Frances Gagua
Thailand’s Beam raises $2.5m in seed funding
Thailand’s Beam raises $2.5m in seed funding
Beam offers a one-click checkout solution for seamless payments.
Why a hybrid platform is the answer to banks’ digital advisory woes
Customers seek confidence and clarity from financial advisers.
ADB inks MOU with R3 to explore use of distributed ledger tech
This includes a project exploring a cross-border multi-currency securities settlement system.
Sound underwriting shields South Korean banks’ from housing market downturn: Fitch
Unsecured personal loans and small business loans are bigger risks.
EastWest Bank, JCB launch credit card in the Philippines
Customers can access several rewards and year-round promotions.
Australia’s biggest banks to pay $84.51m for insurance lawsuit
CBA, Westpac, and ANZ allegedly misled customers by selling or issuing policies of no value.
Meaningful experiences, wellness as key pillars of the return of travel: Mastercard’s Mayank Dutt
Mastercard’s cardholders in its affluent portfolio can access wellness programs on the go.
Thailand’s KBank earmarks $5.53b for sustainable funding, loans
The bank says it will grant the funding and loans to 1.9 million small pocket customers.
Weekly Global News Wrap: Goldman Sachs promotes 80 bankers to partners; Citi to buy Deutsche Bank's Mexican license
And Sweden's central bank encourages banks to moderate dividends.
MAS grants Atome in-principle approval to be a Major Payment Institution
Atome can now perform regulated payment services in Singapore.
RBC Wealth Management names Kamran Azim as COO for Asia wealth business
He will be based in Singapore.
Dah Sing Bank reopens Tuen Mun Branch
It was temporarily closed for cleaning and disinfection.
Interest rates will be Singapore banks’ boon and bane through 2023: analyst
It’ll benefit them over the next three quarters, but asset quality may deteriorate after.
ZA Bank launches tax loan with early repayment handling fee waiver
Users may avail of a 10% interest rate discount when applying for the loan before 30 November.
Alternative payments inch closer to e-commerce domination in New Zealand
The growth of BNPL has pushed up adoption of alternative payments.
American Express appoints Marlin Brown as Singapore Country Manager
He was recently the country manager for Thailand.
American Express has named Marlin Brown as its new Singapore Country Manager.
Dah Sing Bank’s Tuen Mun Branch closed until further notice
Staff will be tested before they return to work.
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1. Revolut Singapore hits first year of net profitability in 2024 2. CIMB Philippines says fund transfer issue ‘resolved’ 3. HSBC Singapore unveils wealth centre at The Star Vista mall 4. Citi names Goldman Sachs banker as head of markets solutions in Asia South & North 5. UOB inks MOU with Accenture for AI adoption and applicationResource Center
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The Asian connection: China's path to sustainable growth