APAC

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.
24 minutes ago

AI boosts productivity but fails to lift revenue for most banks

Three in four global institutions hope to generate additional income from the technology.
8 hours ago

SMBC and Ant International team up on cross-border payments and SEA expansion

SMBC will integrate Ant’s Whale RTP platform into its solutions.
22 hours ago

HSBC rolls out HSBCnio to unify clients’ transaction banking access

Clients can connect their internal systems directly to HSBCnio.
22 hours ago

The hidden realities of succession for next-gen heirs

Succession should be measured by whether the next generation is ready to carry what comes with it.
2 days ago

Machine-to-machine payments to lead agentic finance: UOB

Autonomous credit decisioning is the most distant from becoming reality.
2 days ago

Islamic finance crypto limited by divergent Shariah views

The absence of formal guidelines limits harmonisation across jurisdictions, says Fitch.
2 days ago

How AI dominates future cross-border payments coverage in Asia

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

Weekly Global News Wrap: Barclays to cut 5,000 jobs; Wells Fargo appoints head of AI; HSBC exec warns about data centre investments

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

Malaysian and Thai central banks join SG’s BLOOM

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

Crédit Agricole appoints Prateek Bajaj as Asia energy head

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

Wealthtech on track for lowest funding since 2018

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

Standard Chartered buys Zodia Custody as digital units combine

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

Visa and Mesh to enable crypto payments at over 175 million merchants

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.
6 days ago

Payment fintech funding doubles in H1 as infrastructure leads

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

Banks rethink overseas ties as payments go digital

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

Sovereigns and corporates compete for the same loans and capital: Citi

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