News
Atome Philippines secures $81.1m loan from AUB to expand PayLater card
Atome Philippines secures $81.1m loan from AUB to expand PayLater card
Customers use the card for groceries, food, household items, and bills, the company said.
17 hours ago
South Korean SME lending slumps as bad loan write-offs slash June growth
Bank lending to large corporations rose slower in June, central bank data showed.
17 hours ago
Mortgage demand lifts Korea’s household loans by $5.05b in June
Unsecured loans rose, whilst leasehold deposit loans declined.
18 hours ago
ANZ customers spend $4.8b during FIFA World Cup on food and apparel
Spending rose for takeaway food, sporting apparel, bars, and hotels.
18 hours ago
Hang Seng Bank launches Prestige Club
Members get privileges and discounts in Hainan Airlines, China Mobile, amongst others.
3 days ago
GoTyme surpasses 10 million users with retail ATM strategy
Customers can deposit and withdraw cash in 2,500 Robinsons retail stores in the Philippines.
3 days ago
Hang Seng Bank joins Alipay+ network
Customers can make QR payments at over 100 million merchants through one mobile app.
3 days ago
HSBC pilots digital structured product issuance in Hong Kong
Pilot transaction tests faster issuance, settlement, and servicing for institutional investors.
3 days ago
Nine in 10 investors do not trust AI for investment decisions
Banks can respond by moving toward a hybrid advisory model.
4 days ago
JCB and Resona target hands-free bus payments in Japan
They plan to roll out UWB payments requiring no tapping or scanning.
4 days ago
Philippine bank loans rise 12.1% in May despite softer card and auto loans
Loans for manufacturing and trade activities rose during the month.
4 days ago
Metrobank cuts InstaPay and PESONet fees to zero
The BSP earlier directed local banks to bring interbank transfer fees closer to zero.
4 days ago
Hyundai Card completes cross-border stablecoin transfer in 7 minutes
The proof of concept converted $20,000 to USDT and back.
4 days ago
National Australia Bank insurance app cuts bushfire risk to 1.5%
Customers can use the free rating tool to identify property upgrades before the fire season.
4 days ago
Philippine central bank welcomes banks' move to cut fund transfer fees
An earlier circular directed banks to bring interbank transfer fees to zero.
5 days ago
Alipay links AI agent to 30 million Tap! devices
Merchant can talk to “Xiaoyu” and receive an analysis of their operations.
5 days ago
China bank assets grow 8% in Q1 despite rise in bad loans
Assets of large commercial banks grew faster than that of join-stock commercial banks.
5 days ago
Commentary
How alternative data lending is reaching Southeast Asia's unscored MSMEs
Asia is leading payments modernisation and banks can't afford to fall behind
Investing in an inefficient market
Platinum cards, paper-thin compliance?
Energy price volatility highlights structural gaps for managing FX risk in APAC