News
Citi teams up with Ant to improve airline FX solutions
Citi teams up with Ant to improve airline FX solutions
The Falcon TST Model can predict future data points by learning patterns using AI.
Taiwan’s ATM, money transaction volumes outperform global averages
Over 93.3% of Taiwanese adults have a bank account, higher than 76.2% globally.
KEB Hana Ban’s problem loans rising, but profitability stable
Net interest margin will decline whilst credit costs will rise.
CIMB Group to maintain stable capital, liquidity, problem loans
Successful de-risking initiatives will support its ‘stable’ problem loans ratio.
Westpac eases home loan rules for self-employed Australians
It now requires only one year of income records, rather than the previous two.
Ant Int’l’s Antom upgrades AI agent
The Chargeback AI Assistant builds a tailored response based on automated case-by-case analysis.
BPI’s revenue up by 14% YoY to $1.6b in H1
It was driven by the 16.2% increase in net interest income.
Chinese yuan loans, deposits rose in H1 2025
Outstanding yuan loans grew 7.1% to $37.41t.
Mastercard unveils new perks under “The Mastercard Collection.”
It includes fast-track security lanes in airports and Live Nation events’ ticket access.
Demand for loans in Japan “about the same” in April-June
Firms of all sizes saw little change in demand during the period.
Hong Kong lenders consider making bad bank to offload $25b in soured loans
Hang Seng Bank and BoCom reportedly mulled setting up a special vehicle.
Singapore banks’ interest income expected to come weaker in Q2
Net interest margins of the 3 banks are expected to compress by 5-7 basis points.
Thailand’s SCB enforces SIM name match requirement
Customers can still make transactions as usual on ATMs and branches.
HSBC appoints Runa Baksi as head of SEA for global trade solutions
Baksi will oversee GTS across Singapore, the Philippines, Thailand, and Vietnam.
South Korean banks to tighten household lending standards in Q3
This was due to the strengthening of household debt regulations.
Australia floats removing surcharge on card payments, lowering interchange fee cap
Lowering the cap could save businesses $1.2b in fees per year.
BofA appoints new heads for Global Payments Solutions in APAC
Lin Guo and Kitty Yen are head of GPS China and GPS Taiwan, respectively.
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