News
Fintech investments slated for revival on more digital asset deals
Fintech investments slated for revival on more digital asset deals
Deal value for crypto, blockchain, and digital assets hit just shy of $1b in 2024.
Local, Belmoney partner to expand cross-border payments in Asia
Belomey will leverage local and alternative payment methods across 6 markets.
SCB X eye more profits from Gen 2 firms as Thai corporates cut bank loans
Its banking services loan portfolio contracted in 2024, whilst those from Gen 2 expanded.
Australia’s Westpac unveils the Social Tailored Deposit
The minimum deposit is A$1m and will be directed to socioeconomic initiatives.
CommBank accelerates AI adoption with expanded Anthropic partnership
The Australian bank will focus on personalisation and safety.
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.
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