News

Japan’s card payments market to be worth $742.2b in 2023

Growing consumer preference for electronic payments will push a 7.5% growth in value.
23 hours ago

Japan’s card payments market to be worth $742.2b in 2023

Growing consumer preference for electronic payments will push a 7.5% growth in value.
23 hours ago

Japanese insurers, banks to build sustainable finance platform

The collaboration seeks to build a digital platform for investment institutions.
1 day ago

Hang Seng Bank appoints Kathy Cheung as chief risk and compliance officer

She was formerly chief risk officer for HSBC Hong Kong.
1 day ago

Deutsche Bank allocates $200m in Vietnam branch

The Vietnam business doubled its revenue in the past two years, the bank said.
1 day ago

KakaoBank modernises data management system

The mobile-only bank targets to modernise its data management system.
4 days ago

Public Bank posts 22.6% net profit surge in Q1

It expects market volatility to be heavily influenced by US and EU banking environment.
4 days ago

Cambodia's Sathapana Bank incorporates AI for credit risk management

It aims to power its credit risk management with Artificial Intelligence (AI).
4 days ago

Hang Seng warns customers of faux Instagram account

This is the fifth time in May that Hang Seng Bank warned of a fake account.
4 days ago

South Korea’s financial regulator boosts efforts for fair trading in capital markets

Penalty surcharges and boosting early detection systems are amongst the solutions.
5 days ago

Mastercard links with Indonesian Telecom firm for digital payments

Mastercard and Indosat Ooredoo Hutchison (Indosat) have formed a strategic partnership to enhance Indonesia's digital payment landscape.
5 days ago

Maybank records 10.7% increase in Q1 profits

The group’s profit before tax also grew 2.7%.
5 days ago

Singapore’s finance and insurance industry shrank 0.9% in Q1

Banks saw a decline in net fees and commissions during the first three months of 2023.
5 days ago

Hong Kong’s SFC to allow crypto trading

Final guidelines for crypto investment will become effective starting 1 June 2023.
6 days ago

Indonesian fintech SkorLife raises $4m in seed funding

The funding aims to promote responsible borrowing and fair credit practices in Indonesia.
6 days ago

Hang Seng says ‘be vigilant’ of new deceptive sites

Fraudulent websites may display the bank’s logo.
6 days ago

HSBC names new South Asia head of wealth and personal banking

Kai Zhan g will be responsible for expanding wealth management across South Asia.
6 days ago