Staff Reporter
Indonesian banks reap returns from IT investments
Indonesian banks reap returns from IT investments
Bank Mandiri’s digital fee income grew by double digits.
Mizuho signs MOU with Abu Dhabi Investment Office
Mizuho plans to support clients interested in expanding into the UAE.
What will drive Indonesia’s credit card market to a 9.8% CAGR?
In 2024, the market saw a 7.8% rise in value.
Australia's card acquiring market to grow 5.5% in 2025
This marks a slower pace of expansion compared to previous years.
Cake Digital Bank’s facial biometrics clinches highest-level ISO certification
Its system verifies without need for interaction such as blinking or facial gestures.
DBS Hong Kong unveils new membership tier for treasuries clients
Clients can enjoy brokerage fees starting at just 0.1%.
China’s XTransfer granted electronic money institution license in the Netherlands
They plan to expand services across 30 countries in Europe.
Jeju Bank will still have Shinhan FG support despite diluted stake
The Korean bank will expand its business outside of Jeju Island, says Moody’s.
DBS adds extra toggle when adding cards to mobile wallets
This creates a “deliberate pause” for users to verify their intention, the bank said.
Sea rebrands digital finance business SeaMoney to Monee
It has also opened a new headquarters for its digital finance operations.
OCBC’s net profit rose 5% to S$1.88b in Q1 2025
Earnings per share is S$1.68 for the quarter.
Australia launches new license application portal
It has automatic pre-filling of application details.
CIMB still on track to hit 2025 loan growth target
Clients have reportedly turned cautious.
Macquarie Bank to make remediation plan for recurring compliance failures
The bank failed to prevent 11 suspicious orders placed on the electricity futures market.
NZ banks have ‘strong capital and liquidity buffers’ to maintain credit flows
Risks have risen, but the banks remain profitable and bad loans will decline.
Bhutan enables national-level crypto payment with Binance Pay
The QR payments are expected to accept over 100 cryptos.
Hong Leong Bank unveils Meet @ HLB Branch concept in Semenyih
The branch is open from 12:30 PM to 7PM, including weekends.
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