News
GoTyme Bank reaches 5 million users in 2024
GoTyme Bank reaches 5 million users in 2024
The bank is aiming to reach 9 million customers by end-2025.
Banks may be ill-equipped for demands of real-time payments
Stronger fraud prevention and anti-money laundering measures are needed.
Fitch forecasts growth in Philippine Islamic finance sector
The government plans to incorporate sukuk in its 2025 financing mix.
JCB expands contactless payment services to New Jersey public transportation
The service will be available on contactless bus and light rail validators.
Singapore bankers to see up to 30% pay rise in 2025
But overall hiring trend remains cautious with employers opting for replacement hiring.
Financial services professionals more optimistic about bonuses in 2025: report
The largest expected bonus increases are projected for professionals in private credit.
Hong Kong bankers to see 15% to 20% salary hikes next year
But middle and back-office recruitment is expected to focus on replacing existing roles.
167 financial services firms adopt AI initiatives: report
Nearly 80% financial services companies have launched at least one AI initiative.
ZA Bank’s Rate Watch offers $114 for lower interest proof
Users can still receive up to $24.20 even if a loan application is unsuccessful.
CIMB launches Malaysia’s first e-invoice payment terminal
The device also functions as a standalone Point-Of-Sale (POS) system.
Ant Int’l sees growth in 4 divisions, Alipay+ holds 1.6 billion users
Cross-border transactions processed via Alipay+ tripled year-on-year in 2024.
How much do Malaysian FI boards really cost?
Board chair retainer fees were typically 1.3 to two times higher than other board members.
South Korean banks' delinquency rate inches up to 0.48% in October
Resolved loans decreased by $1.8b month-on-month.
Panin Bank acquisition could boost DBS, OCBC profits
A full acquisition could increase fiscal year 2025 PATMI by 2% to 3%.
Global cryptocurrency market to growth by $34.5b in 2028
Key driver includes increased investment in digital assets.
Trust Bank gamifies new goal-based saving feature
It allows users to set personalised savings targets and manage up to five pot.
HSBC sued by Australian regulator for allegedly failing to protect customers from scams
The regulator claimed HSBC's local operator received 950 unauthorised transaction reports.
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Asian Banking & Finance Fintech Awards 2025 Winner: Lester Cruz of Singlife Philippines
Lester Cruz, CEO of Singlife Philippines, shares how the Singlife Plan & Protect app reimagines the full customer journey.
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