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Ride hailing firm Grab inks prepaid card partnership with Mastercard
Ride hailing firm Grab inks prepaid card partnership with Mastercard
Customers can transact and top up their prepaid cards through any drivers and merchants.
Citi Hong Kong expands API tech in Octopus tie-up
Users of the Octopus app can easily apply for Citi Octopus Platinum Card.
HSBC Hong Kong launches fund transfer service with Lu International partnership
It cuts transfer time from 1-3 days to within the same day.
TMB Bank profit skyrockets 179% to $170.27m in Q3
A huge one-off gain powered earnings through the roof.
Bank Negara Indonesia profit inches up 1% to $250m in Q3
Low interest expenses, which dropped 11%, boosted earnings.
UOB fully digitises consumer banking business
Opening an account can be done in less than 15 minutes.
UOB to support Shandong-based firms' Southeast Asian expansion with $432.47m funding
It inked a memorandum of understanding with Chinese conglomerate Shanghai Qilu.
UOB kicks off Engagement Lab in Southeast Asia
It will use behavioural insights to improve saving and spending habits.
Taiwan Cooperative Bank rolls out QR code payment in Visa tie-up
It claims to be the country’s first standardised and EMV compliant QR code payment.
ANZ'S full year profit takes heavy hit amidst inquiry fallout
The bank expects a $501m earnings blow.
Korea's Kookmin Bank ties up with the Philippines' RCBC
The partnership aims to provide financial services to corporate customers in both countries.
Weak take-up for Singapore's Tuaspring bid may hit Maybank hard
The bank may make additional top-up in provisions as required.
Regulator orders Japan's scandal-hit Suruga Bank to halt new property loans
The bank is embroiled in a scandal over improper lending practices.
Citi ties up with Korean securities agency to offer global securities lending
The partnership will start with Shinhan Investment Corp.
CTBC Bank unveils multi-language ATM services
Machines now offer services in Chinese, English, Japanese, Korean, Thai and Vietnamese.
Mizuho shuns finance hires as it zeroes in on Google hopefuls
The bank’s recruiting policy mimics big US banks.
OCBC enables instant SME account opening
It has tapped on data repository MyInfo.
Commentary
APAC has mastered domestic payments. The next challenge is connecting them.
Why fragmented communications are becoming a hidden governance risk for Asia Pacific banks
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