Staff Reporter
Mastercard launches OTP-free online transaction
Mastercard launches OTP-free online transaction
This ensures that payment credentials are not shared with third parties.
Maya Philippines rolls out new international payment service
The service allows foreign customers to pay in their home currency
Banque de France, MAS completed post-quantum cryptography trial
The technology aims to protect data from cybersecurity threats posed by quantum computing.
HSBC invests $100m in MSME finance platform Funding Societies
Two annual credit facilities were also extended to Funding Societies.
Citi reels in new head of commercial bank for Korea
He has over 23 years of experience in corporate banking.
Swift, UBS, Chainlink pilot tokenised fund settlements
The global mutual fund market is worth $63t.
StraitsX partners with Ant, Grab for blockchain payments
Starting September, tourists from 12 regions can use their home payment apps.
Mastercard Pay Local links cards to APAC wallets
It allows consumers to use their Mastercard cards at over 35 million merchants.
GoTyme, foodpanda launch flexible loans to MSMEs
The loans are offered to foodpanda's partner vendors.
Gov’t support keeps APAC banks stable
Each market has their own problems, such as floods and weak property demand.
Westpac expected to maintain solid capital despite profit drop
Credit risk is expected to remain low.
Citi, Fidelity demonstrate real-time settlement of MMF and digital FX
It might enable faster, seamless management of treasury positions.
ANEXT Bank, Schroders to launch investment funds to MSMEs
Over 30% of ANEXT’s customers are foreign business owners.
HDBank reports profit before tax of $500m for Q3
Its consumer finance arm HD SAISON grew its loan book by 15%.
MAS unveils plan to advance tokenisation in financial services
The plan focuses on four areas.
Hong Kong’s digital banks play crucial role in developing the fintech ecosystem
Public acceptance of digital banks is increasing in the city.
The Access Bank UK Limited officially opens Hong Kong branch
It will focus on international trade and commercial banking.