News
DBS expands FX and commodities products as clients seek higher returns
DBS expands FX and commodities products as clients seek higher returns
DBS' 300,000 wealth clients are increasingly embracing FX and precious metals, said Rohit Meena.
Why banks see AI as a shift from product selling to service
There has been a notable 80% reduction in contact centre handling times.
HSBC sets up Singapore centre to explore quantum tech in finance
Initial priorities include PQC, QKD, and long-term infrastructure resilience.
Wealth customers turn to private markets for higher returns
US tech firms are helping drive interest, said digital wealth firm StashAway.
HSBC rolls out cross-border tokenised deposit service
TDS has completed its first USD cross-border transaction between Hong Kong and Singapore.
DBS’s multi-family office VCC hits S$1b assets under management
They are aiming to hit S$2b in AUM by end-2026.
High loan growth and weaker profitability weighs on Vietnam’s TPBank
Planned injection in a securities company affiliate will also weaken overall capitalization.
Australian regulator’s private credit scrutiny supports market stability: analyst
Better transparency, reporting, and oversight will strengthen the market.
Bank Mandiri's net profit growth to slow in 2025 due to opex adjustment
It is expected to be non-recurring.
Social pressures drive financial misreporting in Singapore
The highest misreporting rates are in the Philippines (47%) and Indonesia (45%).
New Zealand opens ESAS application process to all interested entities
In general, applications will be assessed in the order they were received.
Alipay+ enables overseas tap-to-pay service for Kakao Pay users
Kakao Pay users can now make NFC payments at Mastercard merchants worldwide.
China CITIC Bank Int’l adjusts down HKD prime rate to 5.375%
This is 12.5 basis points lower than the previous 5.5% rate.
Bangkok Bank named custodian of $65.9m private fund
The fund is by PTT Savings and Credit Cooperative, Limited.
ZA Bank surpasses 1 million customers
The Hong Kong-based digital bank saw deposits and card transactions rise in H1.
SMBC’s Bengalaru branch commences operations
Satoshi Onoe serves as head of the branch.
MoneyHero Group returns to quarterly profitability in Q2 2025
Platform membership grew 33% whilst EBITDA loss improved as well.
Thought Leadership Centre
Most Read
1. MAS cracks down on influencers promoting financial products 2. OCBC to enable scan and pay on all China merchant QRs by Q1 2026 3. MAS expands Ripple’s scope of payment activities in Singapore 4. DANA Indonesia launches verified digital wallet for teens 5. HitPay and Visa to expand Philippine SMEs’ payment acceptanceResource Center
Read Here
Advertise
Sign Up
Awards
Jul
02
Events
Event News
Asian Banking & Finance Fintech Awards 2025 Winner: Bhagavi Sridharan of Aditya Birla Capital Digital
Bhagavi Sridharan explains how the ABCD app offers a seamless, unified experience across diverse financial products.
Commentary
Fighting fraud in the digital banking age