News
Singapore launches electronic deferred payments to ease cheque phase-out
Singapore launches electronic deferred payments to ease cheque phase-out
EDP and EDP+ will be available in seven banks’ digital banking platforms.
HSBC Singapore unveils health and wellness centre at The Star Vista
They are provided 24/7 concierge and emergency care coordination, amongst other services.
Indonesia banks apply tighter lending standards in Q2 2025
Respondents are optimistic regarding credit growth until end-2025.
Security Bank highlights employees in #YouMatter series
The bank’s latest campaign shares real employee stories.
The Philippines unveil tap-to-pay fare system in metro line
Commuters can now pay train fares in MRT-3 stations with their credit or debit card.
129Knots and Green Link launch embedded finance for marine fuel liquidity
The financing is a first in the industry to introduce a liquidity framework for marine operations.
KBANK credit costs’ set to exceed target on trade pressures
In the worst-case scenario, credit cost could rise to 170bp.
Krungthai Bank’s net profit dip 1% to $344.37m in Q2
Basic earnings per share is THB0.8 for the quarter.
Shinkin Central Bank’s strong liquidity backed by sticky member deposits
It has very low credit risk in its investment portfolio and loan book, says Moody's.
India’s Federal Bank rolls out biometric card payments for e-commerce
Customers can authenticate online purchases with fingerprint or face ID.
Malaysian bank’s gross impaired loans could rise by 5.6% in FY2025
Hong Leong Bank and Public Bank may be least impacted if GILs rise by 10%-30%.
DBS launches bespoke private assets solution for UHNWs and family offices
The bank has teamed up with Hamilton Lane to launch PATH.
Moomoo Singapore surpasses 1.5 million app users
The investment app has launched an AI investment assistant.
SCB X net profit up 18.7% to $386.9m in H1
Q2 net profit rose 27.7% on higher investment gains and reduced losses.
ADB maintains strong capital as lending and leverage rise
It is expected to release $10.3b in climate financing to its sovereign borrowers.
Credit unions could see up to $10b uplift by closing tech gaps
They will have to overcome weaker digital sales and outdated platforms.
UBS to adopt LSEG data and analytics solutions
It will affect the bank’s asset classes, business franchises, and trade lifecycle.
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