Staff Reporter

Mashreq wins two accolades at Asian Banking & Finance Retail Banking Awards 2025

Mashreq wins two accolades at Asian Banking & Finance Retail Banking Awards 2025

The bank emerged as the recipient of the SME Bank of the Year - UAE and SME Digital Innovation of the Year - UAE categories.

Mastercard unveils new perks under “The Mastercard Collection.”

It includes fast-track security lanes in airports and Live Nation events’ ticket access.

Demand for loans in Japan “about the same” in April-June

Firms of all sizes saw little change in demand during the period.

Hong Kong lenders consider making bad bank to offload $25b in soured loans

Hang Seng Bank and BoCom reportedly mulled setting up a special vehicle.

Singapore banks’ interest income expected to come weaker in Q2

Net interest margins of the 3 banks are expected to compress by 5-7 basis points.

Mashreq earns accolade at Asian Banking & Finance Retail Banking Awards 2025

The bank was recognised for its Neo Credit, the United Arab Emirates’ first fully digital short-term loan.

Thailand’s SCB enforces SIM name match requirement

Customers can still make transactions as usual on ATMs and branches.

HSBC appoints Runa Baksi as head of SEA for global trade solutions

Baksi will oversee GTS across Singapore, the Philippines, Thailand, and Vietnam.

South Korean banks to tighten household lending standards in Q3

This was due to the strengthening of household debt regulations.

Mashreq clinches accolade at Asian Banking & Finance Retail Banking Awards 2025

The financial institution’s launch of “Travel Plus,” an app with smart and simple travel protection, was applauded by the awards programme.

Mashreq earns recognition at Asian Banking & Finance Retail Banking Awards 2025

The banking company was applauded for launching UAE’s first fully digital account opening for non-resident Egyptians.

Mashreq honoured at Asian Banking & Finance Retail Banking Awards 2025

The financial institution earned an accolade for transforming priority banking with seamless digital simplicity.

Mashreq wins at Asian Banking & Finance Retail Banking Awards 2025

The company took home the Open Banking Initiative of the Year - UAE with its digital account opening for non-resident Egyptians.

Australia floats removing surcharge on card payments, lowering interchange fee cap

Lowering the cap could save businesses $1.2b in fees per year.

BofA appoints new heads for Global Payments Solutions in APAC

Lin Guo and Kitty Yen are head of GPS China and GPS Taiwan, respectively.

GXS Invest embeds insurance coverage with Singlife

Coverage will be up to three times the investment amount capped at S$100,000.

GoTyme Bank reaches $525.7m in deposits, expands into the SM Store

By Q3 2025, it will have kiosks in over 70 locations of the department store.