Staff Reporter
Singapore FIs face stricter regulatory scrutiny in 2025
Singapore FIs face stricter regulatory scrutiny in 2025
Singapore bucked the trend in 2024, with more fines issued.
Vietnam’s ABBANK launches new business digital banking platform
It offers money transfer services and quick bill payment options.
Here’s how Basel 4 may impact Malaysian banks
The Basel 4 credit risk framework implementation could have greater impact.
JCB expands card acceptance in UK
Over 110,000 UK-based merchants in the hospitality sector can now accept JCB cards.
Banks urged to expand focus to transition finance for zero-carbon future
Up to a US$17t annual funding gap exists.
StashAway sees investment deposits double in 2024
Its HNW and emerging HNW were more likely to invest in a diversified portfolio.
Grab, Singtel-backed Super Bank mulls IPO: report
The Jakarta-based digital bank may raise up to $300m, sources said.
Top 25 banks’ market cap rises 27.1% in Q4 2024
ICBC is APAC’s top bank in terms of market cap; DBS rises to 23rd spot.
Japan’s Resona group banks, Fujitsu launch home-buying web service
It enables users to record observations in property viewings.
Will the Taiwan dollar overtake yuan as Asia’s top funding currency?
Intervention risks in the yuan are increasing the Taiwan dollar’s attractiveness.
Mortgage growth to lift Viet banks’ earnings in 2025
Mortgage loans may grow by 20% during the year, from 10% in 2024.
RHB unveils debit card replacement kiosks.
They’re available in two branches.
Cambodia allows commercial banks to offer cryptoasset services
But unbacked cryptoassets are not allowed.
Siam Commercial Bank unveils new uniforms made of recycled fabric
The uniforms make use of plastic bottles.
Philippine banks’ loans up 11.1% in Nov 2024
Loans to residents grew faster whilst loans to non-residents slowed.
2 in 3 people to own a digital wallet by 2029: report
As of 2024, an estimated 52.6% of the world uses a digital wallet.
Citi names Jeff Wu as head of market sales for China
Wu will relocate to Shanghai.
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1. Revolut Singapore hits first year of net profitability in 2024 2. CIMB Philippines says fund transfer issue ‘resolved’ 3. HSBC Singapore unveils wealth centre at The Star Vista mall 4. Citi names Goldman Sachs banker as head of markets solutions in Asia South & North 5. The Asian connection: China's path to sustainable growthResource Center
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Compliance and legacy systems stall B2B payment shift
Retail drives digital payments as B2B adoption lags.
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The Asian connection: China's path to sustainable growth