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Singapore and Vietnam expand MOU on financial innovation
Singapore and Vietnam expand MOU on financial innovation
It enables cross-border retail payment connectivity using QR codes.
BNPL platform ChopNow announces four new partners
Products available in the platform can be paid in installments.
Hang Seng Bank becomes green partner of HKSTP
They will develop two programmes to promote sustainability in businesses.
Australia says industry not ready to decommission BECS
The industry does not have a shared vision or transition plan yet.
South Korea’s household loans rise in Feb on higher mortgage demand
Home mortgage loans expanded at a faster pace than in January.
ICBC launches $11.04b tech and innovation fund
It will support “hard technology” such as semiconductors and advanced manufacturing.
Nomura Securities establishes Sustainable Innovation Investment Scheme
It will provide financial advice and financial services to support transition and innovation.
Nomura withdraws from Net-Zero Banking Alliance
MUFG and Mizuho remains signatories.
Financial advice enquiries skyrocket in Trump’s first 50 days
Investors now seek protection strategies for their portfolios.
YouBiz and Tiktok launch ad spending cashback for businesses
TikTok advertisers can receive up to US$100 in ad credits.
FSIs struggle to meet rising consumer expectations on finance
Consumers demand more personalised financial wellness solutions, pushing FSIs to enhance automation.
Weekly Global News Wrap: Piraeus buys 90% of Ethniki Insurance; BBVA SA seeks double CIB revenue
And the world’s leading climate coalition seeks new members as it overhauls rules
Cambodia enables cross-border QR code payments via UnionPay
Cambodians need only to scan the UnionPay QR Code to pay.
Japan's financial institutions report $4.28t in loans as of Feb 2025
It is a 3.1% increase from the same month last year.
More Gen Z Hong Kongers taking up revolving line accounts
New accounts granted to them more than doubled.
Thai finance operators tone down loan growth targets amidst asset quality concerns
They foresee a weaker-than-expected economic outlook in 2025
Vietnam calls on banks to enhance financing for Mekong Delta rice industry
Banks are asked to ensure no delays or denials in loan access for those with good business plans.
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1. DBS partners with Austrade to help Australian companies expand into SEA 2. BTN pitches Indonesia’s subsidized mortgage scheme as a sustainable finance model 3. Citi Singapore almost triples wealth transactions after digital revamp 4. ASIC issues warning to influencers promoting high-risk financial products 5. MUFG eyes enhancing intra-Asia flows, sustainability, O&D in FY2025Resource Center
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He advises that fintechs must align tech investments with business goals and evolving customer expectations.
