News
Standard Chartered and Wise Platform team up to enhance SC Remit
Standard Chartered and Wise Platform team up to enhance SC Remit
Through this partnership, users can send funds in 21 currencies.
AlixPartner names Una Ge as new HK partner and managing director
She was previously a partner at Deloitte China, focusing on cross-border restructuring.
Wise gains direct access to PH’s InstaPay and PhilPaSS Plus
This enables over 63% of all Wise transactions to be completed instantly, with an average fee of 0.62%.
Mastercard launches OTP-free online transaction
This ensures that payment credentials are not shared with third parties.
Maya Philippines rolls out new international payment service
The service allows foreign customers to pay in their home currency
Banque de France, MAS completed post-quantum cryptography trial
The technology aims to protect data from cybersecurity threats posed by quantum computing.
Client demands push banks toward frictionless experiences
Compliance, client expectations, and legacy tech challenge banks' 2025 goals.
Regulatory backing boosts LEI adoption in global payments
LEI expands from capital markets to payments, supply chains and ESG.
Convenience boosts high virtual bank adoption in Singapore, Hong Kong
Competitive rates and streamlined services drive digital banking popularity
Digital wallets evolve to super-apps post-pandemic
Rising demand for super-apps boosts digital wallet growth in Asia
China’s mobile wallet growth driven by infrastructure, innovation
Digital giants fuel China’s high mobile wallet adoption rate.
HSBC invests $100m in MSME finance platform Funding Societies
Two annual credit facilities were also extended to Funding Societies.
Citi reels in new head of commercial bank for Korea
He has over 23 years of experience in corporate banking.
Swift, UBS, Chainlink pilot tokenised fund settlements
The global mutual fund market is worth $63t.
StraitsX partners with Ant, Grab for blockchain payments
Starting September, tourists from 12 regions can use their home payment apps.
Mastercard Pay Local links cards to APAC wallets
It allows consumers to use their Mastercard cards at over 35 million merchants.
90% of cross-border payments reach banks within an hour
But transparency remains a challenge for cross-border payment systems.
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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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