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Australia’s Westpac unveils the Social Tailored Deposit
Australia’s Westpac unveils the Social Tailored Deposit
The minimum deposit is A$1m and will be directed to socioeconomic initiatives.
CommBank accelerates AI adoption with expanded Anthropic partnership
The Australian bank will focus on personalisation and safety.
CommBank rolls out discounts to small business with Yello for Business
Customers receive discounts on various brands and exclusive pricing on Samsung products.
Malaysia’s central bank appoints new deputy governor for supervision and regulation
BNM also announced a new technical adviser and an assistant governor.
SMBC Aviation Capital receives $445m settlement for terminated Russian contracts
SMBC expects to record equity gains of affiliated companies amounting to $250m.
NAB names Andrew Auerback as group exec for B&PM
Group chief risk officer Shaun Dooley will work as acting group CFO.
ANZ clinches Aussie gov’t support for Pacific operations
ANZ will invest $50m in its Pacific systems and enhance its digital bank offering.
Airwallex merchants can now accept Discover, Diners Club cards
Merchants in Australia, Europe, Hong Kong, Singapore, and the UK can accept these cards.
Citi names new co-heads for capital markets and advisory in ANZ
The appointments coincide with the retirement of Tony Osmond.
Standard Chartered unveils savings account for clients 55+ and above
It offers a 3% interest rate, and up to $50,000 protection from digital theft.
NETS names ex-DBS Tech COO as CEO of Banking Computer Services
Alex Woo will lead the Banking Computer Services Private Limited, a NETS’ subsidiary.
Bangkok Bank, Shell unveil prepaid card for Thai SMEs
They can use the preloaded card to pay for fuel at over 720 Shell service stations
Krungsri Bank launches online bill payment solution for Thai SMEs
SME merchants can accept payments via QR code.
MUFG acquires 9.98 million shares in JACCS
MUFG sees JACCS as a core company in its consumer finance strategy.
SMBC, Nomura to issue digital bond with new settlement scheme
They are also working on a proof of concept for settlement of securities using digital currency.
Alipay+ make up 80% of crossborder QR payments in DuitNow
Revenue from such payments are 6 times higher in 2024 than 2023.
Taiwanese SME loans rise in January on more bank loans
Average NPL ratio is 0.03 ppt higher than a month earlier.
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