News

Hong Kong banks expand AI across lending and fraud controls

Hong Kong banks expand AI across lending and fraud controls

Virtual banks are using richer data and modern technology stacks to compete in lending and risk management.
11 hours ago

GCash operator Mynt raises record $966m in Philippine IPO

Shares opened 0.5% above their offer price as the company made its market debut on 20 October.
16 hours ago

Asian banks gain brand value amidst fintech competition

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

Vietnam's new rules could widen banks' lending capacity

MBS expects lenders with diversified funding sources to benefit more from the revised 95% LDR ceiling.
17 hours ago

Maybank deploys AI to prevent banking disruptions

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

Citi's ASEAN investment banking revenue jumps 35%

The bank handled nearly $20b in regional acquisitions.
17 hours ago

Paymentology partners with AUB on digital payments

The deal will support HelloMoney AUB’s flagship e-wallet and its QR Ph capabilities.
1 day ago

HSBC Private Bank trains wealthy heirs to tackle succession risks

A six-week digital course with MIT Sloan targets clients aged 23 to 30 entering family business leadership.
1 day ago

Indian Bank lifts quarterly profit 15% to $364.3m

Net interest income climbed 18% year-on-year as lending growth supported the bank's performance.
1 day ago

Visa expands stablecoin reach as StraitsX card GTV tops $6b

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

Bahrain bank eyes digital settlement as Partior expands

The assessment will consider whether the bank can become a designated clearing institution on the multi-currency network.
1 day ago

Yes Bank capital adequate after AT1 ruling but earnings hit looms

The reinstatement is an earnings negative to the Indian bank, S&P said.
4 days ago

BPI tops Philippine bank AI visibility

BDO was listed first in 75% of the responses.
4 days ago

KPay secures MPI licence in Singapore

KPay is authorised to provide domestic and cross-border money transfer services.
4 days ago

PingAnDB hits 96% deepfake detection accuracy in HK GenAI Sandbox test

The use case integrated AI facial recognition in the identity verification process.
4 days ago

EleBank opens Causeway Bay office

The office offers wealth management solutions but not deposit or withdrawal services.
4 days ago