News
Alipay, Mastercard enables visitors to transact digitally in China
Alipay, Mastercard enables visitors to transact digitally in China
Regardless of the origin of their Mastercard card, travellers can opt to choose this payment method.
Vietnam is Australian FIs' top pick to build digital hubs
The location is amongst the best to pursue software development, data analytics, and digital testing.
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.
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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
Why APAC banks must rethink their approach to the cost reduction challenge
Thailand backs major conglomerates for digital banks but risks stifling innovation