News
Hong Kong credit card transactions dip in Q1 even as card count surges
Hong Kong credit card transactions dip in Q1 even as card count surges
Card spending softened from Q4 but remains 13.6% higher than a year ago.
5 minutes ago
HSBC launches invoice-backed digital trade loans
Customers can receive funds in minutes once all info has been submitted and approved.
19 hours ago
OCBC rolls out free ESG assessment tool for SMEs
Large companies can request to onboard their SME suppliers.
22 hours ago
CommBank commits $98.56m to branch network
The bank aims to reduce wait times and expand access to specialist support.
22 hours ago
SeABank raises charter capital to $1.3b with central bank approval
The increase came from accumulated undistributed after-tax profits.
22 hours ago
GCash operator Mynt gets approval to file for IPO
It will be equivalent to 12% of Mynt’s outstanding common shares post-IPO.
1 day ago
Chubb Philippines embeds cover in UnionDigital Bank app
Eligible loan borrowers receive protection for 3 months at no added cost.
1 day ago
Blue Cross widens perks as Samsung Wallet joins push
Designated travel plans can include a HK$20 ePremium Coupon.
1 day ago
Korean household loan growth triples on Seoul mortgage demand
There was an increase in housing transactions in Seoul.
1 day ago
Alipay debuts AI agent interface “Ah Bao” in China
Users only need to speak to Ah Bao, pick a service listed, and pay for it without switching apps or pages.
2 days ago
Hong Kong credit card balances rise as revolving lines fall
Personal loans and credit cards grow whilst revolving credit and loan-on-card shrink.
2 days ago
Citi Mobile App launches e-vouchers at 500 merchant outlets
Citi Mastercard holders are offered exclusive discounts and perks at certain hotels.
2 days ago
Aussie mortgage holders spending less as higher rates bite: CommBank
They bucked the trend of Australian households spending more in May.
2 days ago
Interest income and fees drive Japan bank profits up 32.7% to $37.25b
NPLs slightly increased although the NPL ratio dipped to 0.64%.
2 days ago
Australia streamlines financial accountability rules
The changes will halve compliance updates for 4,500 people.
2 days ago
Japan's megabanks target live stablecoin transactions in FY2026
The three will establish a voluntary council for this goal.
2 days ago
China and Indonesia link cross-border QR payments
Chinese users can use their UnionPay app, Alipay, and banking pps.
2 days ago
Thought Leadership Centre
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1. Chinese banks mask capital weakness with government injections 2. Singapore banks face currency split as ringgit offsets losses 3. Energy price volatility highlights structural gaps for managing FX risk in APAC 4. GCash operator Mynt gets approval to file for IPO 5. OCBC rolls out free ESG assessment tool for SMEsResource Center
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