Southeast Asia
Indonesia QR payment searches surge 475%
Indonesia QR payment searches surge 475%
It showed the fastest growth amongst six Southeast Asian markets.
6 days ago
Which startups are leading Southeast Asia's payments race?
Singapore-based companies dominate the list.
Digital payment interest soars as merchants embrace QR
Vietnam recorded a 175% increase in searches showing intent to offer electronic checkout options.
SEA finance professionals want gen AI skills but proficiency lags
Nearly 3 in 4 said that they have only basic or no gen AI skills.
SEA fintech funding falls 3% to $682m as early stage money shrinks
There were zero IPOs and acquisitions fell to just 6 for the H1 period.
Finance professionals sideline coding for GenAI
Data visualisation ranks second at 34% whilst process automation reaches 29%.
Singapore banks test way to free up lending capacity
Most Southeast Asian lenders have little need to follow, says S&P Global.
SEA fintech funding dips 4% in H1 despite Airwallex raise
Payments firm Airwallex raised $320m in its Series H funding round.
Deutsche Bank invests $50m in Southeast Asia climate fund
The bank will provide oversight for the programme and oversee fund implementation.
Philippine banks face ghost account reckoning amidst biometrics push
It is going down the same route as Vietnam, where a re-verification mandate shuttered millions of ghost accounts.
SEA leads fintech density as Asia gap widens
Singapore recorded 619 fintech companies per 1 million people.
High fuel costs and supply chain disruptions weigh on South Asia and SEA banks
The Philippines, India, and Thailand would see increased pressure from a prolonged conflict.
OCBC scales regional SME support with S$25b sustainable finance goal
The company aims to support 12,000 SMEs across Singapore, Malaysia, Hong Kong and Indonesia.
CIMB commits to private wealth push across Malaysia and ASEAN
It aims to use wealth revenue to sustain a NOII contribution of 33% to 34%.
Islamic lenders hit digital wall on slow rollout
Products don’t evolve quickly due to extra layers of review.
Citi snaps up UBS franchise chief to lead ASEAN real estate
Indran Thana joins Citi Singapore as MD, bringing 16 years of UBS real estate experience.
Big borrower default could wipe out a year of SEA bank earnings: S&P
Brunei, the Philippines, and Thailand are the most exposed to loan concertation risk.
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