News

PwC, StanChart release analysis on CBDCs' role in future banking

The paper highlights CBDCs programmability and how they can revolutionise retail, trade, and supply chain finance.

JCB reduces GHG emissions by 54.4% in 2022

It also shared the initiatives which took place last year.

Public Bank unveils PB SecureSign in major security overhaul

This is in line with the bank’s commitment to boost cyber protection.

MAS slams 6 ex-Great Eastern financial advisers with prohibition orders

This follows after the six individuals were convicted of tax evasion.

APAC real-time payments to grow 14% through 2027

Over 49 billion RTP transactions were made in APAC throughout 2022.

MAS grants Wallex new services in addition to MPI license

The new services come on top of its Major Payment Institution (MPI) license.

CIMB Group's net income up 15.3% in Q1

Its net income showed a 15.3% climb year-on-year.

Hong Kong mortgage loans down 21.2% in April

The number of mortgage applications also dropped by 27.6% to 8,368 applications.

Hang Seng, Mastercard to launch the MMPOWER touch card

Cardholders can earn up to 5% +FUN Dollars whilst spending online and offline.

Livi Bank revolutionises banking for SME with fast-track account and loan approvals

Hong Kong-based digital bank leverages AI, eKYC, and machine learning to streamline banking processes for SMEs.

Winnie Chen named BNY Mellon's Singapore chief executive

This is in addition to her role as APAC Head of Treasury Services.

StanChart, SFA unveil paper exploring DLT-use in supply chain payments

The publication explores stakeholder collaboration for improved payment transparency in supply chains.

Bad loans of South Korean banks rose in April

Business loans classified as SBLs fell slightly.

Alipay+ available to Asian tourists for Barcelona, Madrid Clarins purchases

About 60% of Clarins Spain shoppers are from Asian nationalities pre-pandemic.