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Reserve Bank of India lifts restrictions on Asirvad Micro Finance, DMI Finance
Reserve Bank of India lifts restrictions on Asirvad Micro Finance, DMI Finance
It issued a cease and desist order from loan sanctioning in October 2024.
Global network tokenised transactions to double to 574 billion by 2029
Network tokenisation's role in securing digital payments will drive merchant adoption.
Singapore sees $2.1m lost in credit card fraud over three years
Card scheme operators have implemented the 3-D Secure protocol for added security.
Philippine digital lending may exceed $1b in H2 2025
Digital lenders may make up 55.2% of the market share, says Digido.
ZA Bank to give out cash equivalent to 1 Bitcoin
You can earn points by doing crypto investment related activities in the app.
China’s investment banking fees fall to lowest in 5 years
Only DCM underwriting fees saw growth.
Global banking industry faces headwinds amidst shifting monetary, political landscapes: BOC
It is expected to see pressures on profit growth and uneven expansion.
PAObank, Mybooster launch cross-border e-commerce revolving loan
It offers funding of up to $5m, with tenor extending up to six months.
Dah Sing Bank warns against fake website
The bank has reported the incident to the Hong Kong Monetary Authority.
Johor-Singapore economic zone seen attracting regional firms: OCBC
In 2024, OCBC supported about 260 new mid-sized enterprises to set up shop in Malaysia.
Nanyang Commercial Bank warns against fraudulent websites
It has reported the case to authorities.
HSBC clinches Citi banker to head int’l wealth hub in Singapore
Chin brings 22 years of experience in wealth management and retail banking.
Malaysian banks’ earnings growth to moderate from slower NII growth
Loan growth is expected to recover thanks to more business loans.
BEA teams up with GRCB to expand WMC southbound business
GRCB is BEA’s first WMC partner bank outside the BEA group.
Thailand tightens anti-money laundering measures after UN report
An OHCHR report alleged that Thai FIs provided services for arms procurement.
Financials sector tops Asia Pacific ex. Japan M&A: LSEG
Industrials and high technology sectors were also active in 2024
APAC investment banking fees drop to lowest in 5 years
Its total ECM underwriting fees were its lowest since 2013.
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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