Staff Reporter

South Korea regulator widens responsibilities maps from insurers to savings banks

FSC invites $0.49b savings banks into pilot ahead of 2 July 2026.

Banks risk wealth advisor exits without tech upgrades: Cerulli

Just 8% of wealth advisors in the Americas are not yet using wealth tools.

QBE deal expands as Malayan embeds add-on into RCBC auto loans

Paramount Life and General Insurance Corporation acts as the local partner in the Philippines.

APAC BaaS market to reach $5.3b as embedded finance surges 148%

Regional revenue is set to climb from $4.44b in 2025 to over $12b by 2031.

Precision Growth, AI Operations: Asian Banking & Finance and Insurance Asia Summit Heads to Kuala Lumpur

The event will feature insights from industry figures at AmMetLife, CIMB Trustee Group, Simon-Kucher, and Generali Insurance Malaysia Berhad. 

BEA signs UN responsible banking pact

The principles are supported by over 360 banks globally.

South Korean bank delinquencies hit 0.6% with SMEs hit hardest

Volume of newly delinquent loans shrank whilst resolved loans rose.

South Korea rewrites bank loan-deposit rules to push regional lending

Regulators plan to upgrade rules and provide incentives to improve regional banks’ competitiveness.

UnionPay links 25 foreign wallets to Weixin Pay as China QR use surges

Global travellers can use domestic cards on Weixin Pay QR network

APAC to capture $4t private credit boom as loan returns shrink

Australia, Japan, and India are emerging as key private credit growth markets.

Indian banks outclass Western peers with high-return, low-leverage model

The study groups India where lower gearing aligns with higher performance.

Will stablecoins disrupt the banking business?

The response from central banks and regulators worldwide has varied widely.