Staff Reporter
60 largest banks need $210.2b to cover future fossil fuel losses: Finance Watch
60 largest banks need $210.2b to cover future fossil fuel losses: Finance Watch
Basel’s current framework encourages continued build up of risk, the nonprofit warned.
How blended finance can speed up net zero targets, MAS exec explains
Blended finance combines public and private capital to fund marginally bankable projects.
SmartStream Air is honoured with the Red Dot Award - for design excellence of a Finance Application
SmartStream, the financial Transaction Lifecycle Management (TLM®) solutions provider, has received a Red Dot Design Award, the most prestigious international symbol of quality in design for its SmartStream Air solution – the pure AI cloud-native application for financial reconciliations.
Taiwan’s FSC fines Taishin International Bank $310k over improper payment collection
The bank had failed to establish proper internal control systems
Why Sustainable Finance Matters More than Ever
Despite global headwinds, innovative and sustainable investment options are key to building a more resilient future.
MUFG names Angus St. John as head of financial sponsor coverage in APAC
St. John has over 25 years of experience in the financial services industry.
Maybank Singapore offers fixed deposit rates up to 3.05% per annum
The offer starts at a minimum placement of S$20,000 and a 6-month tenure.
Taiwan regulator fines Bank SinoPac $570k over regulatory rules breach
The FSC also ordered the bank to suspend its president for three months.
Australian regulator removes CBA’s operational risk capital add-on
The add-on was initially set at $650m.
StanChart unveils first-of-its-kind affluent deposit account in Singapore
The new product is only available to its Priority Banking segment.
BEA launches digitised mortgage application services
Customers who apply for a $380k or above mortgage can get a cash rebate of up to 1.9%.
Regulators are the key to manage APAC banks rising cyber risks: S&P Global
The analyst said data breaches could prove crippling for individual banks.
Sacombank crowned top Bank of the Year award in Wholesale Banking Awards
It was hailed as Vietnam Domestic Technology & Operations Bank of the Year by Asian Banking and Finance.
Techcombank Aspire aims to empower customers, making banking seamless and easy
The bank won two trophies at the ABF Retail Banking Awards.
Alipay+ to enable cross-border payments to South Korea for four Asian e-wallet
Users of these e-wallets can now pay over 120,000 merchants in South Korea.
AEON Credit H1 revenue soars 11.8%
Profit after tax increased by $22.52m
Bank of China warns public of fraud website
The fake website has been reported to the regulator and the Hong Kong police.
Commentary
Why most banks are struggling with AI, and what the smart ones are doing differently
Data, AI, and trust: The next era of financial crime prevention
From behavioural change to scalable inclusion: Cross-border payments in APAC
Device governance is not an IT problem. For SEA's financial sector, it is a boardroom one
Corporate acupuncture: How precision M&A is reshaping Asia’s competitive edge