Frances Gagua

The Philippines unveil tap-to-pay fare system in metro line

Commuters can now pay train fares in MRT-3 stations with their credit or debit card.

KBANK credit costs’ set to exceed target on trade pressures

In the worst-case scenario, credit cost could rise to 170bp.

Krungthai Bank’s net profit dip 1% to $344.37m in Q2

Basic earnings per share is THB0.8 for the quarter.

Shinkin Central Bank’s strong liquidity backed by sticky member deposits

It has very low credit risk in its investment portfolio and loan book, says Moody's.

India’s Federal Bank rolls out biometric card payments for e-commerce

Customers can authenticate online purchases with fingerprint or face ID.

Malaysian bank’s gross impaired loans could rise by 5.6% in FY2025

Hong Leong Bank and Public Bank may be least impacted if GILs rise by 10%-30%.

DBS launches bespoke private assets solution for UHNWs and family offices

The bank has teamed up with Hamilton Lane to launch PATH.

Moomoo Singapore surpasses 1.5 million app users

The investment app has launched an AI investment assistant.

SCB X net profit up 18.7% to $386.9m in H1

Q2 net profit rose 27.7% on higher investment gains and reduced losses.

ADB maintains strong capital as lending and leverage rise

It is expected to release $10.3b in climate financing to its sovereign borrowers.

Credit unions could see up to $10b uplift by closing tech gaps

They will have to overcome weaker digital sales and outdated platforms.

UBS to adopt LSEG data and analytics solutions

It will affect the bank’s asset classes, business franchises, and trade lifecycle.

Mobile POS to grow to $4.9t by 2030 on growing card use

Shift from fixed POS terminals at checkouts will also drive its growth.

Australia probes debt firms over term breaches and poor service

They may be failing to meet agreement terms or charging high fees, amongst others.

Bangkok Bank likely to miss 2025 net interest margin target

Its Q2 2025 earnings growth was flat year-on-year.

SBI loan growth to hit 12% in 2025 whilst capitalisation to improve

Partial stake sale in Yes Bank will improve core capital ratio further.