News
Wealth transfer drives demand for tax services, portfolio stability: study
Wealth transfer drives demand for tax services, portfolio stability: study
Wealthy clients also want customised intergenerational wealth strategies, the study found.
Over 1 in 3 Maya credit cardholders from deposit-backed black express card
The minimum express deposit serves as the basis for the customer’s credit limit.
Indonesia’s Krom Bank renews partnership with Mambu
Krom aims to have over 20 million accounts by 2030.
Five ASEAN countries to establish common standards for non-card instant payments
The accord is part of a 50-year roadmap to develop payments.
HSBC, Juspay unveil acquiring platform for merchants
It offers multiple payment methods through a single provider.
PAOBank, OneConnect to use advanced AI to fight deepfakes
The firms join Hong Kong’s fraud detection cohort.
DBS named Southeast Asia's most valuable brand in 2025
WIth a brand value of $22.2b, it overtook Malaysia's Petronas.
Why digital banks are becoming mobile service providers
A compelling neobank operator uses mobile connectivity as a cross-leveraged product.
Global Islamic finance assets seen reaching $9.7t by 2029: LSEG
Malaysia remains on top of the Islamic finance development rankings.
Krungsri’s capital and stable profitability mitigates elevated loan risks
The bank is expected to enjoy a very high probability of support from parent MUFG.
Simplified SFO tax scheme to reduce friction, ensure benefits, MAS says
MAS recently announced plans to ease requirements on the tax framework for single family offices.
Siam Commercial Bank, Visa, SoftSpace launch tap-to-pay services at two Bangkok markets
Businesses can provide the service either through a smartphone or dedicated EDC machine.
MAS, banks move to address PayNow surcharge amid fee concerns
Singapore’s central bank says banks must ensure transparency as it reviews surcharges on PayNow.
Standard Chartered ink partnerships to deepen global Indian proposition
The bank wants to further unlock access to Indian business networks in Singapore.
SG connects over 80 FIs under PathFin.ai initiative
It is also developing an AI risk management handbook under Project MindForge, due later this year.
India’s retail payments now 99.8% digital: CareEdge
Cards and prepaid instruments are stable or in decline as UPI increases in popularity.
Australia rate cuts ease pressure on mortgage arrears: Fitch
One more rate cut in 2025 may lower arrears further, the ratings agency said.
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1. MAS cracks down on influencers promoting financial products 2. OCBC to enable scan and pay on all China merchant QRs by Q1 2026 3. MAS expands Ripple’s scope of payment activities in Singapore 4. DANA Indonesia launches verified digital wallet for teens 5. HitPay and Visa to expand Philippine SMEs’ payment acceptanceResource Center
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Asian Banking & Finance Fintech Awards 2025 Winner: Bhagavi Sridharan of Aditya Birla Capital Digital
Bhagavi Sridharan explains how the ABCD app offers a seamless, unified experience across diverse financial products.
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Fighting fraud in the digital banking age