News
Standard Chartered named banking partner for StraitsX stablecoins
Standard Chartered named banking partner for StraitsX stablecoins
The partnership aims to enhance the reserve management of StraitsX’s stablecoins.
Southeast Asian countries' credit growth diverges
Thailand has been hit with weak economic growth, whilst
ABS warns of rise in card phishing scams
Banks will roll out additional verification, the ABS said.
Westpac cuts home loan, deposit interest rate by 0.25%
Westpac Life and Westpac eSaver rates are affected.
DBS names new group heads of corporate & SME arm, operations
Chen Ze Ling and Welson Jamin will take over the roles, respectively.
Hang Seng enhances dementia-friendly services in branches
Each of its branches now has a trained dementia-friendly ambassador.
StanChart HK enters JV to develop HKD-backed stablecoin
It is working with telecom company HKT and game software company Animoca Brands.
Experts examine AI's impact on Thailand’s financial services sector
Embrace AI or be left behind, an expert said at the Asian Banking & Finance and Insurance Asia Summit today.
Westpac lets home loan clients set-up offset accounts with no extra fees
Home loan customers can create up to 10 offset accounts.
Fintech Aspire, Visa launch corporate card for Hong Kong’s SMBs
Globally, 4 in 5 small and medium businesses are looking to sell overseas.
Loan matching platform Lendela names new CFO, CTO
Lendela is planning to scale business across Hong Kong and APAC.
Straits Millennium obtains IPA for SG major payment institution licence
The company will offer digital payment token services in Singapore.
Airwallex hits $130b in transactions, up 30% since August
The company saw a 78% YoY surge in profit since Q1 2024.
BEA introduces new loans for SMEs' growth and green goals
The loans range from HK$1m to HK$2m.
High banking fees hinder Thailand’s financial inclusion
Virtual banks could disrupt costly banking norms.
Citi eyes 10% increase in social finance funding in Asia
Over $2b in social finance transactions were raised in Asia in 2024.
Mastercard rolls-out network-level AI-powered solution against financial crime
Together with BancNet, it has already onboarded 36 Philippine banks.
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