News
Digital wealth platform Syfe raises $80m in series C funding round
Digital wealth platform Syfe raises $80m in series C funding round
It now has over $10b in assets, it said.
Bank Muamalat unveils Islamic digital bank ATLAS
It offers Shariah-compliant financing, DuitNow onboarding, and personalised services.
Financial conglomerates top Taiwan’s richest in 2025
Fubon Financial Holding’s and Cathay Financial Holdings’ leads are in the top 3.
BDO names new head of comptrollership group
Gwyneth Entao previously served as finance head of the Philippine bank’s consumer banking group.
OCBC, Ant Int’t to deliver embedded financial services to Indonesian SMEs
They believe that it will benefit thousands of small businesses.
Lloyds, BNP Paribas launch new FX algorithmic execution service
Clients are expected to execute large FX trades more efficiently.
MUFG partners with Kodansha, CREDEUS team up to fund film productions
They will fund live-action film series adaptations of Kodansha-published works.
SP Payment Service buys 13.8% of Nomupay’s shares for $40m
They aim to process client businesses’ payments in Asia and globally.
ANZ names Stephen White as group executive operations
He joins ANZ in November 2025.
HSBC, Allianz Life launch wealth growth and life protection plan in Malaysia
The plan offers a minimum sum assured of MYR1m and payment flexibility.
ADVANCE.CBP, Korea Credit Bureau ink MOU for cross-border credit info exchange
Over 70,000 overseas Filipino workers in Korea will be able to use their credit information.
Chart of the Week: Malaysia’s card payments to grow 4% in 2025
Wider card acceptance and contactless cards will help drive this growth.
Hang Seng unveils MTR Jordan Station Retail Banking Centre
It is open from 11 AM to 7 PM on weekdays.
Standard Chartered names Yusuf Demiral as global head of WRB data, analytics, and AI
Demiral joins from HSBC.
Non-traditional providers reshape B2B payments landscape
By 2030, non-traditional providers could handle 75% of online consumer payments.
Mortgage loans approval increases 2.4% MoM in April
The number of mortgage applications decreased by 7.8% MoM.
Visa launches AI-powered commerce initiative
It is working with Ant Int’l, Grab, and Tencent to enable an AI-powered checkout experience.
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1. Singapore aced its FATF evaluation — now comes the hard part 2. Citi boosts North Asia & Japan corporate desk headcount by 25% 3. UOB Private Bank hires Dominique Boer as ASEAN regional market head 4. Japan banks turn to stablecoins to retain deposits 5. Singapore and Indonesia to launch Rupiah-SGD settlement frameworkResource Center
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Leading voices from the banking and insurance industries will meet at The Hyatt Regency to discuss wealth management, insurance investment, and the AI economy.
Commentary
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