Staff Reporter

ZA Bank’s Devon Sin joins TransUnion as chief product officer

Sin was most recently the bank’s alternative chief executive.

Banks explore stablecoins as digital currency gains traction

The future of banking deposits is changing due to the growth of stablecoins.

How stablecoins may challenge the traditional payments’ status quo

Stabelcoin transaction volume has exceeded $27t per year, according to official data.

Banks target 2030 cost cuts through transformation efforts

About 1 in 3 see embedding AI as a way to transform their organizations.

TransferMate clinches MAS approval to add payment services

This expands its existing suite of products in Singapore to include storing funds.

DBS and UOB earnings to show impact of SORA, credit costs

DBS should have good earnings, whilst the effect of SORA is a point of interest.

Taiwanese investors adopt conservative strategies in 2025: survey

Saving and wealth accumulation remains the top goal amongst the 9,000 respondents.

Commonwealth Private unveil self-directed investment option for wholesale investors

Private Wealth Advantage is a self-directed investment option for wholesale investors.

Islamic finance market to be valued at $7.7t in 2033

The global market was $2.5t in 2023, according to Allied Market Research.

Auto finance market to be valued at $5.6t by 2031

The passenger vehicles segment held the largest share of revenue in 2021.

MUFG’s profits down 1.8% to $3.71b in Q1 FY2025

Ordinary income declined 7.7% from a year earlier.

Citi expands JANA and Asia South teams with new senior hires

In-house banker Adrian Khoo has been named co-head of DCM for JANA and Asia South.

Bahrain Development Bank bags two wins at Asian Banking & Finance Retail Banking Awards 2025

The financial institution emerged as the recipient of the SME Bank of the Year - Bahrain and SME Digital Innovation of the Year - Bahrain categories.

Banking Circle S.A. acquires Australian Settlements Limited

Banking Circle offers instant payment technology to payment companies and banks.