth manager Syfe launches in Singapore after $5.2m seed round
17 Jul 19
It also got its Capital Markets Services Licence.
Citi launches payment outlier detection service
12 Jul 19
It uses advanced analytics, AI and machine learning to detect irregularities.
JP Morgan launches working capital index
2 Jul 19
Companies can identify inefficient use of liquidity and improve internal funding sources.
UOB temporarily loses $2b of market value
27 Jun 19
Despite suspicions of trading error, the SGX upheld the trade.
UOB ties up with fashion e-commerce platform Zilingo
27 Jun 19
Zilingo merchants and manufacturers can directly access UOB's banking solutions.
UOB and CapBridge to offer Asian firms access to private capital
25 Jun 19
CapBridge’s investment syndication platform will match UOB clients to anchor and accredited co-investors.
CIMB Niaga and Liquid Group to launch cross-border QR payments between Singapore and Indonesia
24 Jun 19
Indonesian travellers will soon be able to use local payment apps at Changi airport.
JPMorgan launches innovative cross-border payments solution
20 Jun 19
It will utilise a linked customs declarations number.
Standard Chartered launches one-stop digital forex platform
18 Jun 19
It allows clients to personalise watchlists and price alerts.
Ride hailing firm GOJEK adds DBS PayLah! to payment options
18 Jun 19
The move aims to encourage users to adopt digital payments.
TransferWise to launch remittance services in Malaysia
17 Jun 19
It will also enable customers to access eKYC checks.
Citi and Grab tie up to launch credit card
11 Jun 19
It is available in the Philippines and will be launched in Thailand later.
QR payment deployment boosts DBS' SME cashless transactions by 70%
7 Jun 19
It only launched the feature four months ago.
Visa and LINE Pay teams up to advance mobile payments
7 Jun 19
It will allow LINE Pay users to transact at over 54 million Visa merchant locations.
Standard Chartered to launch FX e-trading and pricing in Singapore
3 Jun 19
It will allow FX e-trading of over 130 currencies.
Maybank's Q1 net profit down 3.20% to $430m
3 Jun 19
Its Singapore unit was hit by a loss before taxation of $19.05m.
Chinese regulators to take over regional lender Baoshang Bank
27 May 19
The regulators identified serious credit risks.
MUFG to close 80 more branches
24 May 19
The move aims to cut costs and boost efficiency gains.
Deutsche Bank launches instant payments for Malaysia corporates
24 May 19
The lender can process payments through DuItNow.
HSBC to add over 1,000 China tech jobs
24 May 19
It will boost headcount at Guangzhou, Shanghai and Xi'an by 14% from the current 7,000.
Bank of Communications unveils branch in Prague
24 May 19
The latest opening marks its 23rd overseas unit.
ING unveils digital bank in the Philippines
24 May 19
It offers 2.5% interest rate on savings.
Citi Ventures to offer experiential learning in fintech to Singapore students
24 May 19
The 15-week programme at SMU will launch in January 2020.
Mitsubishi UFJ Financial Group to cease coal financing
21 May 19
The banking group added forestry, palm oil and coal mining to its restricted transactions list.
Credit Suisse sets up family office unit in China
17 May 19
The Swiss lender named Tan Mae Shen as senior specialist for family office services in APAC.
UOB to reduce reliance on Singapore
15 May 19
Nearly half or 40% of total group operating profit already comes outside Singapore.
Citi ties up with Paytm to launch credit card in india
14 May 19
The card offers waives an annual fee of $7.10 on annual spending over $710.
UOB renews supply chain financing deal with LiuGong
14 May 19
The bank will provide cash management and trade finance services.
JP Morgan Invests in Indian fintech startup
14 May 19
Global PayEx offers a cloud-based platform that facilitates electronic invoice sharing.
Maybank Singapore targets the elderly in new integrated banking package
10 May 19
They will have access to products such as endowment and retirement plans.
OCBC's profit up 11% to $900m in Q1
10 May 19
Non-interest income surged 24% to $1.12b.
Citi enables real-time consumer-to-business collections for Vietnamese corporate clients
9 May 19
The bank has tied up with fintech Payoo.
UOB gives SMEs the digital leg-up in Shopmatic partnership
8 May 19
Small firms can now build customised websites within 15 minutes.

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Events Calendar

Aug 28
ABF Digital Payments Summit 2019
Hotel ICON, Level 1, Silverbox Ballroom 1-3, 17 Science Museum Rd, Tsim Sha Tsui, Hong Kong
Oct 22
ABF Digital & Open Banking Conference 2019, Singapore
Singapore
Nov 19
ATMIA Asia ATM Innovation & Security Congress 2019
Shangri-La Hotel, Kuala Lumpur, Malaysia