News

PayMongo's digital payments surge 89% as in-store QR use triples

PayMongo recorded 10 million transactions in H1 2026, compared to 5.2 million a year ago.

DBS and Samsung Securities ink wealth MOU for mutual market access

DBS clients will be able to invest in Samsung Securities’ solutions.

SME Bank Malaysia names Samad Majid Zain as CEO

He previously worked as a group chief operating officer at an investment bank.

SMBC names 13 new managing directors across APAC

The promotions span a variety of roles both front-facing and in the middle and back office.

Hyundai Card's Apple Pay cards find their home with teens and twenties

Nearly 7 in 10 of new applicants for the card are in this demographic.

Krungsri partners Thailand Post to co-develop financial and insurance products

The Thai bank will use the postal carrier service to develop new offerings.

ZA Bank debuts AI predictor in football bracket campaign

It analyses teams' past results and historical data.

AI shifting how wealth management solutions are built and delivered at scale

DBS aims to reduce time spent on preparing investment insights from hours to minutes using agentic AI.

Asia insurers risk irrelevance as protection gaps widen

An expert said Singapore saves 36% of its income despite having high protection and critical illness gaps.

Banks urged to turn pricing into a strategic growth lever

A consultant says data-driven pricing can boost revenue and lower funding costs without sacrificing volume.

AI governance failures threaten banks’ returns

95% of GenAI spend has no outcome as organisations remain in the early stages of adoption.

Insurers chase AI gains as workers fear job losses

Ninety-two million jobs may be displaced by AI by 2030.

Trust Bank taps ecosystem to fuel digital banking growth

The digital lender credits partnerships, not just tech, for its scale to one million customers in under four years

Organised crime forces banks to rethink fraud prevention

Industry leaders say collaboration is key to combating organised financial crime.

AI avatars Wendy and Wayne debut in OCBC WoW app

New app debuts round-the-clock portfolio insights through virtual advisers.

Central bank zeros in on securities, cross-border payments for digital Philippine peso

Project Agila findings will steer wholesale CBDC strategy for financial institutions.