Vienna Verzo

For too long, banks have treated their mobile apps as mere extensions of their physical branches.

Malaysia has come a long way in promoting financial inclusion. With more than 96% of adults now having access to formal financial services, up from just 46% in 2011, the country is often praised as a model in Southeast Asia.

Consider the ASEAN region, a collective of ten Southeast Asian countries brimming with untapped potential.

The banking sector in Singapore has shown signs of expansion, with loan growth rising to approximately 5% in 2024.

Banks, insurers, and asset managers in Asia Pacific (APAC) could soon be faced with a partial transition of new wealth flows to WealthTechs. What can they do before it is too late?

Imagine a future where your bank is not just a financial institution but a sentient, adaptive entity that anticipates your every financial need before you even realise it. 

The Philippines’ biggest fintech platform is targeting the retail sector.

Non-performing loans of these banks totalled $1.98b, reflecting a $50m decrease.

The growth targets for credit institutions will be determined based on their 2023 ratings.

It issued a cease and desist order from loan sanctioning in October 2024.

Network tokenisation's role in securing digital payments will drive merchant adoption.

Card scheme operators have implemented the 3-D Secure protocol for added security.

It is expected to see pressures on profit growth and uneven expansion.

It offers funding of up to $5m, with tenor extending up to six months.

The bank has reported the incident to the Hong Kong Monetary Authority.

In 2024, OCBC supported about 260 new mid-sized enterprises to set up shop in Malaysia.