Staff Reporter

NETS replacing FlashPay Cards with Prepaid Cards

NETS replacing FlashPay Cards with Prepaid Cards

NETS FlashPay Cards can be exchanged for NETS Prepaid Cards at any 44 SimplyGo Ticket Offices.

HSBC launches Premier Elite for high-value customers

The bank collaborated with actor and director Stephen Fung for its launch campaign.

Hang Seng Bank warns against fake mobile investment app

The app falsely uses the Hang Seng Bank logo.

South Korean banks’ bad loans ratio up in October

The proportion of bad loans rose whilst resolved loans decreased by around US$1.29b.

Malaysian banks see corporate, household loan growth in November

Outstanding loans extended to SMEs expanded by 7.9% during the month.

Philippine central bank amends policy on bounced checks

It has also reintroduced the Intraday Settlement Facility for banks.

How 2024 will spark financial services innovation in Southeast Asia

The future belongs to firms who seize the potential of transformative technologies to shape the next generation of financial services.

BDO, top Asian banks publish new report on climate initiatives

The report offers practical insights and recommendations for financial institutions assessing transition finance cases.

Cross-border payments, embedded finance to be boosted in 2024: analyst

Embedded financial services will become increasingly popular during the year.

VietinBank takes home Project Infrastructure Finance Deal of the Year Award - Vietnam

The accolade is in recognition of VietinBank’s role in financing the $128m Nam Tien Phong industrial zone and port complex, a project anticipated to attract substantial foreign investment.

CIMB Singapore triumphs in multiple categories with innovative financial solutions

The bank took home awards for Singapore International Cash Management Bank of the Year, Singapore International SME Partnership Initiative Bank of the Year, Syndicated Loan of the Year -  Singapore and Innovative Deal of the Year - Singapore.

ZA Bank rolls out tax loan, offers cash rewards

Even unsuccessful loan applicants can receive a reward.

Singapore warns of scammers impersonating central bank officers

About 41 individuals have fallen victim to scammers, with $2.6m in losses.

Partnerships, carbon action, talent acquisition key for SEA banks’ in 2024: analyst

Developing new workforce capability is now a necessity given macro factors.

SCB names ex-Citi banker as new SVP and chief wholesale banking officer

Parksuwan has worked for Citi Thailand and HSBC Bank Thailand.

MUFJ to buy Aussie pension company Link Group

The Japanese banking giant is acquiring 100% of issued shares of Link Group.

Mizuho introduces new medium-term targets for financed emmissions

The new targets are in the automotive and maritime transport sectors.