News

KPay secures MPI licence in Singapore

KPay secures MPI licence in Singapore

KPay is authorised to provide domestic and cross-border money transfer services.
5 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.
5 days ago

EleBank opens Causeway Bay office

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

Citi and Air 7 Asia offer private jet charter to Citigold clients

Citigold Private Clients will have a dedicated aviation concierge.
6 days ago

BEA buys green certificates covering 30% of expected power use

The certificates represent 10,500 MWh of solar-generated electricity.
6 days ago

MUFG names Charles Peh head of financial institutions for East Asia

Peh previously worked at Standard Chartered, ANZ, and UOB.
6 days ago

Perasure rolls out digital lending app in the Philippines

It offers loans up to $795 and targets gig and informal workers.
6 days ago

IMF and World Bank launch Bangkok Blueprint to protect digital finance

The blueprint aims for cooperation across sectors and markets.
6 days ago

Philippine central bank adopts Basel III operational risk approach

Banks will undergo a monitoring period before the full implementation on Dec 2027.
6 days ago

Singapore banks' fixed-deposit promotions unlikely to spark price war

UOB, OCBC, and DBS are expected to report healthy Q3 results, said UOB Kay Hian.

DBS Q3 profit forecast to fall 3.2% to $2.86b on lower interest income

The bank's net interest income is expected to fall 2.4% YoY to $3.49b, said CGSI.

Hong Kong millionaires lag in dual-living retirement planning

Affluent clients are seeking broader advice across retirement, succession, health, and investments.

Bank Mandiri margins seen falling to 4.1% as funding costs bite

Margins could improve in Q4 but will depend on funding conditions, UOBKH said.

CBA commits $97.4m to upgrade branch network in FY2027

It aims to make specialist support more accessible and convenient.

Bank Sinopac upgrades offshore HK wealth management business

The bank adopted Avaloq's wealth management platform to streamline operations.

Bangkok Bank and Permata Bank create Thai-Indonesia business platform

Companies can connect with local partners to expand their businesses.