News
CommBank rolls out discounts to small business with Yello for Business
CommBank rolls out discounts to small business with Yello for Business
Customers receive discounts on various brands and exclusive pricing on Samsung products.
Malaysia’s central bank appoints new deputy governor for supervision and regulation
BNM also announced a new technical adviser and an assistant governor.
SMBC Aviation Capital receives $445m settlement for terminated Russian contracts
SMBC expects to record equity gains of affiliated companies amounting to $250m.
NAB names Andrew Auerback as group exec for B&PM
Group chief risk officer Shaun Dooley will work as acting group CFO.
ANZ clinches Aussie gov’t support for Pacific operations
ANZ will invest $50m in its Pacific systems and enhance its digital bank offering.
Airwallex merchants can now accept Discover, Diners Club cards
Merchants in Australia, Europe, Hong Kong, Singapore, and the UK can accept these cards.
Citi names new co-heads for capital markets and advisory in ANZ
The appointments coincide with the retirement of Tony Osmond.
Standard Chartered unveils savings account for clients 55+ and above
It offers a 3% interest rate, and up to $50,000 protection from digital theft.
NETS names ex-DBS Tech COO as CEO of Banking Computer Services
Alex Woo will lead the Banking Computer Services Private Limited, a NETS’ subsidiary.
Bangkok Bank, Shell unveil prepaid card for Thai SMEs
They can use the preloaded card to pay for fuel at over 720 Shell service stations
Krungsri Bank launches online bill payment solution for Thai SMEs
SME merchants can accept payments via QR code.
MUFG acquires 9.98 million shares in JACCS
MUFG sees JACCS as a core company in its consumer finance strategy.
SMBC, Nomura to issue digital bond with new settlement scheme
They are also working on a proof of concept for settlement of securities using digital currency.
Alipay+ make up 80% of crossborder QR payments in DuitNow
Revenue from such payments are 6 times higher in 2024 than 2023.
AI needs better explainability to build decision-makers’ trust
Transparency and collaboration are key to meaningful AI adoption.
Taiwanese SME loans rise in January on more bank loans
Average NPL ratio is 0.03 ppt higher than a month earlier.
Taiwan’s credit card undue balance decline in January 2025
A total of 39.07 million cards were active during the month.
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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. India card payments post five years of growth: GlobalDataResource 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