Frances Gagua
DBS, UnionPay launch multi-currency debit card
DBS, UnionPay launch multi-currency debit card
Cardholders can make direct payments in 14 currencies.
Bangkok Bank reports $358.91m net profit for Q3
Earnings per share is THB6.54 for the period that ended on 30 September 2024.
Mizuho Bank, Rakuten launch co-branded card
Customers can earn up to 3% Rakuten Points when shopping.
Maybank rolls out green financial advisory service to SEA SMEs
Small and medium enterprises will receive funding to aid in their sustainability reporting.
Mizuho, Rakuten form alliance; will launch new cards, installment payments
The six companies aim to create new retail business models for the payments industry.
MAS’ Chia Der Jiun touts potential of asset tokenisation, quantum
Security is already a concern when considering the potential of quantum.
GoTyme, foodpanda launch flexible loans to MSMEs
The loans are offered to foodpanda's partner vendors.
Gov’t support keeps APAC banks stable
Each market has their own problems, such as floods and weak property demand.
Westpac expected to maintain solid capital despite profit drop
Credit risk is expected to remain low.
Citi, Fidelity demonstrate real-time settlement of MMF and digital FX
It might enable faster, seamless management of treasury positions.
ANEXT Bank, Schroders to launch investment funds to MSMEs
Over 30% of ANEXT’s customers are foreign business owners.
HDBank reports profit before tax of $500m for Q3
Its consumer finance arm HD SAISON grew its loan book by 15%.
Hong Kong’s digital banks play crucial role in developing the fintech ecosystem
Public acceptance of digital banks is increasing in the city.
The Access Bank UK Limited officially opens Hong Kong branch
It will focus on international trade and commercial banking.
Why is willful default a growing threat to Bangladesh’s financial stability?
Bangladesh must implement stronger governance measures across its financial institutions.
Mobile Wallets are Southeast Asia’s Pathway to Financial Inclusion
As Southeast Asia’s economies are becoming increasingly interconnected, there are plenty of opportunities for global firms to make cross-border payments seamless.
Hang Seng Invest, SAB Invest launch ETF
The ETF will debut on the Saudi Exchange on 31 October 2024.
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He highlights the importance of cultural context, workforce mobilisation, and data-driven strategies in financial sector innovation.
