Staff Reporter
UOB and Lazada partner for better commerce payments in SEA
UOB and Lazada partner for better commerce payments in SEA
This is their first cross-industry collaboration.
Global fintech funding down in 2022: S&P
S&P Global expects fintech funding to rebound in 2023
Hong Kong new-to-credit market tread path to recovery
The city reported 127,000 NTC customers in 2021.
Household loans extended by South Korean banks shrank for third straight month: report
High borrowing costs lowered demand.
MAS gives IPA to Volopay for MPI license
Volopay’s payment services will be regulated under the Payment Services Act.
ADB and GEAPP commit $35m towards clean energy
The partnership targets to have clean energy access and transitions within South and Southeast Asia.
BPI launches refreshed mobile app
New clients can open an account within five minutes with just one valid ID.
MAS did not direct banks to 'avoid discussing origins of wealth inflows': PBIG
PBIG said that the sources of wealth inflows into Singapore “remain diversified.”
Standard Chartered, IFC ink $700m investment to boost global trade
Since 2009, the programme has supported over $20.5b worth of transactions.
Japan Post Bank maintains strong liquidity in 2023, but profits still weak: Moody’s
Diversifying its bond portfolio will improve profits but exposes it to more risk.
MUFG halfway to its 2030 sustainable finance target
The bank has funded JPY19.4t as of 2022, over halfway to its JPY35t target by 2030.
CIMB on track to realise sustainability goals
The bank doubled its sustainable finance target after achieving the initial target in 2022.
Hang Seng Bank adjusts weekday service hours of physical branches
Branches are open from 9AM to 5PM on weekdays.
Singapore ready to provide liquidity to keep financial system stable: MAS
Minister Shanmugaratnam assured that the central bank conducts annual stress tests.
OCBC NISP allocates $87.5m of 2022 net profits as cash dividend
The bank’s annual general meeting of shareholders saw changes made to its board of directors.
Digital wallets on track to be Singapore’s top online payment method by 2026
BNPL is set to surpass US$1b in transaction value by 2026.
Filipinos spent over 4 million hours using e-wallets in 2022: study
The country’s growing population will push the active user base higher.
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He highlights the importance of cultural context, workforce mobilisation, and data-driven strategies in financial sector innovation.
