News
UOB net profit rises 6% to $6b in FY24
UOB net profit rises 6% to $6b in FY24
It will return $3b to shareholders over the next three years.
HK credit card receivables rebound 7.9% to $162.2b in Q4 2024
The combined delinquent and rescheduled ratio remained stable at 0.4% at the end of Q4.
EBANX secures MPI license approval in principle
This approval enables EBANX to offer a comprehensive range of payment services in Singapore.
Standard Chartered named banking partner for StraitsX stablecoins
The partnership aims to enhance the reserve management of StraitsX’s stablecoins.
Southeast Asian countries' credit growth diverges
Thailand has been hit with weak economic growth, whilst
ABS warns of rise in card phishing scams
Banks will roll out additional verification, the ABS said.
Westpac cuts home loan, deposit interest rate by 0.25%
Westpac Life and Westpac eSaver rates are affected.
DBS names new group heads of corporate & SME arm, operations
Chen Ze Ling and Welson Jamin will take over the roles, respectively.
Hang Seng enhances dementia-friendly services in branches
Each of its branches now has a trained dementia-friendly ambassador.
StanChart HK enters JV to develop HKD-backed stablecoin
It is working with telecom company HKT and game software company Animoca Brands.
Experts examine AI's impact on Thailand’s financial services sector
Embrace AI or be left behind, an expert said at the Asian Banking & Finance and Insurance Asia Summit today.
Westpac lets home loan clients set-up offset accounts with no extra fees
Home loan customers can create up to 10 offset accounts.
Fintech Aspire, Visa launch corporate card for Hong Kong’s SMBs
Globally, 4 in 5 small and medium businesses are looking to sell overseas.
Loan matching platform Lendela names new CFO, CTO
Lendela is planning to scale business across Hong Kong and APAC.
Straits Millennium obtains IPA for SG major payment institution licence
The company will offer digital payment token services in Singapore.
Airwallex hits $130b in transactions, up 30% since August
The company saw a 78% YoY surge in profit since Q1 2024.
BEA introduces new loans for SMEs' growth and green goals
The loans range from HK$1m to HK$2m.
Thought Leadership Centre
Most Read
1. MAS cracks down on influencers promoting financial products 2. OCBC to enable scan and pay on all China merchant QRs by Q1 2026 3. MAS expands Ripple’s scope of payment activities in Singapore 4. DANA Indonesia launches verified digital wallet for teens 5. HitPay and Visa to expand Philippine SMEs’ payment acceptanceResource Center
Read Here
Advertise
Sign Up
Awards
Jul
02
Events
Event News
Asian Banking & Finance Fintech Awards 2025 Winner: Bhagavi Sridharan of Aditya Birla Capital Digital
Bhagavi Sridharan explains how the ABCD app offers a seamless, unified experience across diverse financial products.
Commentary
Fighting fraud in the digital banking age