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Why digital banks are becoming mobile service providers
Why digital banks are becoming mobile service providers
A compelling neobank operator uses mobile connectivity as a cross-leveraged product.
Global Islamic finance assets seen reaching $9.7t by 2029: LSEG
Malaysia remains on top of the Islamic finance development rankings.
Krungsri’s capital and stable profitability mitigates elevated loan risks
The bank is expected to enjoy a very high probability of support from parent MUFG.
Simplified SFO tax scheme to reduce friction, ensure benefits, MAS says
MAS recently announced plans to ease requirements on the tax framework for single family offices.
Siam Commercial Bank, Visa, SoftSpace launch tap-to-pay services at two Bangkok markets
Businesses can provide the service either through a smartphone or dedicated EDC machine.
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.
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Experts explored how hybrid multi-cloud strategies and interconnected data centres are shaping the future of banking in the region.
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Why Singapore’s fast payments need faster protections