News

Regulatory gaps slow APAC cross-border payment progress

Fragmented regulations remain the biggest barrier to achieving the G20’s 2027 targets.
1 hour ago

OCBC rolls out in-app calls for retail customers

In-app calls will not incur International Direct Dialling (IDD) charges.
3 hours ago

Bank Australia solidifies competitive position with AUB merger: S&P

The bank has earlier announced a merger with Qudos Bank.
3 hours ago

Thai Q3 loans contract on softer SME and consumer demand

Thai banks saw lower net interest income on less lending and interest rate reductions.
3 hours ago

Norinchukin logs $540m profit in H1 FY2025

This is a reversal from the loss recorded in the same period in FY2024.
4 hours ago

Metrobank appoints three new SVPs and heads

The new heads are for the trust banking group, internal audit group, and the transformation office.
3 days ago

Affin Bank expected to see 30.6% quarterly drop in Q4 net profit: report

The upturn in loan loss provisioning will lead to the decline, said CGS International.
3 days ago

HSBC names Ruby Ho as head of markets and securities services, ASEAN

She will lead the MSS business in Singapore and the whole region.
3 days ago

UnionPay expands Apple Services payments to 15 markets

Cardholders can use their cards to pay for Apple’s digital content.
3 days ago

NAB earnings outlook tempered by higher costs and loan competition

The bank does have low levels of problem loans and a strong funding profile, Moody’s said.
3 days ago

Westpac faces earnings pressure despite strong asset base: Moody’s

Its NPL ratio has improved and its deposit base is stable.
3 days ago

DBS Hong Kong and KPay introduce collection management solution for SMEs

DBS MAX reportedly supports 29 online and offline collection methods.
4 days ago

OCBC adds 8 SEA e-wallets in digital app

Customers in Singapore can now directly transfer money to 10 e-wallets.
4 days ago

ZA Bank’s stockback car has awarded HK$2.5m in rebates

This shows that the public is willing to step out outside traditional rebate models.
4 days ago

2 in 3 Singaporean retail investors now hold crypto: survey

Whilst ownership is more common, allocations remain cautious, it said.
4 days ago

Fubon Bank to sustain retail deposit growth and buffers

The bank’s loan-to-deposit ratio has improved and is below the industry average.
4 days ago