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.

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%.

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.