Staff Reporter

MobiFone Digital Payments launches in Vietnam

MobiFone Digital Payments (MDP) has officially launched in Vietnam.

Australia's Big Four banks face stage 3 loan risks as rates rise

Intense competition and rising costs are expected to reduce margins.

Vietnam fintech posts 17.8% CAGR through 2034

Internet access reached 79% of the population in 2023, boosting digital payment demand.

HSBC Singapore unveils refreshed mobile app with expanded wealth services

Customers can customise their homepage and have access to enhanced wealth tools.

MUFG Bank and Hitachi expand NexGen to finance EV and charging assets

They plan to develop and scale special purpose vehicles to finance decarbonised transport.

ANZ names Michael Peric and Trevor Vail as Markets co-managing directors

Peric and Vail report to Mark Whelan, group executive Institutional at ANZ.

Mizuho teams up with asset managers to expand investment products

They will develop and distribute new products as well as personal exchanges.

APAC banks face 'tail risk' as climate data gaps undermine risk modeling

Banks must adopt simulation-based modeling to quantify the full spectrum of potential losses.

APAC dominates financial centre list but growth slows

Eight of 15 centres tipped to rise are based in the region.

CIMB, SC Malaysia, and Bursa Malaysia roll out pilot to broaden Shariah investing

More than half of CIMB’s Malaysian financing book is now Shariah-compliant, it said.

Ping An Digital Bank unveils new branding reflecting deeper ties to insurer parent

It says it is the first Hong Kong digital bank to offer a full spectrum of insurance services.

From behavioural change to scalable inclusion: Cross-border payments in APAC

The goal is not just faster transfers, but a seamless, inclusive financial ecosystem. 

APAC banks to absorb $500b new losses from Middle East & China risks

Slower growth in China and worsening property risks is amongst factors that can affect banks.