Retail Banking
Retail banks embrace social media and streaming to boost revenue
Retail banks embrace social media and streaming to boost revenue
One digital bank in Europe reported an ARR of $50m from “financial media networks.”
4 minutes ago
Citi names Minh Ngo as Citi Country Officer & Banking Head in Vietnam
She is the first Vietnamese national to assume the CCO role in 32 years.
3 days ago
ASIC proposes updates to credit disclosure as rules expire
It proposes changes to reverse mortgage information statement.
3 days ago
ASIC proposes reviewing relief instruments for financial services licensees
The two instruments will lapse in 2026.
4 days ago
HSBC names Brendan Nelson as group chair
He will remain chairman of the group audit committee until February 2026.
4 days ago
Vietnam's banks to issue more bonds as loan growth accelerates
Loan growth will rise faster than deposits, leading to tight funding positions for the lenders.
4 days ago
India’s Bitget Wallet integrates Tether marketplace in its platform
It promises competitive rates.
5 days ago
Singapore and Japan renew bilateral swap arrangement
They can exchange local currencies of up to S$15b or JPY1.1t.
CIMB’s net profit up 2.34% to $502.6m in Q3
Non-interest income rose by over 20% during the quarter.
ICBC to meet increased capital req’s after G-SIB upgrade: S&P
Its 21.52% TLAC already exceeds the new minimum requirement
Banks struggle to keep pace as fintechs scale agentic AI
Most incumbent initiatives are defined by narrower applications.
Singapore’s fintechs see mismatch between talent and hiring demand
Startups and scale-ups are the biggest employers whilst talent comes from MNCs.
This week in finance: CIMB Singapore's new card for sole proprietors; banks' real estate woes; in-app chat services heat up
GoTyme Bank is now compatible with Google Pay.
GoTyme Bank rolls out crypto investment services in the Philippines
Customers can invest in 11 cryptos without registering on a third-party platform.
Malaysia’s GXBank facilitated 220 million transactions in 2025
The bank has also disbursed about MYR25m to MSMEs via GX FlexiLoan.
APAC DM banks take on more risk as margins shrink
Aussie banks are growing their SME exposure whilst other banks are expanding overseas.
Citi boost FX team in Japan, JANA, and Asia South with new hires
New hires include a head of corporate FX sales in India and three director-level hires.
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1. MAS cracks down on influencers promoting financial products 2. MAS expands Ripple’s scope of payment activities in Singapore 3. HitPay and Visa to expand Philippine SMEs’ payment acceptance 4. Tencent’s TenPay Global opens WeChat mini programs to overseas wallets 5. Fiuu unveils tap-to-pay contactless payments on iPhoneResource Center
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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.
