News
Taiwanese cards’ revolving credit rise to $3.84b in June
Taiwanese cards’ revolving credit rise to $3.84b in June
The average ratio of delinquency is 0.29%.
Palawan Group of Companies Marks 40th Anniversary, Continues Mission to Empower Filipinos
The celebration kicked off on August 5 with a spotlight on Palawan’s B2B arm.
Dah Sing Bank launch Payment Connect service in online platforms
The bank now offers instant cross-border remittance between the two markets.
Japan Post Bank’s net income up 8.9% to JPY104.86b in Q1 FY2026/3
Net income per share is JPY29.29, according to its consolidated financial results.
Fintech investments and deals slow to $44.7b in H1 2025
But the digital assets space has amassed nearly equal to its total 2024 investments.
National Australia Bank fined $15.5m for failing to respond to hardship claim
NAB and subsidiary AFSH are required to publish an adverse publicity notice.
NAB, Westpac cut interest rates of home loans
Westpac also cut the interest rates of deposits.
Digital banking platform market set to grow to $168.3b by 2032
Growth in internet users and the shift to online banking will drive its expansion.
India’s credit demand remained strong in Jan-Mar
Fresh disbursals reached $182.61b during the period, according to Experian.
Westpac names Carolyn McCann as chief executive, consumer
McCann was previous group executive for customer and corporate services.
CBA partners with OpenAI for scam and fraud detection, personalised services
CBA employees will progressively get access to OpenAI’s AI tools.
SoKor, Vietnam central banks ink MOU to strengthen cooperation
It specifies areas of cooperation in greater detail, the BOK said.
Alipay+ links with Kaspi.kz for cross-border payments in Kazakhstan
12 Alipay+ e-wallets can now scan-to-pay via Kaspi QR.
Malaysia’s SME Bank sees 158% increase in entrepreneurs financed in H1
About 1,632 have benefitted from the Maju Usahawan MADANI programme.
Citi names Jig Patel as head of prime finance for JANA and Asia SouthB
Patel will be based in Hong Kong.
Techcombank names Jens Lottner as CEO for a second term
Lottner’s term, which takes effect on 18 August 2025, will be up to 2030.
Commentary
Navigating liquidity challenges for VCs in Asia Pacific
Show, don’t tell: Asian banks need to prove simplification works – here’s how