News

HSBC names Brendan Nelson as group chair

He will remain chairman of the group audit committee until February 2026.

UnionPay and NAPAS launch China-Vietnam cross-border QR pilot

About 30,000 Vietnam merchants are set for QR payments by 2025.

Macau Pass and Alipay roll out tap-to-pay using mobile phones

Users will no longer need to scan a QR code, just tap their unlocked device in a terminal.

What makes Malaysia and India more creditor friendly than the Philippines?

The Philippines is ‘unpredictable’ in enforcement of laws and resolution time.

Thousands of Aussie financial advisers fall short of 2026 rules

Over 2,300 advisers or providers risk losing authorisation on 1 January 2026.

AI authenticity risks undermine digital banking

Banks warned to secure data integrity amid rapid AI adoption.

SFF shifts focus toward global fintech impact

GFTN outlines shift from scale to real-world outcomes.

Fiuu unveils tap-to-pay contactless payments on iPhone

Merchants must have the Fiuu VT iOS app and at least an iPhone XS.

HitPay and Visa to expand Philippine SMEs’ payment acceptance

SMEs can process both in-store and online transactions without a bank contract.

MAS expands Ripple’s scope of payment activities in Singapore

Ripple uses digital payment tokens to offer end-to-end payment solutions.

Westpac to enable subscription viewing and cancellation in app

3 in 10 Australians say they are wasting money on duplicate or unused subscriptions.

Singapore and Japan renew bilateral swap arrangement

They can exchange local currencies of up to S$15b or JPY1.1t.

CIMB’s net profit up 2.34% to $502.6m in Q3

Non-interest income rose by over 20% during the quarter.