News

Asia’s regulators need to match banks’ digital pace, GFTN says

Good regulation, he argued, should function as “a safety belt, not a brake,"
46 minutes ago

CIMB, Frasers Property to offer SG’s first ‘pay-as-you-earn’ loan

Benefits include first-year savings of up to $7,360 and annual savings of up to $6,360.
22 hours ago

VPBank upgrades Temenos core banking system

The bank now operates in a fully cloud-native environment.
22 hours ago

The Philippines’ central bank calls for a 24/7 payment system

A round-the-clock operation will enable real-time payment settlement and further economic activities.
22 hours ago

SCSCL names new CEO

He brings with him 20 years of experience in China’s fixed-income capital markets.
22 hours ago

DBS launches Gen-AI virtual assistant for corporate clients

The service provides 24/7 corporate banking support via the IDEAL platform.
23 hours ago

MAS, OJK renew partnership to drive ASEAN FinTech growth

Theartnership focuses on cross-border knowledge sharing and regulatory cooperation.
1 day ago

Franklin Templeton launches Singapore’s first tokenised fund

The fund leverages blockchain technology to enable fractional ownership, lowering the minimum investment to just US$20.
1 day ago

Hang Seng Bank, CCB launch e-CNY merchant payment service in Hong Kong

Consumers can now pay with their e-CNY wallets in more than 100 local merchants.
1 day ago

Macquarie remains well capitalized despite compliance breaches

The Australian bank recently reported monitoring failures and short-selling misreporting.
1 day ago

OCBC could distribute $460.7m in additional capital to investors

This would equate to about 13 Singaporean cents per share.
2 days ago

UnionBank offers 0% installment plans in Ikea for credit card holders

For a minimum spend, cardholders can avail a 0% installment plan for 3 months.
4 days ago

Macquarie Group’s net profit up 3% to A$1.65b in H1 2026

Net operating income and operating expenses are both higher compared to a year earlier.
4 days ago

OCBC net profit holds steady at $1.98b in Q3

Quarter-on-quarter, net profit was up 9% from $1.82b.
4 days ago

Banks embedding sustainability pay less for capital, UNFI says

Half of global banking assets now aligned with responsible banking principles
5 days ago

Philippine banks’ profits up 4.1% to $3.35b in H1 2025

Assets rose thanks to stable domestic deposits, and strong liquidity and buffers.
5 days ago