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MAS, banks move to address PayNow surcharge amid fee concerns
MAS, banks move to address PayNow surcharge amid fee concerns
Singapore’s central bank says banks must ensure transparency as it reviews surcharges on PayNow.
Standard Chartered ink partnerships to deepen global Indian proposition
The bank wants to further unlock access to Indian business networks in Singapore.
SG connects over 80 FIs under PathFin.ai initiative
It is also developing an AI risk management handbook under Project MindForge, due later this year.
India’s retail payments now 99.8% digital: CareEdge
Cards and prepaid instruments are stable or in decline as UPI increases in popularity.
Australia rate cuts ease pressure on mortgage arrears: Fitch
One more rate cut in 2025 may lower arrears further, the ratings agency said.
ANZ unveils five-year plan, will simplify retail and commercial divisions
The Australian lender also plans to accelerate the integration of Suncorp Bank.
CBA named best in APAC for AI maturity
The bank was first on talent development and responsible AI leadership, the index said.
HitPay offers stablecoin payments acceptance to small and medium businesses
Merchants are settled in fiat and reconciled in HitPay.
ShopBack Pay officially launches in Hong Kong
Octopus has added it as a payment option.
HDFC Bank noted for effective risk controls and employee well-being
It got its highest score on the social pillar of ESG, based on NSE’s report.
Mainland tourists drive WeChat’s growth during National Day
Cross-border transactions in Weixin Pay increased by 21% year-on-year
DBS forecasted to post softer Q3 earnings, maintain DPS at S$0.60
The reduction of the SORA could pressure the bank’s net interest margin.
ABC Impact, DBS, UOB establish US$110m sustainability-linked subscription loan
Proceeds will be used for ABC Impact’s ABC Impact Fund II.
Citi’s India IPO pipeline ‘largest on record’
India’s overall IPOs are expected to hit between US$15b to US$20b through Q3 2026.
BRIS targets top five global Islamic bank spot with Hajj, gold push
The Indonesian bank eyes a 25% ROE.
Standard Chartered accelerating gen AI, data training for workforce
Over 15% of SC’s Singapore-based employees have undergone AI programme courses.
Hang Seng Bank declares Q3 interim dividend of HK$1.3 per share
Payment date will be on 13 November 2025.
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1. OCBC new investors triple as bank braces for 2026 gold, silver uptick 2. How digital payments are forcing QSRs to rebuild checkout and staffing 3. DBS pilots Visa Intelligent Commerce for agent-initiated payments 4. Japanese banks face bond yield shocks as yields hit 2.23% 5. BEA’s profit down 24% to $447.87m in 2025 as China losses mountResource Center
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