APAC

Only 24% of discussions examine existing applications across Asia's financial sector.

HSBC’s Elhedery said AI is “a major enabler to re-engineer and reimagine all our businesses, all our activities”,

They will ensure policy and regulatory considerations are taken into account.

He will oversee structured financing and advisory services from Hong Kong.

Wealth players are expected to engage low and middle end of the market to increase scale and reach.

The proposed transaction remains subject to regulatory approvals across its operating markets.

Wallet holders can pay from crypto balances without selling or preloading funds.Visa is partnering with crypto payments network Mesh to let consumers spend cryptocurrency and stablecoin balances at more than 175 million merchant locations worldwide.

Expect growing interest in agentic commerce and AI-driven payments in H2, says KPMG.

Bank of America sees common standards and round-the-clock liquidity as key hurdles.

Governments are borrowing to fund development and infrastructure, said Citi’s Stephanie von Friedeburg.

Allium and FXC Intelligence found that business transfers held a smaller relative share than conventional currency flows.

ICBC recorded a 49% increase whilst Agricultural Bank of China registered 54% growth.

ServiceNow will support technology monitoring across Malaysia, Singapore, and Indonesia under a five-year agreement.

The bank handled nearly $20b in regional acquisitions.

Just four funding rounds accounted for 86% of the region's $2.3b investment.

It enables international card issuance using existing merchant infrastructure, subject to local compliance rules.