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TaishinPay QR payment now available in South Korea
TaishinPay QR payment now available in South Korea
The Taiwanese digital service also plans to include two-way ATM withdrawal capabilities.
UOB, Keppel to offer sustainable and digital solutions to SEA businesses
The primary objective of these solutions is to assist companies in their endeavours to achieve decarbonisation.
Japan’s card payments market to be worth $742.2b in 2023
Growing consumer preference for electronic payments will push a 7.5% growth in value.
Japanese insurers, banks to build sustainable finance platform
The collaboration seeks to build a digital platform for investment institutions.
Hang Seng Bank appoints Kathy Cheung as chief risk and compliance officer
She was formerly chief risk officer for HSBC Hong Kong.
Deutsche Bank allocates $200m in Vietnam branch
The Vietnam business doubled its revenue in the past two years, the bank said.
Indian banks’ profits to stabilize; weak assets to persist for some
Weak assets are expected to make up 5.2% of gross loans for FY2023.
KakaoBank modernises data management system
The mobile-only bank targets to modernise its data management system.
Public Bank posts 22.6% net profit surge in Q1
It expects market volatility to be heavily influenced by US and EU banking environment.
Cambodia's Sathapana Bank incorporates AI for credit risk management
It aims to power its credit risk management with Artificial Intelligence (AI).
Hang Seng warns customers of faux Instagram account
This is the fifth time in May that Hang Seng Bank warned of a fake account.
South Korea’s financial regulator boosts efforts for fair trading in capital markets
Penalty surcharges and boosting early detection systems are amongst the solutions.
Mastercard links with Indonesian Telecom firm for digital payments
Mastercard and Indosat Ooredoo Hutchison (Indosat) have formed a strategic partnership to enhance Indonesia's digital payment landscape.
Maybank records 10.7% increase in Q1 profits
The group’s profit before tax also grew 2.7%.
Singapore’s finance and insurance industry shrank 0.9% in Q1
Banks saw a decline in net fees and commissions during the first three months of 2023.
BPI Wealth tasked by PH state insurance to manage $45m investment fund
The investment fund amount is P2.5b.
Hong Kong’s SFC to allow crypto trading
Final guidelines for crypto investment will become effective starting 1 June 2023.
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He highlights the importance of cultural context, workforce mobilisation, and data-driven strategies in financial sector innovation.
