News
HSBC’s PayMe allies with AsiaPay to offer merchant payment solutions
HSBC’s PayMe allies with AsiaPay to offer merchant payment solutions
																					
							The collaboration attracts customers through versatile payment choices through a unified device.
						
					
					
				Clifford Capital Holdings names J.P. Morgan banker as new CEO
																					
							P. Murlidhar Maiya was CEO of the bank’s South and Southeast Asia businesses.
						
					
					
				Ripple clinches in-principle regulatory approval to offer digital payment tokens in Singapore
																					
							Majority of its on-demand liquidity transactions flow from Singapore, the company said.
						
					
					
				MAS completes investigation on Citadelle; no further action taken
																					
							Citadelle did not breach the Trust Companies Act, according to MAS.
						
					
					
				MAS fines 4 entities S$3.8m for failures in anti-money laundering controls
																					
							DBS and OCBC are fined S$2.6m and S$600,000, respectively.
						
					
					
				MAS suggests digital money standards through whitepaper
																					
							The paper includes technical specifications detailing the entire lifecycle of purpose bound money.
						
					
					
				HSBC names Paul Jeremy Brough as independent non-exec director
																					
							Brough is also an independent non-exec director of Guoco Group and Toshiba.
						
					
					
				More than 2,600 Thai entrepreneurs benefit from GHL expansion of Alipay+
																					
							Tourists can pay through AlipayHK, Kakao Pay, Touch 'n Go eWallet, and Alipay.
						
					
					
				India's competition entity approves HDFC’s request to increase shareholding in HDFC Life, Ergo
																					
							HDFC increased its shareholding in the two entities to more than 50%.
						
					
					
				CIMB collaborates with Sun Life and CTOS, to introduce ASB financing solution
																					
							It aims to amplify financial literacy amongst Malaysians.
						
					
					
				AXA, Carbon Wallet partner to reward green lifestyle
																					
							This partnership incentivises actions toward a sustainable lifestyle.
						
					
					
				Thailand’s Krungsri sets sights on Vietnam expansion with SHB Finance acquisition
																					
							Krungsri will acquire the 50% remaining shares of SHB Finance over the next three years.
						
					
					
				Thailand publishes revised consultation paper on virtual bank framework
																					
							BOT will propose licensing regulations by July.
						
					
					
				Maybank Singapore to maintain capital, liquidity above regulatory waters: Moody's
																					
							The bank hopes to keep a low problem loan ratio of around 0.5%. 
						
					
					
				Mox receives licence for HK-US equity trading services
																					
							The licence makes it the first Hong Kong virtual bank to offer this service.
						
					
					
				MDBs certain on new financing principles with Paris Agreement targets
																					
							The collection of technical papers showcases their strategies and plans correlating to the Paris Agreement.
						
					
					
				Maybank's asset quality, profitability to remain stable: Moody's
																					
							Despite the sluggish economic growth, the bank’s problem loan ratio is predicted to stay at 1.5%. 
						
					
					
				
								
								
								
								
								
								
								
								
								
								
								
								
								
								
								
								
								
						
                
                
                
                
                
                
                
Commentary
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