News
APAC finance firms pummeled by 52% of global cyberattacks in 2025
APAC finance firms pummeled by 52% of global cyberattacks in 2025
Banks accounted for 44% of all attacks and got 92% of lower-level attacks.
Krungsri targets $10.78b in sustainable finance as ESG anchors 2026 strategy
Krungsri seeks to expand client opportunities through collaboration with MUFG.
BSP approves releasable capital buffer to keep lending in downturns
The PN-CCyB designates 1.5% of banks’ CET1 as a releasable buffer.
Citi streamlines ETF orders for APAC clients as regional assets hit $1.81t
Direct integration heightens efficiency as clients no longer need to reconcile on multiple and separate platforms.
HSBC Private Bank names Edward Chiu as onshore Taiwan market head
Chiu has led the Premier Elite business of HSBC Taiwan since 2024.
BNPL market to hit $1.6t by 2034 on e-commerce and smartphone surge
The interest-free BNPL segment is expected to hit a CAGR of 23% through 2034.
Hyundai Card debuts Apple Pay debit card
It enables users to pay by tapping their iPhone or Apple Watch.
SMBC and Toshiba build quantum-driven Japan and US equity indices
Stocks will be chosen and weighted using Toshiba’s quantum computer.
Westpac lends A$1b to 2,100 women entrepreneurs over 3 years
Women-led businesses are starting and scaling up across Australia, said Westpac’s Paul Fowler.
CommBank names UNSW’s Mary-Anne Williams as chief AI strategist
Wiliams will lead CommBank’s team of AI scientists.
NAB refreshes app and internet banking
Around 98% of banking interactions in NAB are digital.
Grab takes control of Indonesia’s Superbank via GXS transfer
The transfer will increase the group’s stake in the bank to over 50%.
Mizuho Bank to become major shareholder of Rakuten Bank
Rakuten Bank may acquire corporate loans originated by Mizuho Bank, amongst others.
MAS revokes BSQ payment licence over false disclosures and risk failures
BSQ provided false or misleading in material particulars, MAS said.
GXS Bank and Lion Global launch exclusive multi-asset fund
The fund has a “medium to high” risk level and is exclusively available at GXS Invest for now.
MUFG trims bond portfolio to limit losses but earnings slowdown looms
Its earnings growth is expected to slow to 5% from fiscal 2027.
Australia fines Snaffle A$33.5m as 38,000 contracts overcharged
Snaffle’s pricing charged between 88% and 103% in rates, over the 48% rate cap.
Thought Leadership Centre
Most Read
1. Asia’s banking elite celebrated at Asian Banking & Finance Awards 2026 2. Digital banks bet on AI to unlock outsized ROI 3. Human oversight remains central as insurers adopt agentic AI: valantic 4. Travel trends reshape banks' payment strategies: Euromonitor 5. Citi expands AI rollout to IndonesiaResource Center
Read Here
Advertise
Sign Up
Event News
Prudentials Mohit Tandon said usage is now the million-dollar question.
Commentary
How alternative data lending is reaching Southeast Asia's unscored MSMEs
Asia is leading payments modernisation and banks can't afford to fall behind
Investing in an inefficient market
Platinum cards, paper-thin compliance?
Energy price volatility highlights structural gaps for managing FX risk in APAC
Asia’s electronic markets reach an inflection point of transformation
Tokenisation in the Philippines: The consumer is ready, but is the infrastructure?