Retail Banking

ANZ Bank set to unveil password-less web banking in mid-2025

Authentication will be done through biometrics or log-in request app approval.

ING’s net profit down 7.8% to $1.64b in Q1 2025

Its full-year 2025 targets remain the same.

Standard Chartered appoints Noelle Eder as group head of tech & operations

She is based in Singapore and reports to group chief exec Bill Winters.

Hang Seng Bank rolls out payroll perks for savings-focused users

They do so to achieve financial flexibility, said Hang Seng Bank.

Financial inclusion in Asia may reach 80.2% by 2030: study

Digital transformation and improvements have helped in this regard.

NAB expands weekend access to Chadstone branch

The Australian bank has invested A$38m in renovating and upgrading its branches.

Westpac names Carolyn McCann as acting chief exec for its consumer division

The Australian Bank is doing an external search to fill the role permanently.

Bank Central Asia’s net profit up 9.8% to IDR14.1t

Double digit loan growth and net interest margin expansion helped push profits up.

SG banks to report mixed NIM, strong wealth and trade income for Q1

NIMs for the quarter may be flat to declining quarter-on-quarter.

Thai banks’ net profits rose 5% in Q1

For 2025, the banks are expected to report lower NIMs and a 1% loan contraction.

CIMB Philippines says fund transfer issue ‘resolved’

All affected customers have had their funds returned, the bank said

Bangkok Bank, The Mall Group launch campaign to expand co-branded card customer base

They also plan to develop new products aimed for foreign tourists, especially those from China.

Eight financial institutions defaulted in 2024: S&P

Majority are NBFIs, and most are located in the Americas.

BSP ‘closely coordinating’ with CIMB to resolve unauthorized fund transfers

The BSP said that it will continue to monitor the issue until it is fully resolved.