News
NAB to require facial biometrics for new customers
NAB to require facial biometrics for new customers
Customers will be required to scan an identification document and face match.
SMBC builds Africa presence with four new collaborations
It aims to support trade and investment, financing, and alleviate food shortages, it said.
ANZ prevented, recovered over A$100m in scam and fraud-related funds
Its customers' financial losses to scams fell by 15%, the bank said.
Bank Islam Malaysia profit misses analyst estimates on higher provisions
Fee income lifted operating revenue but was offset by loss provisioning and overheads.
Tazapay nabs fresh funding from Series B round
The cross-border payments firm will also expand to Japan.
Wealthtech serves Hong Kong’s underserved affluent investors
Digital platforms open private markets and lower entry barriers.
Citi Commercial Bank names Galvin Phua as head of markets solutions
He will drive the strategy for market solutions for CCB clients in Asia South and North.
Mastercard names Richard Wormald as new APAC president in 2026
Paul Monnington will take over Wormald’s role as Australasia division president.
China CITIC Bank Int’l, Hang Seng Bank support offshore RMB repo reforms
CNCBI has completed the first batch of transactions, it said.
StanChart, Ant Int’l introduces AI powered treasury and FX solution
It aims to lower FX costs and enhance risk management for Ant Int’l and its clients.
Atome Financial’s operating income up 63% to $236m in 2024
As of Q2 2025, annualised net revenue has surpassed $500m, it said.
Bendigo and Adelaide Bank expected to maintain stable credit quality
The bank’s credit losses are expected to remain low over the next two years.
JCB, BNI launch corporate card for Japanese corporations in Indonesia
This is JCB’s first corporate card product in Indonesia.
2C2P clinches major payment institution license in Singapore
2C2P can now offer money transfer services in Singapore, amongst others.
Commercial real estate woes persist for Bank of East Asia
NIM will weigh on profitability but its non-interest income will cushion impact.
DBS tokenises structured notes, to distribute via ADDX, DigiFT, HydraX
To start, it will tokenise cash-settled crypto-link participation notes.
Citi has appointed Asghar Ali as head of corporate banking real estate
Prior to his new role, Ali has been based in Hong Kong since 2007.
Commentary
Fighting fraud in the digital banking age