News

The owner and operator of Globexmc can no longer own and operate an MSB.

The current CEO, Ivy Au-Yeung, will retire on 31 December.

They will jointly underwrite and facilitate loans to Mayani’s 144,000-strong network.

They can now split purchase repayments for up to a 36-month period.

French acquirers need to perform less certification before they can accept JCB cards.

The 17-level building in Collins Street is wholly owned by public sector pension fund KWAP.

CIX will use the funding to build out its existing platforms and deepen offerings.

Participants came from over 150 countries and regions, from just 115 in 2022.

Financial institutions are in strong capital and liquidity positions and have healthy profits.

The feature's purpose is to be a strong defence against malware and phishing scams.

Non-interest income and return of assets both fell during the quarter.

GCash users can use the e-wallet in 17 markets.

The bad loan rate of corporates rose compared to August.

Customers are advised to report any suspicious emails, messages, accounts, or websites claiming to be Hang Seng Bank.

They have been sentenced to 5 years’ imprisonment and fined up to $877 each.

Regulations are expected to take effect in phases beginning mid-2024.