News

Thai financial institutions put price on bad strategy

Thai financial institutions put price on bad strategy

From insurance to lending, the winners are those doing "less but gaining more" by prioritizing risk-adjusted returns over market share.
1 hour ago

Banks must address fraud and usability gaps to unlock AI trust

Consumers expect real-time scam protection and personalised tools with trust gap remaining high.
1 hour ago

Southeast Asian banks lose funding efficiency as pricing remains fragmented

Data-led segmentation and pricing discipline can reduce leakage and improve funding cost outcomes.
2 hours ago

Why Thai finance firms push AI as human oversight limits automation

Executives say machines cannot make final calls without review in key processes.
3 hours ago

Banks waste AI spending without workflow redesign as only 10% see gains

Embedding AI into operations and simplifying processes is key to cost-income gains in banking.
5 hours ago

Thai insurers miss growth opportunity from concert goers

This is why Thai Setakij Insurance is looking beyond the standard travel-insurance model.
7 hours ago

Why banks must become gatekeepers or accept commodity status

Global banking revenue is growing, but non-bank challengers will capture 35% of it by 2030.
7 hours ago

DBS Bank taps Ascenda to boost rewards competition

Hong Kong launch begins 27 April as part of phased regional rollout.
8 hours ago

Bank of Singapore reshuffles advisory team amidst UHNW focus

Jiawen Guo will oversee the Singapore based wealth advisory group.
8 hours ago

SMBC launches transaction banking brand SMBC Connect

The Japanese megabank is revamping its TB and especially its cash management services.
1 day ago

Japan Post Bank flags $27.07b securities losses for FY2026

It does not expect the losses to have any impact on its earnings or annual dividend.
1 day ago

JPMorgan and Houlihan Lokey are top M&A financial advisers in Q1: GlobalData

JPMorgan advised $24.7b in deals whilst Houlihan Lokey advised 19 deals.
1 day ago

Green SM Laos onboards Umoney e-wallet to payments

The two will develop digital and financial payment solutions for Green SM drivers.
1 day ago

Union Bank of the Philippines’ net income doubles to $62.69m in Q1

It noted some trading losses associated with the Iran conflict, however.
1 day ago

Bank Mandiri Q1 profit up 16.6% as Agrinas drives loan growth

The bank is prioritising asset quality and underwriting discipline, leading to slower retail loan growth.
1 day ago

FWD Macau taps Banco Well Link for bancassurance partnership

The offer includes insurance services for high-net-worth individuals.
1 day ago

Commonwealth Bank of Australia deploys agentic AI to detect scam patterns

It also creates new rules to intercept scams, approved by the bank’s fraud analytics team.
4 days ago