News

Hong Leong Bank, Mastercard launch debit card in Cambodia

Until October, 1% of each transaction made using the card will be donated to Kantha Bopha Children's Hospital.
3 hours ago

Hong Leong Bank, Mastercard launch debit card in Cambodia

Until October, 1% of each transaction made using the card will be donated to Kantha Bopha Children's Hospital.
3 hours ago

Citi opens new office at Busan International Finance Center

It’s meant to further support its securities services operations in Busan.
3 hours ago

MAS, BIS publish proposal on global retail payments network connectivity

Called Project Nexus, the blueprint outlines how countries can integrate their retail payment systems onto a single cross-border network.
1 day ago

Singapore lifts dividend cap on local banks, financial companies

Local financial firms are expected to remain resilient even should the economy slip into a recession again.
1 day ago

Chart of the Week: Hong Kong’s wealth market to grow 7.8% in 2021

The number of HNWIs is expected to reach 3.9 million in 2021 or 60.6% of the population.
2 days ago

Open banking in APAC: leveraging data, API for better solutions 

Banks have to remain consistent and continuous in testing best practices.
3 days ago

South Korea’s Kakao Bank to raise over $2.2b in IPO

Shares were priced at the top end, at KRW39,000 ($34).
7 days ago

Higher adoption of QR payments ramps up Singapore’s cashless transition

In January, 1.2 million transactions were carried out via the SGQR.
7 days ago

India mulls phased roll out of central bank digital currencies: report

Its launch will require legal changes to the nation’s foreign exchange and IT rules.
7 days ago

Virtual banking trumps branch banking in Southeast Asia: study

But less than half of consumers are impressed with the digital financial services currently offered.
7 days ago

Citi rolls out real time liquidity sharing solution in APAC

Treasury teams can mobilize liquidity and fund intraday payments in real-time.
7 days ago

OCBC enables Singaporeans to directly view, pay tax in digital bank platform

Customers have the option to pay their tax balances in full or partially.
8 days ago

Citi Commercial Bank enables digital account opening in Hong Kong, Singapore

About 750 new accounts have been opened in four APAC markets through the new portal.
9 days ago

UnionBank clinches Philippines’ 4th digital bank license

UnionDigital will be a wholly-owned subsidiary of the Philippine lender.
9 days ago