News

HDBank’s profit after tax up 24.26% to $306.28m in H1

The bank cited its digital transformation, credit growth, and risk management.

Citi hires HSBC banker as head of China global banking network

Luen-Yuan Chu will head the corporate banking of international companies operating in China.

DBS’ net profit flat in H1 despite higher tax expenses

Markets trading income rose to its strongest performance in four years.

UOB’s net profit down 3% to S$2.83b in H1 2025

Interim dividend is 85 cents per ordinary share.

India’s RuPay enters partnership to offer better ticketing experience in BookMyShow

Cardholders will enjoy special access to some shows, including early pre-sale access.

ZA Bank’s Devon Sin joins TransUnion as chief product officer

Sin was most recently the bank’s alternative chief executive.

Banks explore stablecoins as digital currency gains traction

The future of banking deposits is changing due to the growth of stablecoins.

How stablecoins may challenge the traditional payments’ status quo

Stabelcoin transaction volume has exceeded $27t per year, according to official data.

Banks target 2030 cost cuts through transformation efforts

About 1 in 3 see embedding AI as a way to transform their organizations.

TransferMate clinches MAS approval to add payment services

This expands its existing suite of products in Singapore to include storing funds.

Security Bank modernises core systems to meet digital demand

The bank is investing in AI, cloud, and omnichannel platforms to future-proof its operations.

Fintech gains edge in APAC card payment battle

Rising card volumes spotlight diverging strategies between banks, fintechs, and platform giants.

Security Bank taps employee stories to boost loyalty

The Philippine lender’s #YouMatter campaign aims to humanize the brand.

DBS and UOB earnings to show impact of SORA, credit costs

DBS should have good earnings, whilst the effect of SORA is a point of interest.