Staff Reporter
Singapore places fourth for most ‘ATMs near me’ Google searches
Singapore places fourth for most ‘ATMs near me’ Google searches
Sri Lanka, Malaysia, Mongolia, and Hong Kong also made the list.
MoneyHero partners with BPI to expand credit card offerings
Users can compare more than 20 credit card options in MoneyHero’s platform.
Mizuho buys tech-based carbon dioxide removal credits
It has joined a joint carbon credit facility to promote and disseminate such technologies.
UOB unveils FDI Advisory Centre in South Korea
The bank has helped over 150 Korean companies expand to SEA since 2011.
Indonesians desire better fraud protection in real-time payments
Nearly all of the Indonesians surveyed have sent and received RTP.
Bank of China Hong Kong stays resilient with buffer against CRE risks
S&P anticipates moderately slower asset growth.
India tightens microfinance rules to curb borrower overleveraging
Lending in the sector has slowed down as tighter rules began rolling out in 2024.
Hong Kong banks have enough buffers against commercial real estate strains
But small and midsize banks are likely to experience greater strain due to their higher exposure to commercial property.
Millenials, Gen Z to lead fintech adoption in Southeast Asia by 2030
Adoption could rise to 79% by 2030 from 65% in 2024.
Alipay+ goes live in Sri Lanka with 14 e-wallets enabled for payment
Travellers using the e-wallets can pay in over 400,000 merchants via LANKAQR.
Chart of the Week: 1 in 4 Filipinos have used BNPL services
The number of unique users rose by 40% as of end-2024.
Chocolate Finance to continue 3-6 day withdrawal time frame
It has not disclosed when it plans to return the instant liquidity feature.
GXS Savings Account’s maximum balance raised to S$95K
Interest rate is 2.38% for the Savings Pocket product.
OCBC CEO Helen Wong’s remuneration up 5.7% to S$12.8m in 2024
Her base salary is lower but her bonus is higher.
Westpac unveils block option that stops retail transactions
It can be activated via the Westpac app or online banking platform.
Trust Bank introduces money lock feature with digital unlocking capabilities
They need their app and card to unlock their money.
India revises priority sector lending guidelines
It broadened the purposes for renewable energy loans and revised UCB targets.
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