News

SaaS proves beneficial to banks’ financial efficiency and security

Banks streamline IT costs and improve security with SaaS solutions.
18 hours ago

SaaS proves beneficial to banks’ financial efficiency and security

Banks streamline IT costs and improve security with SaaS solutions.
18 hours ago

Philippine banks need to update strategies for competitive advantage

Less than 10% of revenue is allocated to information technology.
18 hours ago

Higher smartphone access needed to propel digital wallets use

Digital wallets are set to account for 61% of global ecommerce payments by 2027.
18 hours ago

ANZ China’s outlook stable amidst strategic position

It is expected to maintain its capital buffer over the next two years.
22 hours ago

Indonesia’s new loans rise in Q2

New loan disbursements are expected to further grow in Q3.
22 hours ago

Thailand and Japan renew bilateral swap agreement.

The size of the BSA remains at $3b or its equivalent in yen.
22 hours ago

Philippine central bank achieves digital retail payments target

As of 2023, 52.8% of monthly retail payments are made digitally.
22 hours ago

Singapore’s cash use in POS to fall at just 7% by 2027: study 

E-wallets will become Singaporeans’ payment method of choice.
1 day ago

SCBX reports 15.6% net profit decline in Q2

Economic growth fell short of expectations, SCBX’s CEO said.
1 day ago

UOB names Susan Hwee as head of group retail

Eddie Khoo to retire; Lawrence Goh is new head of GTO.
2 days ago

UOB to see 200 tonne-reduction in CO2e emissions with DHL pact

UOB’s international parcel deliveries will now use sustainable aviation fuel.
2 days ago

CashOn launches digital currency lending matching platform in Hong Kong

CashOn connects customers to licensed financial institutions.
2 days ago

DBS launches bond portfolio managed by BlackRock

Customers can invest for a minimum of $1,000 and a 0.6% annual management fee.
2 days ago

How CIMB used automation to raise staff productivity

CIMB automated 10 processes in 2023, equal to 17,000 man-hour savings. 
2 days ago

HSBC, SBF to help Singapore businesses scale GBA, India, Middle East

HSBC launched a business guide and will offer net zero transition solutions.
3 days ago

PH central bank welcomes new anti-financial account scamming law

It authorises the BSP to investigate cases violating law, amongst others.
3 days ago

Techcombank’s pre-tax profits up 38.6% in H1

The bank added nearly 1 million new customers in Q2.
3 days ago