News
SCB rolls out 24/7 USD clearing in Thailand with Citi Token Services
SCB rolls out 24/7 USD clearing in Thailand with Citi Token Services
Settlement is near instant, according to SCB.
HSBC appoints Nick Elias to lead wealth AI push
Elias will helm HSBC’s Wealth Transformation Programme.
Philippine National Bank's property arm eyes PSE listing with no date set
PHC is undertaking the necessary documentation and preparatory steps for the listing.
Malaysia bank loans up 5.7% in May on record business loan growth
Utility loans grew 38.1%, whilst household loans sustained its 5.5% growth rate.
Philippine central bank explores wholesale CBDC
Using it for financial securities transactions could reduce settlement risks, the BSP said.
Maybank Indonesia unifies five entities under single conglomerate
The move unifies governance, oversight, and operating framework of the companies.
ANZ names ex-NAB and Westpac exec to its board
Rachel Slade was most recently group executive, business and private banking at NAB.
QR Ph captures 55% as card payments lose ground: PayMongo
Interoperability lets merchants accept payments from banks and e wallets through one code.
Digital banks bet on AI to unlock outsized ROI
However, AI is everywhere except in ROIs.
ANEXT Bank taps embedded lending to grow SME credit reach
Workflow data reshapes underwriting as banks move closer to small businesses.
Deutsche Bank invests $50m in Southeast Asia climate fund
The bank will provide oversight for the programme and oversee fund implementation.
Natixis CIB names Luc Bernard as CEO of its India tech hub
Bernar is tasked with strengthening Natixis Services’ integration with the rest of the bank.
APAC investment banking fees dip 3% in H1 on lower M&A and DCM fees
Only ECM underwriting fees bucked the trend during the period.
MAS proposes framework to govern AI agents
AI agents in finance now act faster than humans can directly intervene, MAS said.
Human oversight remains central as insurers adopt agentic AI: valantic
Agentic AI handles verification and analysis whilst people make final decisions.
Broad bank freezes cut scams but block rent payroll and medical payments too
ManageEngine and Okta say banks hardening identity controls with behavioural analytics is more effective than defaulting to freezes.
Travel trends reshape banks' payment strategies: Euromonitor
AI and experiences are changing how lenders compete for travel spending.
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