Staff Reporter
PH fintech BillEase integrates QRPh in platform with AUB partnership
PH fintech BillEase integrates QRPh in platform with AUB partnership
BillEase customers can now pay at over 600,000 QRPh-accepting merchants.
Share buyback, Suncorp Metway deal won’t dent ANZ’s credit profile
S&P expects the SML acquisition to be completed in mid-2024.
Ant Int'l inks MOU to ramp up Saudi Arabia expansion
The Ministry of Investment of Saudi Arabia formally expressed support for Ant’s plans.
National Australia Bank, Banked eyes boosting A2A payment adoption
Their tech enables Australian merchants to send PayTo Agreements to customers.
South Africa’s Absa Group expands to China
Absa Group will provide general advisory services to clients based in China.
India’s ICICI enables non-resident Indian customers to make UPI payments
The service is available through the iMobile Pay app.
Chinese banks dominant whilst Japan, South Korean banks’ assets falter
Australian and Singaporean banks’ assets remained steady, S&P’s study showed.
Citi names Damien Tan as head of corporate bank for Singapore
Tan was previously head of local corporates for Citi Singapore.
UOB’s core net profit down 1% to S$1.6b in Q1 as interest income dips
Trading and investment income hit a record high, however.
UOB to maintain good asset quality amidst profitability dip
The bank is also expected to have a steady core capital ratio.
DBS to maintain strong solvency, robust funding: Moody’s
It is anticipated to sustain high profitability with return on assets of around 1.3%.
Why tech is not the focal point of banks’ digital transformations
About 70% of digital transformations fail, an industry expert warned.
Olea, Standard Chartered forge alliance to empower SMEs
The alliance signals a proactive effort to support SMEs by leveraging digital innovation and financial services.
Road closures set around Sports Hub, Marina Centre for OCBC Cycle on 11-12 May
Over 7,000 cyclists are expected to participate at the OCBC Cycle 2024.
OCBC remains stable amidst strong credit fundamentals: Moody's
This will be backed by healthy credit standing.
GX Bank, Zurich Malaysia ink 10-year bancassurance partnership
They will co-create micro digital insurance products for Malaysians.
BOCHK warns against remittance phishing email
The email reportedly intends to steal customers’ data.
Commentary
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Why most banks are struggling with AI, and what the smart ones are doing differently
Data, AI, and trust: The next era of financial crime prevention
From behavioural change to scalable inclusion: Cross-border payments in APAC
Device governance is not an IT problem. For SEA's financial sector, it is a boardroom one