News
IATA to offer digital currencies in its financial settlement systems
IATA to offer digital currencies in its financial settlement systems
It will being offering the digital renminbi in the China Billing and Settlement Plan.
Weekly Global News Wrap: Ayala sells part of GCash stake; Some FIs halt trading with Nomura
And Jamie Dimon blasts several US regulatory initiatives.
Trust Bank, Income Insurance rolls out new travel insurance
It offers coverage for unused entertainment tickets, and shopping and baggage coverage.
BOCHK makes fully automated transactions of corporate remittances
BOCHK is the first Hong Kong commercial bank to connect to mBridge.
BNY appoints Fabian Khoshbakht as head of APAC treasury services
He will remain the treasury services head of Client Insight and Innovation.
Hang Seng Bank eyes Middle East expansion
Its two subsidiaries already have collaborations planned in Saudi Arabia.
Standard Chartered, Ant complete HKD intra-group transactions
Ant will make use of StanChart’s treasury management principles in moving funds.
HSBC, Ant Int’l complete HKD cross-bank test transactions
The use case integrates HSBC and Hang Seng’s networks with Ant’s Whale platform.
PayNways Simplifies Global Payments for User-Friendly Experience
Payments industry needs more simplification.
Fintechs drive instant, low-cost cross-border payment solutions
Direct access to local payment schemes expected in 2025.
Insurance companies in Asia face fast-paced regulatory changes
It challenges insurance companies' operations.
APAC mobile wallet adoption driven by e-commerce growth
Immediate payment systems fuel continued expansion of mobile wallet usage.
PH cybercrime body, JuanHand ink MOA on combat fintech lending cybercrime
They will develop a data and information sharing mechanism.
BIS, central banks embed regulatory compliance in cross-border payments
Project Mandala has now reached proof of concept stage.
BEA launches stock trading platform BEA SmarTrade
It has watchlist and stock portfolio features, and gives real-time market quotes.
Hong Kong tells financial firms to adopt “risk-based” approach to AI adoption
The government will adopt a dual-track approach that considers risk.
Bank of Singapore unveils alternative investment digital platform for independete asset managers
Close to 30 funds will be made available in FIM Alternatives Select.
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Event News
Banks can respond by moving toward a hybrid advisory model.
Commentary
How alternative data lending is reaching Southeast Asia's unscored MSMEs
Asia is leading payments modernisation and banks can't afford to fall behind
Investing in an inefficient market
Platinum cards, paper-thin compliance?
Energy price volatility highlights structural gaps for managing FX risk in APAC