Staff Reporter
Hang Seng Bank, CCB launch e-CNY merchant payment service in Hong Kong
Hang Seng Bank, CCB launch e-CNY merchant payment service in Hong Kong
Consumers can now pay with their e-CNY wallets in more than 100 local merchants.
Macquarie remains well capitalized despite compliance breaches
The Australian bank recently reported monitoring failures and short-selling misreporting.
OCBC could distribute $460.7m in additional capital to investors
This would equate to about 13 Singaporean cents per share.
More firms plan to support instant payments within next two years
Yet 13% FIs in APAC remain unsure about timelines and readiness.
UnionBank offers 0% installment plans in Ikea for credit card holders
For a minimum spend, cardholders can avail a 0% installment plan for 3 months.
Macquarie Group’s net profit up 3% to A$1.65b in H1 2026
Net operating income and operating expenses are both higher compared to a year earlier.
OCBC net profit holds steady at $1.98b in Q3
Quarter-on-quarter, net profit was up 9% from $1.82b.
Banks embedding sustainability pay less for capital, UNFI says
Half of global banking assets now aligned with responsible banking principles
Philippine banks’ profits up 4.1% to $3.35b in H1 2025
Assets rose thanks to stable domestic deposits, and strong liquidity and buffers.
NAB sees net profit dip 2.9% to A$6.76b in FY2025
The group saw a deterioration in its business lending portfolio, the bank reported.
Aussie mortgage holders and renters lead in unpaid card debt: survey
Mortgage payers owe A$1,342 on average, compared to homeowners owing A$787.
Fighting fraud in the digital banking age
Cybercriminals are exploiting new weaknesses, with digital document forgeries up 244% year-over-year.
Airwallex surpasses $1b in annual recurring revenue
The Americas and EMEA make up 35% of its revenue.
Australians pull back on spending to afford a home loan: survey
Despite this, 1 in 3 Australians believe that they will never afford their own home.
Societe Generale names head for Power, Utilities, & Infrastructure investments
Anoop Chaudhry will be based in Hong Kong.
OCBC names Melvyn Low as group chief strategy & transformation officer
He will continue to lead the global transaction banking division.
GoTyme Bank reports 7.8 million users after three years
Customers can make deposits and withdrawals in 1,450 partner locations.
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