News
TransferMate clinches MAS approval to add payment services
TransferMate clinches MAS approval to add payment services
This expands its existing suite of products in Singapore to include storing funds.
Security Bank modernises core systems to meet digital demand
The bank is investing in AI, cloud, and omnichannel platforms to future-proof its operations.
Fintech gains edge in APAC card payment battle
Rising card volumes spotlight diverging strategies between banks, fintechs, and platform giants.
Security Bank taps employee stories to boost loyalty
The Philippine lender’s #YouMatter campaign aims to humanize the brand.
DBS and UOB earnings to show impact of SORA, credit costs
DBS should have good earnings, whilst the effect of SORA is a point of interest.
Taiwanese investors adopt conservative strategies in 2025: survey
Saving and wealth accumulation remains the top goal amongst the 9,000 respondents.
Commonwealth Private unveil self-directed investment option for wholesale investors
Private Wealth Advantage is a self-directed investment option for wholesale investors.
Islamic finance market to be valued at $7.7t in 2033
The global market was $2.5t in 2023, according to Allied Market Research.
Auto finance market to be valued at $5.6t by 2031
The passenger vehicles segment held the largest share of revenue in 2021.
MUFG’s profits down 1.8% to $3.71b in Q1 FY2025
Ordinary income declined 7.7% from a year earlier.
Citi expands JANA and Asia South teams with new senior hires
In-house banker Adrian Khoo has been named co-head of DCM for JANA and Asia South.
Financial institutions boost engagement with digital transformation
Banks focus on trust, transparency, and security in digital self-service.
Malaysian banks’ has healthy liquidity buffers, lower impaired loans in June
Aggregate liquidity coverage ratio is 160.6%.
Banking Circle S.A. acquires Australian Settlements Limited
Banking Circle offers instant payment technology to payment companies and banks.
RCBC, Visa launch real time payments and money transfer platform in the Philippines
Visa Direct reaches 8.5 billion endpoints in over 190 countries and territories.
BDO Unibank’s earnings trimmed on higher opex and provisions
The bank’s opex rose 14% in Q2, whilst impairment loss provisions climbed 38%.
Financial complaints surpass 100,000 in Australia in 2024-25
Banking and finance related complaints fell 9% on declining scam-related complaints.
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Most Read
1. MAS cracks down on influencers promoting financial products 2. OCBC to enable scan and pay on all China merchant QRs by Q1 2026 3. MAS expands Ripple’s scope of payment activities in Singapore 4. DANA Indonesia launches verified digital wallet for teens 5. HitPay and Visa to expand Philippine SMEs’ payment acceptanceResource Center
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Awards
Jul
02
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Event News
Asian Banking & Finance Fintech Awards 2025 Winner: Bhagavi Sridharan of Aditya Birla Capital Digital
Bhagavi Sridharan explains how the ABCD app offers a seamless, unified experience across diverse financial products.
Commentary
Fighting fraud in the digital banking age