News
Alipay’s QR payment tap solution surpasses 100 million users
Alipay’s QR payment tap solution surpasses 100 million users
Ant Group said that it is investing CNY10b to grow the Alipay Tap! ecosystem.
Dah Sing Bank warns against seven fraudulent websites
Customers are reminded to check the URL and look for a secure padlock icon.
Thailand’s credit and charge card payments to rise 7.1% to $65.6b in 2025
Benefits such as rewards points, discounts, and cashbacks helped push for its growth.
Trade tension woes may hurt Chongqing Rural Comm Bank’s net profits
The bank’s EPS may fall by 1.8% or grow by as much as 1.5% this year.
ANZ names Chris Raciti as country head of ANZ Singapore
He will also have oversight for eight markets in SEA, India, and the Middle East.
Kiatnakin Phatra Bank can reduce losses on sale of repossessed vehicles
Net profit fell by 30% to THB1.06b in Q1 2025.
Japan’s Chiba Bank to maintain strong long quality, profitability: Moody’s
Its NPL ratio is lower than the average of large regional banks in the country.
Bank Central Asia’s low costs, strong liquidity steadies earnings growth
Ample liquidity and low funding costs will optimise its returns, Maybank Securities said.
Payment infrastructure provider Juspay offers new office in Singapore
It shared plans to scale its Singapore team.
Compliance and legacy systems stall B2B payment shift
Retail drives digital payments as B2B adoption lags.
BPI’s net income up 9% to $293.2m in Q1
The Philippine-based bank reported higher non-interest income and total revenue.
Japan Post Bank to begin offering disaster recovery housing loans
The 41 branches with a loan service department will begin offering the service.
Bank of America appoints Phil Carmalt as head of APAC GPS
Carmalt joins from DBS Hong Kong.
TMBThanachart Bank may see loans contract by 1.7% in 2025
Its Q1 net profit dropped 5% compared to the same quarter in 2024.
VPBank has enough buffers against asset risk: Moody’s
It has a ‘sizeable’ exposure to the real estate sector and tariffs may impact the economy.
Krung Thai Bank reports flat net profit growth in Q1
Net interest income and non-interest income were higher than a year ago.
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He highlights the importance of cultural context, workforce mobilisation, and data-driven strategies in financial sector innovation.
