News
Cambodia and Japan enable QR code payments between the two countries
Cambodia and Japan enable QR code payments between the two countries
Bakong system users can pay using JPQR, and Japanese users can eventually pay through the KHQR.
CIMB Philippines says fund transfer issue ‘resolved’
All affected customers have had their funds returned, the bank said
Bangkok Bank, The Mall Group launch campaign to expand co-branded card customer base
They also plan to develop new products aimed for foreign tourists, especially those from China.
Eight financial institutions defaulted in 2024: S&P
Majority are NBFIs, and most are located in the Americas.
BSP ‘closely coordinating’ with CIMB to resolve unauthorized fund transfers
The BSP said that it will continue to monitor the issue until it is fully resolved.
Citi names Goldman Sachs banker as head of markets solutions in Asia South & North
Chan spent 10 years as head of FICC and equity distribution for SEA at GS.
Revolut Singapore hits first year of net profitability in 2024
Annual revenue rose 70% YoY and profit margin is 15%, it said.
Uno Digital Bank enhances lending with new loan management system
It reportedly reduces manual lending processes and supports multichannel disbursements.
Standard Chartered names Andrea Casati as head of client dev’t for global banking
Casati will be based in Hong Kong.
HSBC Singapore unveils wealth centre at The Star Vista mall
Premier customers can enjoy complimentary refreshments at the adjacent café.
Alipay’s QR payment tap solution surpasses 100 million users
Ant Group said that it is investing CNY10b to grow the Alipay Tap! ecosystem.
Dah Sing Bank warns against seven fraudulent websites
Customers are reminded to check the URL and look for a secure padlock icon.
Thailand’s credit and charge card payments to rise 7.1% to $65.6b in 2025
Benefits such as rewards points, discounts, and cashbacks helped push for its growth.
Trade tension woes may hurt Chongqing Rural Comm Bank’s net profits
The bank’s EPS may fall by 1.8% or grow by as much as 1.5% this year.
ANZ names Chris Raciti as country head of ANZ Singapore
He will also have oversight for eight markets in SEA, India, and the Middle East.
Kiatnakin Phatra Bank can reduce losses on sale of repossessed vehicles
Net profit fell by 30% to THB1.06b in Q1 2025.
Japan’s Chiba Bank to maintain strong long quality, profitability: Moody’s
Its NPL ratio is lower than the average of large regional banks in the country.
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