News
South Korea’s payment card market projected to reach $1t in 2025
South Korea’s payment card market projected to reach $1t in 2025
This is driven by a growing preference for digital payments.
3 hours ago
Thailand, China renew bilateral currency swap agreement
It aims to support trade and investment between the two countries.
5 hours ago
SoftBank to invest $2b in Intel Corporation
SoftBank will pay $23 per share of Intel common stock.
6 hours ago
Affin Bank profit seen lower in H2 on policy rate cut
Its net profit rose 17% in H1 on its interest and non-interest incomes expanding.
1 day ago
Union Bank of the Philippines hires senior officers for compliance
A new relationship manager has also been appointed.
1 day ago
Hong Kong total credit card receivables down 2.5% to $19.03b in Q2
This is slower than the 5.8% decline recorded in Q1 2025, official data showed.
1 day ago
Ant, RayNeo to bring AR glasses payments cross-border with Alipay+
They plan to enable the use of AR glasses for in-store payments.
1 day ago
Bank of Singapore offers UHNWIs SFO-style investment vehicle
They can qualify for tax exemptions of single-family offices without setting up one.
1 day ago
Philippine cash remittances up 3.7% to $2.99b in June
The US remained the top source of remittance to the Philippines.
1 day ago
Digital apps now most preferred remittance channel
Banks, fintechs, remitters told to take note as it will shape customer expectations.
1 day ago
PayPay submits draft registration statement to publicly list in the US
The mobile payment service app makes use of QR codes and bar codes.
4 days ago
Taiwanese banks’ SME loans rise to $355.73b by end-June
Loans extended to SMEs by domestic banks accounted for 64.73% of total loans.
4 days ago
ANZ names Ender Tanar as ANZ Japan country head
He has been ANZ country head in Germany for seven years.
4 days ago
Airwallex crosses $200b in annualized transaction volume
It is gearing up to roll-out its point-of-sales (POS) terminals.
4 days ago
Indian banks face modest exposure to US tariff-hit sectors
They should be able to manage the credit costs and asset quality.
4 days ago
AI agents shift financial services from infrastructure to impact
Almost all institutions now use AI to boost efficiency and customer experience.
4 days ago
Singapore, Brunei establish reciprocal cross-border collateral arrangement
This will allow them to accept a wider range of collateral in their facilities.
4 days ago
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1. How is tokenisation reshaping cash management solutions? 2. Singapore, Brunei establish reciprocal cross-border collateral arrangement 3. Indian banks face modest exposure to US tariff-hit sectors 4. Union Bank of the Philippines hires senior officers for compliance 5. Security Bank accelerates digital transformation with fresh appsResource Center
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