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Nium, Thredd expand virtual card partnership
Nium, Thredd expand virtual card partnership
The two fintech companies have issued 86 million virtual cards worldwide.
South Korean banks’ loan delinquency rate rise in February
Corporate, SME, and household loans all saw their delinquency rates rise.
APAC finance professionals more confident on economy but talent risks rise
US economy resilience and improvements in China and Japan propped up their confidence.
PH’s BillEase clinched $5m investment from Credit Saison lending arm
BillEase has achieved profitability in 2023 and delivered 47% return on equity.
VPBank’s asset quality at risk amidst housing slowdown
About 1 in 5 of its loans are real estate loans.
Funding Societies, SGeBIZ to offer embedded finance solution for SG businesses
The solution aims to help businesses manage their cash flow.
Bank of Singapore HK names ex-chief of Credit Suisse HK as its new chief executive
Rickie Chan succeeds Cindy Wong, who will serve as advisor until 31 May.
Deutsche Bank cuts 10 private banking roles in Asia: report
The bank has cut about 60 roles in Singapore and Hong Kong over the past year.
StanChart joins Visa’s B2B Connect to enhance cross-border payments
It aims to facilitate faster and more cost-effective business-to-business (B2B).
Hong Kong’s Mox Bank one of fastest growing digital banks worldwide
Mox has the 7th largest credit card book in the city and has 550,000 customers.
DCS Card Centre, E6 launch credit card issuing solution for fintechs
The service will be first rolled out in Singapore.
Thailand’s Kiatnakin Phatra Bank’s loan portfolio to benefit from rising car prices
Used cars make up 62% of the bank’s hire purchase loans.
Thailand’s TMBThanachart Bank eyes higher dividend payouts in 2024: analyst
The bank’s net profits rose 24% in Q1 compared to a year ago.
SCB X reports 2.6% higher net profit of $305.43m in Q1
Net interest income rose by fees and other income dropped.
1 in 2 Hong Kong adults trying to break free from parents’ bad money habits
Adults have the tendency to mirror their parents’ money habits, both good and bad.
Standard Chartered launches open banking marketplace with over 100 APIs
Clients can discover, identify, and test APIs in a sandbox environment.
Citi names Amit Dhawan as head of CCB Singapore
Dhawan has been head of emerging corporates for Asia since 2017.
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