News
OCBC to provide social loans to 10,000 women entrepreneurs by 2030
OCBC to provide social loans to 10,000 women entrepreneurs by 2030
It has supported over 2,000 women-owned SMEs as of June 2025.
Australia, New Zealand propose reforms on AT1 capital rules
New Zealand wants to remove AT1 capital and introduce more granular standardised weights for credit risk.
Ant International to launch Alipay+ in Saudi Arabia
It will connect to mada, Saudi Arabia’s national payment scheme.
SPD Bank Shanghai, XTransfer team up to help Chinese SMEs expand overseas
They aim to provide “safer, more efficient, more convenient” global collection and cash management services.
ANZ sets up resolution program, to submit remediation plan
ANZ could spend approximately A$150m on implementing the remediation plan.
SCB consolidates retail units under new consumer banking group
It is overhauling its branches as well as upskilling branch staff and relationship managers.
Philippine cash remittances up 3% to $3.18b in July
Cumulative cash remittances for the January-July 2025 period is now at $19.93b.
CIMB Singapore rolls out card for sole proprietors and SME owners
It offers zero FX fees and complimentary airport lounge access.
HSBC Private Bank rolls out gen AI platform for wealth management staff
It summarises the bank’s research reports and external news feed.
PayPay expands reach to 2 million South Korea stores via Alipay+ gateway
Users must complete identity verification on the PayPay app in Japan.
Standard Chartered Singapore posts 13.7% rise in H1 2025 net profit
However, total operating expenses also widened by 5.2%.
Bank of Commerce PH upgrades system of 140 branches and ATMs
The Philippine bank teamed up with InfoSys and IBM to roll out the upgrade.
Chart of the Week: Debit card fuel growth of Australia’s card payments market
Australians are choosing to spend within their means instead of accruing debt.
Hong Kong’s PAObank to offer free travel insurance to new customers
New customers must use the referral code "PAOBPR" to avail of the insurance.
RBA sets out plan to make payments system ‘anti-fragile’
It has also warned that delays in encryption and contingency plans risk fraud and disruption.
Alipay+ Voyager customers can book Grab rides in their e-wallets
The service is available to users of Alipay, AlipayHK, and GCash.
Citi’s new Singapore head is first local to hold the position in 50 years
Lee Lung Nien has been with Citi for 35 years.
Thought Leadership Centre
Most Read
1. MAS revokes BSQ payment licence over false disclosures and risk failures 2. Grab takes control of Indonesia’s Superbank via GXS transfer 3. HK banks to gain on IPO surge and stabilising property market 4. Digital wallets seize 65% of APAC payments 5. MAS backs Singapore's finance edge as global risks deepenResource Center
Read Here
Advertise
Sign Up
Event News
It is wading downstream from mortgages to lend to developers, hardware stores, and the likes.
Commentary
Built to last: How Japan is approaching the cross-border payments challenge
Asia’s 20% advantage: The simplification strategy rewriting banking from Singapore to Shanghai
Perth is emerging as an unlikely testbed for the future of global finance