News

Mastercard Pay Local links cards to APAC wallets

Mastercard Pay Local links cards to APAC wallets

It allows consumers to use their Mastercard cards at over 35 million merchants.

90% of cross-border payments reach banks within an hour

But transparency remains a challenge for cross-border payment systems.  

GoTyme, foodpanda launch flexible loans to MSMEs

The loans are offered to foodpanda's partner vendors.

CredAble digitises financing to boost global trade efficiency

The firm addresses fragmented working capital financing.

Citi, Fidelity demonstrate real-time settlement of MMF and digital FX

It might enable faster, seamless management of treasury positions.

ANEXT Bank, Schroders to launch investment funds to MSMEs

Over 30% of ANEXT’s customers are foreign business owners.

HDBank reports profit before tax of $500m for Q3

Its consumer finance arm HD SAISON grew its loan book by 15%.

The Access Bank UK Limited officially opens Hong Kong branch

It will focus on international trade and commercial banking.

Hang Seng Invest, SAB Invest launch ETF

The ETF will debut on the Saudi Exchange on 31 October 2024.

Crypto platform Gemini clinches in-principle approval in Singapore

Gemini is one step closer to getting a major payment institution license.

OCBC demonstrates intraday institutional lending capabilities

It made use of reverse repos on J.P. Morgan’s Digitial Financing app.

BOCHK reports 6.1% higher net operating profit for Q3

There were reportedly more business opportunities as tourism recovered.

Singapore launches GFTN to strengthen fintech hub status

Sopnendu Mohanty will leave MAS in 2025 to become group CEO of GFTN

Endowus Hong Kong’s client base increased sevenfold

The group has surpassed US$200m in private markets and hedge funds.