News
Chongqing Rural Commercial Bank’s profitability likely to be stable through 2026
Chongqing Rural Commercial Bank’s profitability likely to be stable through 2026
The bank still faces high asset risk, although it has built up strong buffers.
UnionBank of the Philippines rolls out pilot for easier retirement account opening
Users can now open PERA accounts using their bank or e-wallet data.
Airwallex acquires OpenPay, to compete directly with Stripe Billing
Billing capabilities will be rolled out by Q4, Airwallex said.
Ant International’s Antom launches agentic payment solution
Antom can specifically connect AI agents to APMs using Antom EasySafePay.
India’s HDFC Bank invests in quantum-safe cybersecurity firm QNu Labs
QNu Labs was founded in 2016 and incubated at ITT Madras Research Park.
Australia’s Westpac to hire 350 bankers by 2027: report
It aims to enhance business banking and expand its market share in regional Australia.
Experian and SFA launch partnership to boost FinTech growth
The goal is to accelerate the growth of high-potential companies offering scalable technologies.
PH digital bank GoTyme expands free InstaPay transfers to 20 per month
After the 20th transfer, each transaction will cost PHP 9.
Over 370,000 Singapore bank customers used the money lock feature
More than $30b have been locked up.
SG banks’ uncertainty ratings revised to low as tariff risks ease
Their uncertainty risks were raised to medium in April 2025.
Citi named primary liquidity provider in RMB repo scheme
It is currently the only American bank of the 11 dealers in the scheme, the bank said.
Gold to hard-carry Bank Syariah Indonesia’s margins
But overall growth will still be lower amidst industry-wide signs of asset quality deterioration.
SMBC invests in fusion energy start-up
It aims to accelerate the establishment of fusion power reactors’ supply chains.
MUFG Bank invests in LayerX
The two first entered into a business alliance in 2024.
Societe Generale Securities fined $2.53m for 33 market gatekeeper failures
Each order was placed within the last two minutes before market close, ASIC said.
SMBC Aviation Capital joins holding company acquiring Air Lease Corporation
SMBC Aviation Capital will have a 4.99% equity interest in the holding company.
Citi names Kaustabh Kulkarni as co-head of JANA and Asia South IB
Kulkarni joins from J.P. Morgan, where he spent 28 years.
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