News
Mizuho, Rakuten form alliance; will launch new cards, installment payments
Mizuho, Rakuten form alliance; will launch new cards, installment payments
The six companies aim to create new retail business models for the payments industry.
Philippine National Bank's net profit rises to $257.1m in 9M 2024
Earnings per share stood at $0.17.
GienTech targets AI-driven banking solutions amidst rising demand
GienTech responds to surging demand for secure, AI-based tech in finance.
Alternative payments outpace traditional banking among Filipinos
Demand rises for alternative payments, digital wallets, and non-traditional lenders.
Omnichannel integration boosts Hong Kong digital payments
Cross-border wallet collaborations are driving digital payments in Hong Kong.
Bpifrance embraces selective approach to Gen AI adoption
Banks advised to be cautious in approaching generative AI investments.
APAC retailers demand seamless, secure payment solutions
As APAC e-commerce grows, retailers seek frictionless and secure payment systems.
Digital assets create new “rails” for money movement
It complements existing banking infrastructure.
GCash expands reach with Mitsubishi and MUFG partnerships
Mitsubishi and MUFG boost GCash’s services and regional presence.
Mastercard advances digital payments with tokenization and passkeys
Tech-driven innovations secures digital transactions and reduces cash dependency in Asia.
Philippines’ population size fuels digital banking interest
Digital banks are driving financial inclusion in the Philippines.
Fragmented payments system holds back Southeast Asian SMEs
KPay’s unified platform addresses SMEs’ time-intensive payment challenges.
DINKs lag behind parents on financial wellness
58% of DINKs have not started making financial plans for their retirement.
MAS aims for robust transition credit demand at COP28 through coalition
TRACTION aims to develop approaches to meet these needs and expand the credit market.
India's microfinance institutions see rising delinquencies
CareEdge warns this could hamper incremental bank funding and equity investments.
Global banks’ credit losses expected to rise by 7% in 2025
About 80% of global banking groups have stable rating outlooks.
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1. Union Bank of the Philippines hires senior officers for compliance 2. Bank of Singapore offers UHNWIs SFO-style investment vehicle 3. GCash launches tap to pay for 150 million Mastercard locations 4. CIMB Singapore unveils FlexiPay loan with flexible SME repayment terms 5. UOB reaps 7 awards at Asian Banking & Finance Retail Banking Awards 2025Resource Center
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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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