Staff Reporter

InstaPay, PESONet values surge 41% 9M 2025

The period also saw 2.89 billion transactions.

SG banks' Q3 profit seen slipping up to 1.6% QoQ on lower interest rates

Lower interest rates outweighed improved investor sentiments.

India’s bank lending expands as GST cuts spur credit growth

As of 3 October 2025, total bank credit rose 11.4% year-on-year.

Thai Banks face 3.7% YoY impaired loans rise in 2025

Low unemployment and declining interest rates are expected to help pay back debts.

Alipay+ expands digital services as SGQR payments surge

Cross-border payment acceptance for Alipay+ now includes more than 100 markets.

Hang Seng Bank names former HSBC Hong Kong chief CEO

She will also chair the Operating Committee.

China’s banks expand lending but struggle with weakening demand

UOB Kay Hian said banks remain cautious in extending long-term credit.

How India’s credit card spending rose 14% in August

CareEdge expects spending to pick up from September.

BEA marks 40 years in Shenzhen with new Futian flagship

The new branch offers banking and wealth management services.

UOB sees rising trade finance demand in ASEAN and Greater China

Digital payments made up 90% of total transaction volumes in the first half.

Singapore extends lead as regional fintech hub with 84% share

Regionally, fintech funding fell sharply to $1.1b (US$839m), down 39% from the same period in 2024.

Wealth transfer drives demand for tax services, portfolio stability: study

Wealthy clients also want customised intergenerational wealth strategies, the study found.

Over 1 in 3 Maya credit cardholders from deposit-backed black express card

The minimum express deposit serves as the basis for the customer’s credit limit.

Indonesia’s Krom Bank renews partnership with Mambu

Krom aims to have over 20 million accounts by 2030.