Staff Reporter

Hong Kong launches incubator for banks’ adoption of DLT

Tokenised deposits will be a core focus upon the incubator’s inception.

Nine in 10 SMEs enhances brand image through HKSMEA, Dah Sing Bank initiative

The survey showed that 72.2% acknowledged funding support for certification.

Four factors shaping APAC’s digital retail payments in 2025

Cash remains relevant in Malaysia and Singapore.

XTransfer granted MPI license in Singapore

XTransfer will launch its payments solutions soon.

Taiwanese banks' outstanding loans rises to $1.29t in November 2024

Non-performing loans of these banks totalled $1.98b, reflecting a $50m decrease.

Vietnam's banking system poised to achieve 16% credit growth: SBV

The growth targets for credit institutions will be determined based on their 2023 ratings.

Reserve Bank of India lifts restrictions on Asirvad Micro Finance, DMI Finance

It issued a cease and desist order from loan sanctioning in October 2024.

Global network tokenised transactions to double to 574 billion by 2029

Network tokenisation's role in securing digital payments will drive merchant adoption.

Singapore sees $2.1m lost in credit card fraud over three years

Card scheme operators have implemented the 3-D Secure protocol for added security.

Philippine digital lending may exceed $1b in H2 2025

Digital lenders may make up 55.2% of the market share, says Digido.

ZA Bank to give out cash equivalent to 1 Bitcoin

You can earn points by doing crypto investment related activities in the app.

Global banking industry faces headwinds amidst shifting monetary, political landscapes: BOC

It is expected to see pressures on profit growth and uneven expansion.

PAObank, Mybooster launch cross-border e-commerce revolving loan

It offers funding of up to $5m, with tenor extending up to six months.

Dah Sing Bank warns against fake website

The bank has reported the incident to the Hong Kong Monetary Authority.