News
HKMA study identifies AI and data analytics as key banking skills
HKMA study identifies AI and data analytics as key banking skills
Another key finding is the importance of a collaborative approach across the industry.
Moody’s says Hang Seng Bank capital strength offsets loan risks
These loans made up 15% of total lending in June 2025.
Finance associations call for overhaul of crypto rules
Recommendations include revising classification rules, recognising stablecoins, and updating risk weights.
AMINA Bank appoints Michael Benz to lead APAC expansion
He will be reporting directly to CEO Franz Bergmueller.
China’s credit and charge payments market to grow by 2.4% in 2025: GlobalData
Payment frequency for these cards stood at 55.3 times in 2025.
Seven Bank enter talks on potential capital and business alliance with Itochu
Seven Bank operates more than 28,000 ATMs in Japan.
GCash launches tap to pay for 150 million Mastercard locations
The service uses Near Field Communications (NFC) technology.
Wing Bank Cambodia launches Mastercard One Card combining debit and credit
The card features a numberless design for added security.
CIMB Singapore unveils FlexiPay loan with flexible SME repayment terms
Repayments are automatically deducted as a percentage of daily deposits.
Australian mutual banks may offset costs through process automation
It could help banks sustain their historical loan growth of about 6%.
South Korea’s payment card market projected to reach $1t in 2025
This is driven by a growing preference for digital payments.
Thailand, China renew bilateral currency swap agreement
It aims to support trade and investment between the two countries.
Affin Bank profit seen lower in H2 on policy rate cut
Its net profit rose 17% in H1 on its interest and non-interest incomes expanding.
Union Bank of the Philippines hires senior officers for compliance
A new relationship manager has also been appointed.
Hong Kong total credit card receivables down 2.5% to $19.03b in Q2
This is slower than the 5.8% decline recorded in Q1 2025, official data showed.
Ant, RayNeo to bring AR glasses payments cross-border with Alipay+
They plan to enable the use of AR glasses for in-store payments.
Bank of Singapore offers UHNWIs SFO-style investment vehicle
They can qualify for tax exemptions of single-family offices without setting up one.
Commentary
Electronic trading proves its strength in times of volatility