Staff Reporter
PayPay and Alipay+ expands partnership to extend e-wallet payment options across Japan
PayPay and Alipay+ expands partnership to extend e-wallet payment options across Japan
Alipay+ will connect to over 3 million local merchants in the global payment ecosystem.
Maybank Singapore taps PracBiz to streamline supply chain finance
The partnership targets businesses in the fast-moving consumer goods sector.
OCBC launches near-instant P2P transfers to WeChat Pay and Alipay
It also aims to expand the service in Indonesia and the Philippines by 2026.
Evercomm, CTBC Bank to develop AI-powered green financing platform
The platform aims to advance green financing.
Ant Int’l launches digital sustainability scorecard for MSMEs
The scorecard offers actionable insights for MSMEs to enhance ESG credibility.
UOB’s net profit climbs to $3.42b YTD amidst fee income growth
The quarter’s earnings surged 16.5% YoY.
OCBC’s Q3 2024 net profit rises 9% to $1.50b
Operating expenses rose 9% to $1.11b.
Over half of banking executives struggle with data silos: report
This is due to technological barriers and cost constraints.
Australian banks' credit risk rises amidst high debt, economic uncertainty
National Australia Bank reported an 8.1% decline in cash earnings.
State Bank of India taps SG-based APIX for fintech innovation platform
The platform will provide access to over 250 financial service APIs.
Deutsche Bank injects €571m to support India growth plans
It boosts the bank’s regulatory capital by 33% YoY.
DBS’ Q3 2024 net profit climbs 15% YoY
Total income rose 11% YoY.
e-CNY expansion may curb banking income: S&P Global Ratings
It could reduce expenses for companies and facilitate international payments.
OCBC, Ant International team up on tokenised deposits
It aims for real-time, around-the-clock cross-border payments between Singapore and Malaysia.
Standard Chartered and Wise Platform team up to enhance SC Remit
Through this partnership, users can send funds in 21 currencies.
AlixPartner names Una Ge as new HK partner and managing director
She was previously a partner at Deloitte China, focusing on cross-border restructuring.
Wise gains direct access to PH’s InstaPay and PhilPaSS Plus
This enables over 63% of all Wise transactions to be completed instantly, with an average fee of 0.62%.