News
Ant Int’l sees growth in 4 divisions, Alipay+ holds 1.6 billion users
Ant Int’l sees growth in 4 divisions, Alipay+ holds 1.6 billion users
Cross-border transactions processed via Alipay+ tripled year-on-year in 2024.
How much do Malaysian FI boards really cost?
Board chair retainer fees were typically 1.3 to two times higher than other board members.
South Korean banks' delinquency rate inches up to 0.48% in October
Resolved loans decreased by $1.8b month-on-month.
Panin Bank acquisition could boost DBS, OCBC profits
A full acquisition could increase fiscal year 2025 PATMI by 2% to 3%.
Global cryptocurrency market to growth by $34.5b in 2028
Key driver includes increased investment in digital assets.
Trust Bank gamifies new goal-based saving feature
It allows users to set personalised savings targets and manage up to five pot.
HSBC sued by Australian regulator for allegedly failing to protect customers from scams
The regulator claimed HSBC's local operator received 950 unauthorised transaction reports.
UOB taps Leong Yung Chee as new CFO
The appointment will take effect on 22 April 2025.
Beyond Bank, Cognizant modernize IT systems
It includes upgrading Beyond Bank’s End User Compute (EUC) systems.
BEA and IDA launch HKD-pegged stablecoin
The initiative includes a trial involving a local payment gateway.
Taiwanese credit card balance at $3.49b in October
There were 38.72 million active credit cards during the month.
Taiwanese banks extended $169.21m in SME loans in October
Loans extended to SMEs accounted for 64.2% of total loans.
Reserve Bank of New Zealand calls for increased efforts in financial inclusion
According to the World Bank, around 50,000 New Zealanders remain unbanked.
SMBC teams up with Euphoria Co. for human capital management services
SMBC will provide digital systems for the visualisation and analysis of the impact of human capital on companies.
Indonesian banks to maintain lending rates in 2025: analyst
MSME borrowers remain weak, but some positive factors are on the horizon.
JCB expands payment options for UK travel application
This ensures a seamless application process for its 158 million cardholders globally.
PCG, Black Bear Merchant Services team up to launch AbbyPay
It plans to expand to Japan, Singapore, Malaysia, and Thailand.
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ABF Corporate & Investment Banking Awards 2024 Winner: Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank)
VietinBank won Project Infrastructure Finance Deal of the Year - Vietnam at the ABF Corporate & Investment Banking Awards 2024.
