Staff Reporter
SCB, CardX to share credit limit info for credit card applications
SCB, CardX to share credit limit info for credit card applications
The policy is effective 1 June 2025.
Malaysia’s household loans steady at 6% in April
The banking system recorded healthy liquidity buffers, the central bank said.
Credit card, production drive Philippine bank lending growth in April
Loans to non-residents declined at a faster rate.
Natixis CIB names Aurélia Vo Dinh as new APAC head of ASF
Vo Dinh brings 20 years of investment banking experience in her new role.
CIMB’s net profits up 1.9% to MYR 1.97b in Q1 2025
Operating income and non-interest income both contracted.
HSBC Malaysia penalized $690,000 for customer screening non-compliance
Customers were reportedly onboarded without proper sanctions screening.
HKMA, HKUST Business School ink MoU for applied cybersecurity research
They will explore supervisory tech and regulatory tech.
Malaysia fines Maybank Islamic for info submission lapses
The bank’s failure to ensure info was submitted led to three borrowers’ credit records being impacted.
Indonesian and French central banks ink MOU on central banking cooperation
They will hold policy dialogues, joint studies or research, and data and information exchange.
PAObank names Ronald Iu as chief executive
Iu has previously served as chief executive of two other digital banks in Hong Kong.
PwC’s Wanyi Wong highlights the need for synergy in a converging fintech landscape
She emphasises the value of scalable, risk-aware solutions that bridge startups and traditional finance.
Fintech is now about embedded finance, platforms, and data monetisation – Bain & Co.’s Ben Clemens Balzer
He highlights how investor strategies, regulatory shifts, and digital ecosystems are reshaping the sector’s future.
Malaysia fines two banks for non-compliance with AML/ CFT requirements
BPMB reportedly did not properly screen existing customers for risk.
Weekly Global News Wrap: UniCredit doubles stake in Alpha; US banks eye crypto
And the American banking industry reported $70.6b in profits for Q1 2025.
APAC card payments markets to grow 4.3% to $24.7t in 2025
South Asia and SEA countries are skipping cards for mobile wallets, however.
Alliance Bank’s net profit up 11.1% to $46.6m in Q4
For FY3/26, DPS may rise to MYR0.27 and net profit to $200.6m.
India’s consumer lending growth slows in 2025
Consumer demand for mortgages and personal loans will be dampened, it said.
Thought Leadership Centre
Most Read
1. OCBC scales regional SME support with S$25b sustainable finance goal 2. ASIC scam takedowns jump 90% as Australians’ losses hit $2.18b 3. Standard Chartered unveils first-ever Global Fusion Centre in Malaysia 4. MUFG breaks ground on new HQ with 2030 target completion 5. Philippines cash holds 42% of POS payments despite e-wallet riseResource Center
Read Here
Advertise
Sign Up
Events
Event News
Ipsos says lenders financial institutions now compete with best-in-class platforms across all industries
Commentary
Buy now, worry later: The hidden cost of BNPL
Why most banks are struggling with AI, and what the smart ones are doing differently
Data, AI, and trust: The next era of financial crime prevention
From behavioural change to scalable inclusion: Cross-border payments in APAC
Device governance is not an IT problem. For SEA's financial sector, it is a boardroom one
Corporate acupuncture: How precision M&A is reshaping Asia’s competitive edge