News
Westpac to pilot new community banking service
Westpac to pilot new community banking service
The bank will invest over A$65m to modernize its regional network.
Business loans in Thailand set to expand in Q4: survey
Lenders are expected to be more cautious of small SME borrowers, however.
DBS, UnionPay unveil cashback and fee waivers for platinum debit cardholders
It aims to support growing economic exchanges between Singapore and China.
Ant International to use UBS’ blockchain platform for global treasury operations
The two companies will also explore joint innovations in tokenised deposits.
SMFG’s profit rose 28.72% to $6.04b in H1 FY2025
Its comprehensive income more than doubled during the period.
Mizuho Financial Group’s profit up 21.8% to $4.46b in H1 FY2025
Its comprehensive income rose 42.8% although ordinary income was 5.4% lower.
Mizuho Bank speeds up ISO compliance, eases payment with Boomi
With the online portal, firms can input payment instructions using both legacy and ISO 20022 formats.
Singapore vital in Southeast Asia’s digital economy: report
The city-state led in digital payments last year as the region’s economy is projected to reach $1.299t by 2030.
India’s FREEAI Framework sets new standards for ethical banking
Reserve Bank’s 26-point plan embeds trust and accountability at the core of financial AI innovation.
Why banks must act fast on quantum threat
The financial cost of delay would be roughly 2.5% of the information technology budget.
Why AI governance is a key priority for financial institutions
MAS recently released its guidelines on AI risk management.
India’s digital public infrastructure gains traction in Global South
The model uses public digital rails to help governments deliver services at scale.
Payment leaders push for interoperability to solve SME cash flow
Bridging the gap requires a regulatory framework to achieve finality in payments.
Foreign institutions pursue market entry as Japan strengthens fintech rules
Reliability defines Japan’s fintech advantage in Asia
Finance leaders flag governance risks with fast growing fintech systems
Finance leaders discuss macroeconomics, AI, new forms of money, policy sustainability, and more.
Paytm tests AI-powered POS device for merchant performance insights
Merchants in India tested the tool, often using it for real-time translation.
TNG eWallet, easypasia enhance customer service with Alipay+ genAI platform
They will offer tailored product recommendations and timely reminders.
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1. DBS faces credit cost spike on Autobahn exposure 2. UOB logs ‘highest’ Copilot usage amidst 40-branch rollout 3. Bank of Singapore appoints OCBC veteran as global CFO 4. OCBC sets up securities financing unit to mobilise idle assets 5. Visa urges banks to bridge data gap as payment choice surgesResource Center
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Its wealth centres, comprehensive solutions, and digital tools are at the core of its strategy.
Commentary
The future of Asian banking isn’t ‘AI-first’ – it’s ‘fearless-first’