News

JCB contactless payment launches in Taipei Metro

JCB contactless payment launches in Taipei Metro

Contactless payments are now available across four of Taiwan’s major metro systems.

China's affluent household wealth hits $21.34t as succession wave looms

Beijing, Shanghai and Hong Kong rank as the top three cities with the richest households.

Mizuho and Bank of Baroda join forces on India M&A finance

The alliance also covers foreign exchange hedging and escrow support for transactions.

Middle East conflict threatens APAC banks with $180b losses

S&P says 92% of regional lenders still hold stable outlooks despite growing uncertainty.

AI oversight gains urgency as deepfake scams surge 2,000%

Ashwini Karandikar urged firms to map every point where AI influences risk-bearing decisions this year.

RHB warns UOB faces margin loan and asset quality risks

Commercial real estate remains a concern despite signs of improvement in some markets.

Mynt IPO could raise $1.5b for GCash parent

The final price will be set later through a book building process.

DBS brings first synthetic securitisation to market

The $1.29b transaction expands the bank's capital toolkit to support future lending growth.

Thailand SEC seeks tougher AML controls with travel rule for digital assets

The draft requires firms to share customer information with digital asset transfers.

Philippine-based BPI to waive interbank transfer fees from 1 July

Transfers to banks and e-wallets will no longer cost $0.16 to $0.82.

Mizuho net income climbs to $8.2b in fiscal 2025

Basic income per common share increased to $2.89 from $1.45.

Crédit Agricole CIB launches AI to replace manual ESG reviews

The platform was first tested in Hong Kong before a wider APAC expansion.

Margin squeeze to hit Thai bank earnings

Loan growth holds up, but CGSI expects weaker profitability across eight lenders in Q2.

Philippine central bank revises payments framework to protect consumers

Banks and e-wallets must justify charges under the updated rules.

Philippine banks’ loan repayments slash foreign capital inflows

Financial account net inflows fell to $2.4b from $7.4b in the prior year.

PNB, JCB card debuts as Japan travel demand grows

Cardholders can access selected overseas airport lounges and multilingual travel assistance.