Staff Reporter

Citi names Gunjan Kalra as APAC head of Citi Commercial Bank

Kalra has been APAC head of corporate sales and solutions since 2021.

Syfe launches Syfe Income+ product in Hong Kong, target 6% to 8.6% payouts

The digital investment platform held a seminar alongside the product’s launch.

OCBC offers digital invoice financing to SMEs

Over 55,000 SMEs are registered in InvoiceNow.

Hang Seng Bank opens two new cross-boundary wealth management centres

One is in Shenzhen and the other is in Tsim Sha Tsui.

Mastercard enables China visitors payment option through WeChat Pay

Inbound cross-border travel to China improved to around 50% of 2019 levels. 

Big banks, investors fund Endowus digital wealth leadership in Asia

It was able to raise $35m from global banks, existing investors, and four Asian billionaire families.

Alliance Bank Malaysia's Virtual Credit Card wins New Consumer Lending Product of the Year at Asian Banking & Finance Awards

The revolutionary Virtual Credit Card with Dynamic Card Number feature sets new standards in digital banking, offering enhanced security and eco-friendly transactions.

Alliance Bank's Alliance Digital SME Honored as Financial Inclusion Initiative of the Year - Malaysia

Its transformative Alliance Digital SME earns recognition for its seamless digital banking journey and significant shift towards branchless banking.

MAS pledges S$150m to aid the financial sector

The scheme aims to back projects and maximise the use of technologies.

Chart of the week: alternative payments used in 1 in 3 online shopping transactions

Singapore’s e-commerce market is forecast to grow by 15% this year.

OCBC prices S$550m perpetual capital securities at 4.5%

OCBC served as the sole lead manager and bookrunner for this issue. 

Mizuho partners with KOKO Networks to offer carbon credits to clients

Proceeds from the sale of premium carbon credits are distributed as substantial discounts on KOKO Fuel.