Economy
Philippine cybercrime cases triple as fintechs deploy AI to curb money mulling
Philippine cybercrime cases triple as fintechs deploy AI to curb money mulling
Losses hit US$3.35m as regulators tighten controls.
Five takeaways from day 1 of the Singapore Fintech Festival
Tokenisation emerges as a key driver of future digital money systems.
Why finance leaders push tokenisation as next phase of digital money
Tokenised deposits invert the model, allowing banks to deliver liquidity directly where required.
Singapore builds a three-tier strategy to future-proof its workforce
The plan spans basic AI literacy to advanced development as technology reshapes jobs.
Singapore pursues digital economy ties with ASEAN and global blocs: DPM
DPM Gan also said Singapore is focusing especially on financial services to stay globally relevant.
Asia’s regulators need to match banks’ digital pace, GFTN says
Good regulation, he argued, should function as “a safety belt, not a brake."
Banks post record $1.2t profit in 2024: McKinsey
If banks fail to adapt AI, global profit pools could fall by about $170b.
China’s banks expand lending but struggle with weakening demand
UOB Kay Hian said banks remain cautious in extending long-term credit.
Why Indian banks are seen to absorb loan losses
S&P also said earnings are likely to moderate but remain above long-term averages.
Bank Negara launches upgraded RTGS system for continuous payments
Since 2024, Malaysia’s daily retail payment volume and value have grown by 49% and 22%.
HKMA warns public of online scams targeting local banks
The Bank of East Asia reported fake websites and internet banking login screens.
RBA sets out plan to make payments system ‘anti-fragile’
It has also warned that delays in encryption and contingency plans risk fraud and disruption.
HKMA study identifies AI and data analytics as key banking skills
Another key finding is the importance of a collaborative approach across the industry.
Australian mutual banks may offset costs through process automation
It could help banks sustain their historical loan growth of about 6%.
FInancial services hiring slows as consumer demand weakens
This marks the second consecutive quarter of declining confidence.
MUFG partners with Kodansha, CREDEUS team up to fund film productions
They will fund live-action film series adaptations of Kodansha-published works.
Mizuho signs MOU with Abu Dhabi Investment Office
Mizuho plans to support clients interested in expanding into the UAE.
Thought Leadership Centre
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1. UOB and HSBC complete live HKD transactions on Swift ledger 2. DBS and Stripe partner to capture Asian cross border payments 3. Visa and Nium test stablecoin payments under MAS’ BLOOM initiative 4. Are Asia’s digital banks prepared for the stablecoin era? 5. Revolut taps banking, government veterans for Singapore advisory boardResource Center
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Tài Chính Số Tận Tâm (Conscientious Digi-Finance) puts customer experience at the centre, helping people better monitor, manage, and take control of their financial decisions.
Commentary
From automation to agency: Asia’s wealth leaders can reinvent, not just streamline
Singapore aced its FATF evaluation — now comes the hard part
Are Asia’s digital banks prepared for the stablecoin era?
Why APAC is building home-currency stablecoins
Why Southeast Asian wealth managers must design the business before buying the technology
Why trust in Asian banking increasingly gets built off the record
Hong Kong cleared stablecoins for take-off. Getting them to work across Asia is the hard part
The financing challenge behind Asia’s wealth transfer
Banks need to rethink identity governance for AI agents
From stablecoins to sovereignty: The rise of trust-based digital dollar systems