Frances Gagua
Australia unveils new standards for banks, insurers’ operational risk management
Australia unveils new standards for banks, insurers’ operational risk management
The new standard will take effect on 1 July 2025.
BPI net income up 23% to $461.09m
Net interest income rose 27% but non-interest income fell.
Line Bank Taiwan launches Fast Financial Platform
As of July, LINE Bank Taiwan has over 1.57 million users.
GXS opens savings account to all Singaporeans, maximum deposit raised
It offers a daily interest credit feature.
Shinhan Bank, SCB TechX successfully complete stablecoin remittance pilot
The proof of concept was built on the Hedera network.
SMBC grants $50m green loan to Thailand's Indorama Ventures
Indorama Ventures will use it for their working capital and to achieve its sustainability targets.
Hang Seng expands remote account opening service to HK companies with mainland shareholders
The e-Sign service can also now be used to provide signatures for loan documents.
Bank of Korea launches financial and economic snapshot platform
It is optimised for mobile devices to make data viewing easier for the public.
Malaysia’s Curlec by Razorpay launches payment gateway
Curlec targets RM10b in annualised gross transaction value by 2025.
Bank of East Asia extends Sheung Shui Branch hours to seven days a week
Its Tsim Sha Tsui and Shatin Plaza branches have reverted to regular business hours.
BOCHK warns of fraudulent website
BOCHK said that it has no connection to pulsboc(dot)com.
ZA Bank welcomes deposit protection hike
Raising the limit will increases awareness and trust in virtual banks, ZA Bank said.
Japan’s SMBC Group launches UK commercial banking subsidiary
It’s head office is located at 100 Liverpool Street, London.
Hong Kong mulls raising deposit protection limit to HK$800,000
The number of depositors fully protected will rise to 92%.
HSBC builds up China green finance team: report
It also mulls offering carbon offset products to customers, a source said.
South Korea to let overseas firms enter its FX market: report
Authorities target its implementation by Q4.
South Korea’s household loans rise 3.5% in June
Demand for bogeumjari loans and jeonse loans drive mortgage loan demand.
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He highlights the importance of cultural context, workforce mobilisation, and data-driven strategies in financial sector innovation.
