News
Philippine bank lending up 10.3% in October
Philippine bank lending up 10.3% in October
But loans to non-citizens saw a faster rate of decline during the month.
Hong Kong’s credit card market cools as jobless rate hits three-year high
Gen Z demand also saw a decline during the quarter.
ASIC proposes updates to credit disclosure as rules expire
It proposes changes to reverse mortgage information statement.
ASIC proposes reviewing relief instruments for financial services licensees
The two instruments will lapse in 2026.
Taiwan inks MOU with India’s IFSCA for bilateral supervisory cooperation
CTBC Bank and Taipei Fubon are seeking to set up branches in GIFT City.
HSBC names Brendan Nelson as group chair
He will remain chairman of the group audit committee until February 2026.
India’s Bitget Wallet integrates Tether marketplace in its platform
It promises competitive rates.
UnionPay and NAPAS launch China-Vietnam cross-border QR pilot
About 30,000 Vietnam merchants are set for QR payments by 2025.
Macau Pass and Alipay roll out tap-to-pay using mobile phones
Users will no longer need to scan a QR code, just tap their unlocked device in a terminal.
What makes Malaysia and India more creditor friendly than the Philippines?
The Philippines is ‘unpredictable’ in enforcement of laws and resolution time.
Thousands of Aussie financial advisers fall short of 2026 rules
Over 2,300 advisers or providers risk losing authorisation on 1 January 2026.
AI authenticity risks undermine digital banking
Banks warned to secure data integrity amid rapid AI adoption.
SFF shifts focus toward global fintech impact
GFTN outlines shift from scale to real-world outcomes.
Fiuu unveils tap-to-pay contactless payments on iPhone
Merchants must have the Fiuu VT iOS app and at least an iPhone XS.
HitPay and Visa to expand Philippine SMEs’ payment acceptance
SMEs can process both in-store and online transactions without a bank contract.
MAS expands Ripple’s scope of payment activities in Singapore
Ripple uses digital payment tokens to offer end-to-end payment solutions.
Citi names Yuko Nakayama as head of ECM for Japan investment banking
The ECM team in Japan will report to Nakayama.
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