Staff Reporter

Banks hit AI plateau as 80% see no bottom-line impact

Many lenders plateau after deploying isolated tools instead of full transformation, said McKinsey.

HDFC Bank hires law firm to review ex-chairman’s resignation

Atanu Chakraborty cited “certain happenings and practices” in the bank as the reason for his resignation.

Hatton National Bank enables debit cards on Google Wallet

Customers can now tap-to-pay using their phone or with smart watches.

Techcombank secures $231.32m EIB deal to expand sustainable lending

The EIB Advisory will help strengthen the bank’s climate risk management framework, amongst others.

Banks face budget squeeze from AI and legacy systems

Corporate IT allocations are projected to keep climbing through 2027.

Westpac becomes banking partner of the Royal Flying Doctor Service SA/NT

The partnership covers workplace banking benefits for RFDS’ employees.

Fingular unveils Shariah-first consumer lending brand in Malaysia

It will provide digital financing solutions structured using Tawarruq.

Fiuu processed $13b in total payment value in 2025

It was the first payment acquirer in Malaysia to enable Samsung Pay Online.

FOMO Pay launches AI soundbox and targets AI-powered merchant portal

FOMO Pay is developing an AI layer that will give actionable insights on transaction patterns.

Japanese banks avoid $550b US investment hook for now

The JBIC would likely do the initial heavy lifting.

Singapore on-time loan repayments in 2025 hit post-COVID record high

It has jumped to 86%, when it hovered around 36% to 65% in 2020-2024.

Singapore banking sentiment slips in Q4 2025

Banking and insurance posted 55.7 whilst the wider business reading climbed to 53.4.

MariBank rolls out S$1 equity fund at invite-only phase

Full public access via the MariBank app starts in April 2026, according to a press release.

HDFC Bank’s part-time chairman quits citing 'certain bank practices'

The central bank and HDFC said there are no material concerns or matters in separate statements.

Krungsri teams up with Invesco to enhance advisory and wealth services

Krungsri aims to build "a multi-asset discretionary portfolio management platform."

BSP assures continued cash operations and public services on Fridays

Government officials have suggested a four-day work week to conserve energy.