Staff Reporter
Alipay+ sees tourist spending rise on foreign e-wallet use
Alipay+ sees tourist spending rise on foreign e-wallet use
Beauty clinic transactions and transportation transactions rose during the year.
CBA pays $525,000 in penalties for data sharing contraventions
Some customers may have been unable to share certain data to accredited recipients.
StanChart enables Ascentium clients to easily open accounts in Hong Kong
Ascentium clients can also access StanChart’s referral network in Asian markets.
PAObank enables real-time FX transactions using Citi’s API
Accounts of end customers will be debited and credited in real time.
NAB offers loan relief, fee waivers to Aussie bushfire victims
Those directly impacted may also be eligible for credit card payment deferrals, amongst others.
Citi names Soonwok Kwon as head of market sales for South Korea
Kwon used to work at UBS AG and Credit Suisse AG in Seoul.
Payment Options secures in-principle approval for MPI licence in Singapore
It aims to offer payment capabilities to SMEs.
Retail banks embrace social media and streaming to boost revenue
One digital bank in Europe reported an ARR of $50m from “financial media networks.”
Banks leverage AI to streamline research and financial analysis
AI is being adopted in use cases outside CRM and as a research assistant.
This week in finance: TenPay Global CEO on interoperable payments; tap-to-pay service roll-outs
OCBC and Vietnam separately strengthen their QR payment ties with China.
Dah Sing Bank extends US stock trading service to nearly 24 hours
It also modified its brokerage fee rate to US$0.015 per share.
Citi names Minh Ngo as Citi Country Officer & Banking Head in Vietnam
She is the first Vietnamese national to assume the CCO role in 32 years.
Philippine bank lending up 10.3% in October
But loans to non-citizens saw a faster rate of decline during the month.
Hong Kong’s credit card market cools as jobless rate hits three-year high
Gen Z demand also saw a decline during the quarter.
Here are five ways banks can use agentic AI
Agentic AI helped free up 10% more time for client interactions, McKinsey reported.
ASIC proposes updates to credit disclosure as rules expire
It proposes changes to reverse mortgage information statement.
ASIC proposes reviewing relief instruments for financial services licensees
The two instruments will lapse in 2026.
Thought Leadership Centre
Most Read
1. OCBC new investors triple as bank braces for 2026 gold, silver uptick 2. How digital payments are forcing QSRs to rebuild checkout and staffing 3. DBS pilots Visa Intelligent Commerce for agent-initiated payments 4. Japanese banks face bond yield shocks as yields hit 2.23% 5. BEA’s profit down 24% to $447.87m in 2025 as China losses mountResource Center
Read Here
Advertise
Sign Up
Events
Event News
Speakers from Kasikornbank, KPMG Thailand, Systemweb Technology, and Simon-Kucher will share their insights on the industry’s latest trends and challenges.
Commentary
Asia’s banks hold the mandate to innovate. Now they must earn it.
Why Asia's banks are rebuilding their credit infrastructure in 2026
Banks retreat, private credit advances: Asia Pacific’s quiet lending revolution
Human Sparsity Blockchain: A citizen-validated ledger for digital finance supervision
Will stablecoins disrupt the banking business?
Digital transformation starts with leadership