News
Mastercard contactless payments land on Hong Kong's Airport Express
Mastercard contactless payments land on Hong Kong's Airport Express
The company first rolled out contactless card payments in MTR in 2023.
Singapore's private banker crunch clouds $4.22t cross-border wealth boom
Billionaire wealth jumped 66.4%, lifting the market past Australia.
NAB and IBA launch guarantee for First Nations business loans
IBA will guarantee up to 50%.
Fraud checks shift as transactions move in real time
Globe Business monitors logins API requests traces and system health.
Tool dependence leaves institutions with cyber gaps
Cyber awareness must reach receptionists and CEOs as AI attacks target humans not just systems.
UOB builds new Ho Chi Minh HQ
CEO Wee Ee Cheong met with Vietnam President To Lam on 30 May.
US$1t unused credit card points risk losing redemption value
Tribuescape says airlines and hotels can expire balances or change redemption rules without warning.
DBS to open 18 new wealth centres by 2027
The bank will also upgrade 36 existing centres over the next 18 months.
Thai cash handout boosts Krungthai Card despite weaker card spending
Management is confident that customers will be able to make minimum payments.
UOB inks MOU with Vietnam's FPT to modernise banking with AI and cloud
They seek to modernise banking services in UOB’s key markets.
Maybank Q1 profit drops 4.2% to $625m as trading income falls
Net interest margin improved to 2.14%, and loans expanded in Malaysia and Singapore.
Australians spend $4.02m monthly on AI subscriptions: Westpac
Customers spend A$37 per month on average, based on credit card data.
Indonesian corporates raise the bar, banks urged to reinvent corporate banking and treasury services
Monitor Deloitte's Prashant Krishnan urged banks to transform their relationship models to meet these demands.
Tan Su Shan named Asia’s most powerful woman in business, ranks sixth globally on Fortune’s 2026 list
Alongside Tan is Temasek’s Png Chin Yee at 77th.
OCBC Hong Kong names new wholesale head and risk chief
Angus Tsang and Stanley Sze-To start their new roles in H2 2026.
Kasikornbank targets 24/7 USD settlement with Ant International
They will use Kinexys by J.P. Morgan’s blockchain deposit accounts.
CommBank's capital stays strong despite AT1 phaseout: S&P
APRA will begin classifying AT1 instruments as Tier 2 capital starting January 2027.
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