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How commercial cards can redefine B2B payments
How commercial cards can redefine B2B payments
Over 8 in 10 bank execs believe that virtual cards improve organizational processes.
Malaysian central bank warns against three unauthorized financial entities
One of them is a potential clone entity.
Bank of East Asia, UDPN test stablecoin transfers via digital currency wallets
BEA was able to gain insights on CBDCs and the mechanism of stablecoins.
Singapore Gulf Bank names ex-Goldman Sachs banker as CFO
Separately, SGB’s new COO joins from GIC and Sygnum.
IDFC First Bank, ICICI banking platforms rated best in India: Forrester
IDFC is the top-rated platform overall whilst ICICI was best in overall experience.
SCB sells food delivery platform Robinhood for over $61.3m
The buyers, led by Yip In Tsoi Group, will make an initial payment of $12.27m.
Mizuho purchases non-voting minority stake in Golub Capital
Mizuho’s stake represents less than 5% in Golub Capital’s management companies.
Lending by PH banks’ foreign currency deposit units declined 2.7% in Q2
Top sectors who took out loans are merchandise and service exporters, and power companies.
Vietnam’s VP Bank, Lotte team up to offer buy now pay later services
They will also issue co-branded cards in Vietnam.
ANZ joins Singapore’s Project Guardian
The bank will explore blockchain interoperability to exchange tokenised real-world assets.
Cyber scams prompt behaviour change in 61% of users
Chubb says insurance can play a key role in digital payments.
Maybank Singapore names Datuk Yee Yang Chien as board chairman
He was with MISC Berhad for 20 years and has served as its president/ CEO.
Hong Kong deposits see modest growth in August, up 1.1% YoY
Year-to-date, total deposits have grown by 5.0%.
APRA revokes two banking licences
At the time of revocation, the bank had not launched any products.
ZA narrows net loss, sees 46% net revenue rise in H1
Total assets and net interest margin grew during the first half of 2024.
Philippine banks anticipate loan growth, steady NPL outlook
Most foreign and large banks anticipate their NPL ratios to be below 5%.
HSBC enhances Premier offering with health protection, future planner tool
The tool will provide recommendations and access to a relationship manager.
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