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What will drive Indonesia’s credit card market to a 9.8% CAGR?
What will drive Indonesia’s credit card market to a 9.8% CAGR?
In 2024, the market saw a 7.8% rise in value.
Australia's card acquiring market to grow 5.5% in 2025
This marks a slower pace of expansion compared to previous years.
Cake Digital Bank’s facial biometrics clinches highest-level ISO certification
Its system verifies without need for interaction such as blinking or facial gestures.
DBS Hong Kong unveils new membership tier for treasuries clients
Clients can enjoy brokerage fees starting at just 0.1%.
China’s XTransfer granted electronic money institution license in the Netherlands
They plan to expand services across 30 countries in Europe.
Jeju Bank will still have Shinhan FG support despite diluted stake
The Korean bank will expand its business outside of Jeju Island, says Moody’s.
DBS adds extra toggle when adding cards to mobile wallets
This creates a “deliberate pause” for users to verify their intention, the bank said.
Sea rebrands digital finance business SeaMoney to Monee
It has also opened a new headquarters for its digital finance operations.
OCBC’s net profit rose 5% to S$1.88b in Q1 2025
Earnings per share is S$1.68 for the quarter.
Australia launches new license application portal
It has automatic pre-filling of application details.
CIMB still on track to hit 2025 loan growth target
Clients have reportedly turned cautious.
Macquarie Bank to make remediation plan for recurring compliance failures
The bank failed to prevent 11 suspicious orders placed on the electricity futures market.
NZ banks have ‘strong capital and liquidity buffers’ to maintain credit flows
Risks have risen, but the banks remain profitable and bad loans will decline.
Bhutan enables national-level crypto payment with Binance Pay
The QR payments are expected to accept over 100 cryptos.
Hong Leong Bank unveils Meet @ HLB Branch concept in Semenyih
The branch is open from 12:30 PM to 7PM, including weekends.
Banks must diversify income and review pricing: analysts
They must identify customer relationships with low or negative profit.
DBS’ net profit fell 2% to S$2.9b in Q1 2025 on higher tax expenses.
Interim dividend is 60 cents per ordinary share.
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1. MAS cracks down on influencers promoting financial products 2. OCBC to enable scan and pay on all China merchant QRs by Q1 2026 3. MAS expands Ripple’s scope of payment activities in Singapore 4. DANA Indonesia launches verified digital wallet for teens 5. HitPay and Visa to expand Philippine SMEs’ payment acceptanceResource Center
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Asian Banking & Finance Fintech Awards 2025 Winner: Bhagavi Sridharan of Aditya Birla Capital Digital
Bhagavi Sridharan explains how the ABCD app offers a seamless, unified experience across diverse financial products.
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Fighting fraud in the digital banking age