Retail Banking
What kids without wallets can teach us about the future of finance
What kids without wallets can teach us about the future of finance
The next generation isn’t waiting—and neither should we.
Hong Kong’s stablecoin bill boosts wealth management, pressures payments
Stablecoins issued in Hong Kong could increase competition particularly in wholesale payments.
KASIKORNBANK’s K PLUS now a payment method in Google Play
K PLUS has over 14 million users on Android devices.
Security Bank establishes wealth segment, announces new CFO
New CFO Allen Reyes previously worked at Singlife and Deutsche Bank.
Automation stalls hiring at Singapore’s top banks
Lenders are also upskilling to keep up with tech.
Chinabank’s net income up 14% to $222.83m in H1 2025
Both net interest income and net interest margin rose during the period.
SMBC sets up VC fund to invest in US fintech startups
It has a fund size of $300m.
Malaysia fines Bank Islam Malaysia MYR3.44m for service disruptions and AML/CFT screening
BIMB had multiple unplanned downtimes between June 2023 and December 2024.
Aussie regulators update MOU to strengthen financial stability cooperation
The updated MOU sets out their respective roles for contributing to financial stability.
Lack of virtual bank licence ‘not a big problem’ for Bangkok Bank
It estimates that virtual banks’ business revenue will not be significant in the first 5 years of operations.
Australian banks to refund $60.5m to customers hit by high fees
Over 1 million customers have been moved into low-fee accounts, ASIC said.
Bank Negara Indonesia banks on wholesale loans for better loan growth in H2
The bank said its wholesale loan quality remains resilient.
BDO Unibank’s net income up 3% to $708.66m in H1
Net interest income and non-interest income both grew during the period.
UnionBank onboards 50,000 credit card and personal loan accounts monthly
The bank has reduced its onboarding time to 5–15 minutes.
MUFG and JICA establish sustainable finance framework
It will be applied by MUFG and four partner banks in Southeast Asia.
Viet commercial banks’ deposit and lending rates decline
BacABank, VIB, BAOVIET Bank, LPBank, and NCB have cut their deposit interest rates.
Investment gains boost Thai banks’ Q2 performances
Banks’ net profit is expected to soften in H2 2025.