News

How Gen AI is transforming banks’ financial advice, risk, and operations

Gen AI can be used to reimagine distribution, improve financial advise, and transform risk management.
2 days ago

Banks post record $1.2t profit in 2024: McKinsey

If banks fail to adapt AI, global profit pools could fall by about $170b.
5 days ago

PH financial sector targeted by Chinese-linked cyber group: report

The group relies on financial-themed phishing lures.
5 days ago

Meezan Bank launches history book on its rise in Karachi

The book is authored by researcher and writer Sibtain Naqvi.
5 days ago

Bangkok Bank earnings forecasts raised up to 15%: CGS International

The bank posted a $420m (THB13.8b) net profit for the third quarter.
5 days ago

Singapore banks to see NIM compression and management fee surge in Q3: UOBKayHian

Uncertainties cause the trends, the brokerage firm said.
6 days ago

Philippine central bank eases requirements on Islamic banking units

Relaxed capital, processing fees, amongst others, for IBUs. 
6 days ago

Weaker OCBC earnings seen as margin pressure persists: report

Its Q3 profit is expected to fall mid-single digits.
6 days ago

Jewel Changi, Mastercard renew partnership amidst rising visitor spend

Cardholder privileges at airport offerings aim to boost spending.
6 days ago

Asia Commercial Joint Stock Bank expected to maintain profitability

Moody’s expects new delinquencies to stay low in the next 12-18 months.
6 days ago

Singapore banks show weak brand-experience alignment in 2025

Citibank and DBS were the only banks to achieve high rankings.
6 days ago

Fiuu launches QR codes for cash-on-delivery payments

Users can receive packages from Pos Malaysia with cashless payments.

Philippine central bank expands overseas workers' retirement fund options

The rule change allows PERA-UITFs to invest in BSP securities.

InstaPay, PESONet values surge 41% 9M 2025

The period also saw 2.89 billion transactions.