News
How India’s credit card spending rose 14% in August
How India’s credit card spending rose 14% in August
CareEdge expects spending to pick up from September.
BEA marks 40 years in Shenzhen with new Futian flagship
The new branch offers banking and wealth management services.
UOB sees rising trade finance demand in ASEAN and Greater China
Digital payments made up 90% of total transaction volumes in the first half.
Singapore extends lead as regional fintech hub with 84% share
Regionally, fintech funding fell sharply to $1.1b (US$839m), down 39% from the same period in 2024.
Wealth transfer drives demand for tax services, portfolio stability: study
Wealthy clients also want customised intergenerational wealth strategies, the study found.
Over 1 in 3 Maya credit cardholders from deposit-backed black express card
The minimum express deposit serves as the basis for the customer’s credit limit.
Indonesia’s Krom Bank renews partnership with Mambu
Krom aims to have over 20 million accounts by 2030.
Five ASEAN countries to establish common standards for non-card instant payments
The accord is part of a 50-year roadmap to develop payments.
HSBC, Juspay unveil acquiring platform for merchants
It offers multiple payment methods through a single provider.
PAOBank, OneConnect to use advanced AI to fight deepfakes
The firms join Hong Kong’s fraud detection cohort.
DBS named Southeast Asia's most valuable brand in 2025
WIth a brand value of $22.2b, it overtook Malaysia's Petronas.
Why digital banks are becoming mobile service providers
A compelling neobank operator uses mobile connectivity as a cross-leveraged product.
Global Islamic finance assets seen reaching $9.7t by 2029: LSEG
Malaysia remains on top of the Islamic finance development rankings.
Krungsri’s capital and stable profitability mitigates elevated loan risks
The bank is expected to enjoy a very high probability of support from parent MUFG.
Simplified SFO tax scheme to reduce friction, ensure benefits, MAS says
MAS recently announced plans to ease requirements on the tax framework for single family offices.
Siam Commercial Bank, Visa, SoftSpace launch tap-to-pay services at two Bangkok markets
Businesses can provide the service either through a smartphone or dedicated EDC machine.
MAS, banks move to address PayNow surcharge amid fee concerns
Singapore’s central bank says banks must ensure transparency as it reviews surcharges on PayNow.
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1. Singapore banks face softer earnings as NIMs stay under pressure 2. How Gen AI is transforming banks’ financial advice, risk, and operations 3. Weaker OCBC earnings seen as margin pressure persists: report 4. Why Singapore’s fast payments need faster protections 5. Jewel Changi, Mastercard renew partnership amidst rising visitor spendResource Center
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Experts explored how hybrid multi-cloud strategies and interconnected data centres are shaping the future of banking in the region.
Commentary
Why Singapore’s fast payments need faster protections