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Digital bank Xinja swipes more than $50m in deposits from Australia's big four banks
It hit $100m in deposits three weeks after its digital savings account launched.
Digital bank Xinja swipes more than $50m in deposits from Australia's big four banks
It hit $100m in deposits three weeks after its digital savings account launched.
Grab buys Singapore robo-advisory startup Bento
It will be rebranded as GrabInvest to offer cash management solutions.
UnionBank inks student programme with Singapore Management University
SMU students will help participate in banking and fintech projects of Union Bank.
Japan's SBI Holdings injects $20m into API software firm OpenLegacy
SBI will use the technology to establish the blockchain-based payment app MoneyTap.
JCB International, Oceanpayment ink joint merchant acquiring business
The JV will allow Oceanpayment to be JCB’s acquiring partner for cross-border payments.
HSBC mulls fleeing Turkey amidst bearish economy
The bank will sell its operations in the country if it can find a local buyer.
Cambodian Public Bank secures cash settlement agent status
It will utilise the accreditation to promote securities trading to its customers.
Singapore wealth firm GIC buys 30% stake in Myanmar's Yoma Bank
GIC injected $88.7m in a latest funding round along with Norwegian private equity firm Norfund.
Asia's first bitcoin asset fund Stack floats in Singapore
The index fund plans to capture $1.01b (US$750m) assets under management within 2020.
Bank Negara Indonesia may post 18% earnings growth for 2020: analyst
It will be driven by a projected NIM recovery and a decline in provision expenses.
Bank of America to hire 50 bankers for Asia investment banking segment
One-third of the new hires will be senior bankers for M&A and capital markets.
Deutsche Bank, Singapore hedge fund buy more of Indian lender's debt
The German bank almost doubled its debt hold to $56.8m (INR3b).
Singapore and Brunei central banks expand areas of cooperation
New areas for collaboration include currency interchangeability and financial sector development.
Grab, AirAsia, Razer in talks for Malaysian digital banking licence bid
Up to five licences will be granted to either conventional or Islamic banks.
TONIK ties up with Finastra to support Philippine virtual bank launch
It will launch in the country sometime in 2020.
DBS unveils QR-based B2B payments solutions
Suppliers will have the option of instantly enhancing credit terms for each invoice.
Vietnam Prosperity Bank bags $212.5m financial package from IFC
It will be used to expand VPBank’s lending to SMEs especially and boost green financing.
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1. OCBC taps Citi alt chief executive to lead Hong Kong consumer and wealth businesses 2. Morgan Stanley opens Southeast Asia headquarters in Singapore 3. Southeast Asia’s digital banks – the road from good to great 4. Aleta Planet provides cross-border payments for China’s Jinnan 5. More tax perks could drive Philippine SMEs to go ‘green’Resource Center
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