News

SME Bank partners with MARC to support Malaysian SME growth

They will combine their expertise in data and business coaching.

Indian bankers optimistic for loan demand: survey

Except for mining and quarrying, demand is expected to hold up through September.

South Korea mulls easing “network separation” rules on financial companies

It has formed a sandbox program to allow FIs to explore the use of gen AI.

Japan’s SMFG reports higher Tier 1 capital and ratio for 2024

But its total capital ratio was slightly lower than a year ago.

PH central bank pushes for digital wage payments

PH central bank pushes for digital wage payments

HDFC Bank launches India’s first mobile app-based digital credit card

PIXEL is a fully digital credit card designed for the mobile-first generation.

FinTech companies drive crucial cross-border transactions

The demand for faster payments, cheaper costs, and payment flexibility are three big trends for cross-border transactions.

DBS launches multi-currency commercial debit card

Businesses can lock in rates 1 year in advance.

Military Commercial JS Bank to sustain profits despite rising bad loans

Its NPL ratio deteriorated to 1.6% in June 2024 vs 1.4% a year earlier.

Chinese banks must move from size reliance to sustain profits

Most struggle to diversify their income sources as they seek short-term growth.  

Airwallex now processing $100b annually

This was anchored by its Americas expansion and APAC revenue growth.

Japan’s card payments market value to grow 10.8% in 2024

Credit and charge cards made up 96.5% of all card payment transactions.

UOB seeks to be ASEAN's top cross-border trade bank by 2026.

It aims to be the number 1 cross-border trade bank in ASEAN.

Mizuho Bank’s Tier 1 Capital Ratio at 14.26% in June

This is 0.66 percentage points (ppt) higher than in March 2024.

Hong Kong central bank launches gen AI sandbox

Banks are encouraged to make full use of the sandbox.