News
South Korea's household loans up 0.9% in Q3
South Korea's household loans up 0.9% in Q3
Total outstanding household credits was $1.28t as of end-September 2024.
South Korean banks’ delinquency rate fell in Sept 2024
The volume of newly delinquent loans shrank KRW0.5t during the month.
Fed rate cuts may boost ASEAN fintech funding
Interest rate cuts and emerging tech are driving fintech growth.
Philippine banking assoc unveil new interest rate swap market
The central bank expects PESO IRS to boost transactions.
South Korean banks' income falls by 13.9% to $4.43b in Q3 2024
Return on assets stood at 0.65%.
FSA targets stablecoin regulation to bolster digital assets
Japan advances stablecoin regulation and AML efforts to support digital payments.
India’s central bank warns against deepfake videos involving governor
The videos claim that its governor supports investment schemes.
Fragmented systems hinder tech adoption in wealth management
Outdated technology limits wealth managers' services.
Japan Post Bank posts $1.44b net income for H1 FY2025/3
This is 22.3% higher than the H1 period in FY2024/3.
Stablecoin regulation likely to improve after US elections
Stablecoin adoption grows with enhanced tech and regulations.
SMFG reports $4.86b profit for H1 FY2024
Earnings per share (diluted) is JPY184.72 for the period.
Tokenisation enhances security by limiting credit card use
Cloud-based payments optimise resources during peak demand.
Cross-Border transactions complicate AML compliance for businesses
AI tools used to streamline AML processes and reduce false positives.
Morgan Stanley opens Southeast Asia headquarters in Singapore
It spans 107,000 sq ft across five floors.
AI drives 1500% growth in deepfake fraud across APAC
Sumsub integrates AI tools to combat deepfake threats and fraud networks.
Fraudsters use digital injections to bypass camera verifications
Deepfake software could create loopholes in identity systems.
SGQR+ simplifies payments with unified contract for merchants
It streamlines payment processes and improves reconciliation.
Thought Leadership Centre
Most Read
1. OCBC scales regional SME support with S$25b sustainable finance goal 2. ASIC scam takedowns jump 90% as Australians’ losses hit $2.18b 3. Standard Chartered unveils first-ever Global Fusion Centre in Malaysia 4. CIMB offers up to 6-month relief for customers hit by Middle East conflict 5. Bank of Singapore names Vi Sun Yang as head of ASEAN private bankingResource Center
Read Here
Advertise
Sign Up
Events
Event News
Ipsos says lenders financial institutions now compete with best-in-class platforms across all industries
Commentary
Buy now, worry later: The hidden cost of BNPL
Why most banks are struggling with AI, and what the smart ones are doing differently
Data, AI, and trust: The next era of financial crime prevention
From behavioural change to scalable inclusion: Cross-border payments in APAC
Device governance is not an IT problem. For SEA's financial sector, it is a boardroom one
Corporate acupuncture: How precision M&A is reshaping Asia’s competitive edge