News

SEA’s interest in lending products increase 15%: Study

Total number of monthly requests is at 741.5k per month.

Bank of the Philippine Islands relocates main office temporarily

This is in view of the temporary relocation and consolidation of its three leased offices.

HKMA, local bank association launch charter to prevent credit card scams

The industry is directed not to send SMS with embedded hyperlinks.

Digital upskilling vital to Asian banking sector’s future

Coursera’s Raghav Gupta stresses the necessity of bridging the skills gap amid the rapid pace of digital transformation in the Asia Pacific banking scene.

Visa, Hyundai Card team up to create data products

This alliance consists of 18 major industry players.

Korea Eximbank issues $580m Kangaroo bonds

This is the largest amount raised by a South Korean lender.

Bank of Shanghai to have sound asset quality, profitability at 0.7%: Moody’s

The bank’s net income/tangible assets fell to 0.74% in 2022 due to a decline in net interest income and fee income. 

UOB partners with Jewel Changi for cards campaign

This campaign aims to expand its reach toward ASEAN countries.

Thailand’s KTC, Ant Group launch Alipay+ services in Thailand

Tourists can now pay using AlipayHK, Touch ‘n Go eWallet, and Kakao Pay.

MAS kicks off public consultation for code of conduct of ESG ratings, data products

The proposed code will establish minimum industry standards of transparency in methodologies and data sources.

Southeast Asian banks thrive in competitive differences, digitalisation

Maybank’s Thilan Wickramasinghe reveals contrasting strategies employed by banks in the region and the impact of technological trends on the sector.

SG’s PayerMax receives licence from Indonesia’s central bank

This makes Indonesia its sixth market to obtain a licence.

MAS unveils open-source toolkit for responsible AI-use in finance

It was supported by the collaborative effort of the association of 31 industry players.

MAS forms Project Guardian Industry Group with 11 FIs

The report explores the application of CPMI-IOSCO principles for financial sector infrastructures to emerging models of digital asset networks. 

Alipay+ payments now accepted across 2,400 7-Eleven Malaysia stores

Users of AlipayHK, GCash, Kakao Pay, and TrueMoney can now use their mobile wallets in these stores.