Frances Gagua

SG SMEs seek cross-border payments for overseas goals

SG SMEs seek cross-border payments for overseas goals

6 in 10 small businesses use an app to make int’l payments, with 3 in 10 having experienced issues.

DBS merges brokerage, digital exchange with treasury markets business

The new group, Global Financial Markets (GFM), will be headed by Andrew Ng.

PH bank AUB takes e-wallet overseas with Alipay+ partnership

HelloMoney users can now pay via QR code in South Korea, Malaysia, and Hong Kong.

South Korea cracks down on noncompliant private equity fund firms

Authorities first introduced the cancellation scheme in October 2021.

Citi names Luke Lu as head of banking in China

He will oversee all of Citi’s business and operations in China.

SMBC subsidiary establishes aircraft financing, leasing platform

The investment is targeted at US$1.5b for a three-year period.

BPI Debit Mastercard to undergo maintenance on 4 Feb

ATM, e-commerce, and POS transactions will be unavailable from 12AM to 12NN.

Bangkok Bank enables remote account identity verification through Boonterm kiosks

Customers need only a smart Citizen ID card and their reference code from the app.

Thailand banks’ profits underperform in Q4

Thai banks are expected to see THB130b in new bad loans in Q1, UOBKH warns. 

Hong Kong banks should play ‘long con’ to reap 2025 growth benefits

2024 is expected to be challenging for Hong Kong banks, KPMG reports.

Higher loan demand, low credit losses spell better year for PH banks

Philippines’ digital banks will continue to make losses due to weak asset quality.

Alipay+ unveils campaigns, promos for Chinese New Year

These include special voucher bundles of up to 90% off.

Mastercard's Matthew Driver on how AI can boost loyalty programs, regulatory compliance

Organisations must realize that not everything is black and white and adjust accordingly.

Thailand’s KBank targets 5% loan growth in 2024 under ‘3+1’ strategy

The bank is scaling up its wealth advisory business to grow fee income.

Mizuho names crisis chief for specialty assigned matters

The position change is effective on 29 January.

SMBC’s Indonesian arm begins offering ESG deposit product

BTPN will earmark deposits made under this for financing in the ESG field.

Majority of Philippine banks to maintain lending standards in Q1: survey

Banks maintained their credit standards for households, corporates in Q4.