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Mastercard rolls out AI assistant to remind cardholders of benefits
Mastercard rolls out AI assistant to remind cardholders of benefits
Citi is exploring opportunities to bring the AI assistant to its Singapore and Hong Kong customers.
NAB to lay off up to 1,500 jobs by end-2026
NAB to lay off up to 1,500 jobs by end-2026
It is cutting about 6% of its current internal workforce through FY2027.
Hong Kong banks adapt as affluent portfolios go global
 "https://vimeo.com/1239740383"
Hong Kong banks adapt as affluent portfolios go global
Adviser capacity and cross-border compliance are becoming key operating priorities.
SeABank cuts profit target by 15% and names new chairperson
SeABank cuts profit target by 15% and names new chairperson
Cutting the target lets SeABank lower its lending rates for SMEs, priority sectors, and green projects, the bank said.
DBS, Maybank and IFC team up on $7.7b Johor solar project financing
DBS, Maybank and IFC team up on $7.7b Johor solar project financing
Nearly 90% of the project’s green energy is already drawing capacity booking interest.
Wealth and capital markets to lift Standard Chartered HK profits
Wealth and capital markets to lift Standard Chartered HK profits
The bank’s net interest margin is expected to remain stable over the next two years.

Forum

Can nature risks become a lending opportunity for Malaysian banks?

About $200b of Malaysian bank loans depend on water, soil, and other natural resources.

What happens when Indian banks’ $127b deposit boost matures?

The deposits equal about 4.5% of the Indian banking system’s deposit base.

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Exclusives

KB Bank wants a place in your shopping cart
It is expanding offers through e-commerce platforms and Korean beauty clinics.
Financial Technology Atome taps alternative data to reach unbanked Filipinos
About 80% of its Philippine cardholders are using their first card product.
Cards & Payments Banks told to stop playing Gen Z card
Complicated reward schemes and spending conditions can erode card benefits.
Cards & Payments Banks rethink overseas ties as payments go digital
Bank of America sees common standards and round-the-clock liquidity as key hurdles.
Singapore opens door to foreign stablecoins under tighter rules
Banks may need separate companies to issue stablecoins under the proposed framework.
Investment Banking India draws foreign banks as China expansion remains costly
Setting up a Chinese unit requires $149m in capital, versus $53m in India.
Banking Technology Standard Chartered says smarter AI use beats cutting-edge tech
AI-powered environmental assessments could save 5,000 staff hours annually.

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