News
SCB, GLN launch cardless ATM withdrawals for Korean tourists in Thailand
SCB, GLN launch cardless ATM withdrawals for Korean tourists in Thailand
Tourists just need to scan a QR code via their app.
India and Mauritius ink MOU for local currency use in cross-border transactions
It covers all current account transactions.
Digital bank platform ANZ Plus reaches 1 million customers
Over half (55%) consider it their main bank account.
BPI integrates 10 Robinsons Bank branches to branch network
These include 5 branches in Metro Manila and 1 branch each in Cebu and Zamboanga.
Fintech investments slated for revival on more digital asset deals
Deal value for crypto, blockchain, and digital assets hit just shy of $1b in 2024.
Local, Belmoney partner to expand cross-border payments in Asia
Belomey will leverage local and alternative payment methods across 6 markets.
SCB X eye more profits from Gen 2 firms as Thai corporates cut bank loans
Its banking services loan portfolio contracted in 2024, whilst those from Gen 2 expanded.
Australia’s Westpac unveils the Social Tailored Deposit
The minimum deposit is A$1m and will be directed to socioeconomic initiatives.
CommBank accelerates AI adoption with expanded Anthropic partnership
The Australian bank will focus on personalisation and safety.
CommBank rolls out discounts to small business with Yello for Business
Customers receive discounts on various brands and exclusive pricing on Samsung products.
Malaysia’s central bank appoints new deputy governor for supervision and regulation
BNM also announced a new technical adviser and an assistant governor.
SMBC Aviation Capital receives $445m settlement for terminated Russian contracts
SMBC expects to record equity gains of affiliated companies amounting to $250m.
NAB names Andrew Auerback as group exec for B&PM
Group chief risk officer Shaun Dooley will work as acting group CFO.
ANZ clinches Aussie gov’t support for Pacific operations
ANZ will invest $50m in its Pacific systems and enhance its digital bank offering.
Airwallex merchants can now accept Discover, Diners Club cards
Merchants in Australia, Europe, Hong Kong, Singapore, and the UK can accept these cards.
Citi names new co-heads for capital markets and advisory in ANZ
The appointments coincide with the retirement of Tony Osmond.
Standard Chartered unveils savings account for clients 55+ and above
It offers a 3% interest rate, and up to $50,000 protection from digital theft.
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Compliance and legacy systems stall B2B payment shift
Retail drives digital payments as B2B adoption lags.
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The Asian connection: China's path to sustainable growth