News
ICBC Asia net profit rise 9.58% to $547.2m in H1
ICBC Asia net profit rise 9.58% to $547.2m in H1
Non-interest income rose by 67.01%, although fee and commissions declined.
WealthTech Endowus breaks US$7b mark in assets under advice
Its Private Wealth client offering has surpassed US$2b in assets managed.
DBS, UnionPay launch multi-currency debit card
Cardholders can make direct payments in 14 currencies.
Bangkok Bank reports $358.91m net profit for Q3
Earnings per share is THB6.54 for the period that ended on 30 September 2024.
Mizuho Bank, Rakuten launch co-branded card
Customers can earn up to 3% Rakuten Points when shopping.
Maybank rolls out green financial advisory service to SEA SMEs
Small and medium enterprises will receive funding to aid in their sustainability reporting.
Mizuho, Rakuten form alliance; will launch new cards, installment payments
The six companies aim to create new retail business models for the payments industry.
Philippine National Bank's net profit rises to $257.1m in 9M 2024
Earnings per share stood at $0.17.
GienTech targets AI-driven banking solutions amidst rising demand
GienTech responds to surging demand for secure, AI-based tech in finance.
Alternative payments outpace traditional banking among Filipinos
Demand rises for alternative payments, digital wallets, and non-traditional lenders.
Omnichannel integration boosts Hong Kong digital payments
Cross-border wallet collaborations are driving digital payments in Hong Kong.
Bpifrance embraces selective approach to Gen AI adoption
Banks advised to be cautious in approaching generative AI investments.
APAC retailers demand seamless, secure payment solutions
As APAC e-commerce grows, retailers seek frictionless and secure payment systems.
Digital assets create new “rails” for money movement
It complements existing banking infrastructure.
GCash expands reach with Mitsubishi and MUFG partnerships
Mitsubishi and MUFG boost GCash’s services and regional presence.
Mastercard advances digital payments with tokenization and passkeys
Tech-driven innovations secures digital transactions and reduces cash dependency in Asia.
Thought Leadership Centre
Most Read
1. Citi boosts North Asia & Japan corporate desk headcount by 25% 2. UOB Private Bank hires Dominique Boer as ASEAN regional market head 3. Barclays launches Singapore private bank booking centre 4. Citi to launch Hong Kong's first virtual card with dynamic CVC 5. India card payments post five years of growth: GlobalDataResource Center
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Leading voices from the banking and insurance industries will meet at The Hyatt Regency to discuss wealth management, insurance investment, and the AI economy.
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