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AI drives fraud prevention with behaviour-based anomaly detection
AI drives fraud prevention with behaviour-based anomaly detection
Fraud detection, data quality, and fostering trust are amongst AI’s top roles.
Digital wallet transactions scale easily via cloud environments
Digital wallets are driving demand for scalable payment solutions.
Poor preparation hinders AI’s potential in financial services
Readiness and governance are the key to success in AI adoption.
Indonesian banks to see less intense loan competition in 2025
Banks are looking to solidify their market share.
Export-Import Bank of Thailand faces elevated asset quality risk, profit pressures
Its gross NPL ratio rose whilst profitability declined in the first half of 2024.
BOCHK warns against phishing websites
The websites have bill settlement pages with links that intend to steal customers' data.
Public Bank’s profitability to continue outperforming industry: Moody’s
It is expected to maintain a low problem ratio through 2025.
Nanyang Commercial Bank needs more loss provisions to resolve property woes
The bank is expected to face profitability and asset quality challenges through 2025.
Hong Kong credit card receivables down 0.6% in Q3
The delinquent and rescheduled ratio was 0.4% in end-September.
Enhanced SME Financing Guarantee Scheme officially in effect
The enhancements aim to alleviate repayment pressures for SMEs seeking loans.
New Zealand's credit and charge card payments market to reach $39.6b by 2028
This is thanks to the consumer shift towards electronic payments.
ICBC Asia net profit rise 9.58% to $547.2m in H1
Non-interest income rose by 67.01%, although fee and commissions declined.
WealthTech Endowus breaks US$7b mark in assets under advice
Its Private Wealth client offering has surpassed US$2b in assets managed.
DBS, UnionPay launch multi-currency debit card
Cardholders can make direct payments in 14 currencies.
Bangkok Bank reports $358.91m net profit for Q3
Earnings per share is THB6.54 for the period that ended on 30 September 2024.
Mizuho Bank, Rakuten launch co-branded card
Customers can earn up to 3% Rakuten Points when shopping.
Maybank rolls out green financial advisory service to SEA SMEs
Small and medium enterprises will receive funding to aid in their sustainability reporting.
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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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