Frances Gagua
JCB, Indonesia’s BNI launch credit card with focus on dining
JCB, Indonesia’s BNI launch credit card with focus on dining
Cardholders will get a $974 cashback if they spend $9,750 across a certain period.
BOCHK warns of 9 fraudulent websites, phishing email
It has reported the case to local authorities.
BEA warns against 16 fraudulent websites
It has reported these sites to the local police and the HKMA.
HSBC taps 8 ex-Credit Suisse bankers for equities business: report
Appointments were for Hong Kong, London, New York, and Mumbai.
Changi Pay joins Alipay+ ecosystem, can now be used to pay in China
New users who top up S$50 will receive S$40 off iShopChangi purchases.
MAS enforced over S$20m in penalties in past 18 months
Authorities issued 18 prohibition orders and logged a total of 39 criminal convictions.
OCBC taps Alipay+ to enable customers to pay in China, Korea, Malaysia with digital app
Payments will be made directly from customers’ OCBC SG bank accounts.
Weekly Global News Wrap: Morgan Stanley rolling out gen AI support for FAs; Russia’s Sovcombank sues HSBC to recover debt
And private equity firms allege fraud as they seek $750m from Morgan Stanely.
Citi TTS pilots token services for cash management, trade finance
Citi will integrate tokenised deposits and smart contracts in its global network.
StanChart HK inks MOU to promote business, dev’t between HK and Dubai
This include promoting the growth of family offices, fintechs, and virtual asset industries.
Standard Chartered launches sustainable trade loan
The loan will be available for select eligible activities, such as installation of wind turbines.
UOB Malaysia unveils supply chain management services in UOB Infinity platform
UOB clients will be able to digitally connect to buyers, suppliers, and distributors across Asia.
Citibank China clinches Futures Margin Depository Bank approval
It is the first American bank to clinch the approval.
OCBC’s Wisma Atria branch launch new partners, celebrates anniversary
The branch receives 7 times more credit card applications compare to banking-only branches.
MUFG closes $404m green loans to build two data centres in Jakarta
This is MUFG’s second project financed greenfield data centre transaction in APAC in 2023.
South Korean banks’ deposits up by $21b in August
Transferable deposits and time deposits both grew.
Korean banks’ lending to corporates, SMEs rise in August
Loans extended to large corporations and SMEs both rose during the month.
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1. How Danantara’s plan to acquire BRIS will impact four Indonesian banks 2. SG digital banks expand into investments and loans to boost profits 3. Singapore's banks leave more jobs unfilled as hiring slows 4. Mizuho has given out JPY40.3t in sustainable finance loans in 5 years 5. MUFG invests in May Mobility for autonomous vehicle deploymentResource Center
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He highlights the importance of cultural context, workforce mobilisation, and data-driven strategies in financial sector innovation.
