News
Hang Seng Bank joins Alipay+ network
Hang Seng Bank joins Alipay+ network
Customers can make QR payments at over 100 million merchants through one mobile app.
HSBC pilots digital structured product issuance in Hong Kong
Pilot transaction tests faster issuance, settlement, and servicing for institutional investors.
Nine in 10 investors do not trust AI for investment decisions
Banks can respond by moving toward a hybrid advisory model.
JCB and Resona target hands-free bus payments in Japan
They plan to roll out UWB payments requiring no tapping or scanning.
Philippine bank loans rise 12.1% in May despite softer card and auto loans
Loans for manufacturing and trade activities rose during the month.
Metrobank cuts InstaPay and PESONet fees to zero
The BSP earlier directed local banks to bring interbank transfer fees closer to zero.
Hyundai Card completes cross-border stablecoin transfer in 7 minutes
The proof of concept converted $20,000 to USDT and back.
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.
Philippine central bank welcomes banks' move to cut fund transfer fees
An earlier circular directed banks to bring interbank transfer fees to zero.
Alipay links AI agent to 30 million Tap! devices
Merchant can talk to “Xiaoyu” and receive an analysis of their operations.
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.
China CITIC Bank Int'l completes first Hong Kong gold clearing trades
It is amongst financial institutions who are first to participate in the system.
Industrialising AI pilots is insurers’ next enterprise test
Prudentials Mohit Tandon said usage is now the million-dollar question.
UOB and ANTA sign MOU for cardholder discounts
The emerging affluent and affluent segments can expect exclusive offers.
Ujjivan Small Finance Bank rolls out mutual fund distribution services
It is available multi-channel such as via internet banking and mobile banking.
MUFG and JCB to offer card products for ASEAN’s affluent market
Their cards will offer exclusive benefits in Japan, with deposit and investment services.
AhaPay and DirectD to offer BNPL to Malaysian tech shoppers
Malaysia has about 7.5 million active BNPL users, according to official data.
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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. Can Asia’s banks make stablecoins work across borders?Resource 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