News
Schroders Wealth names Peter Flavel as Asia chair
Schroders Wealth names Peter Flavel as Asia chair
Flavel was chief executive of Coutts and was CEO of J.P. Morgan Private Wealth in Asia.
Atome Philippines secures $81.1m loan from AUB to expand PayLater card
Customers use the card for groceries, food, household items, and bills, the company said.
South Korean SME lending slumps as bad loan write-offs slash June growth
Bank lending to large corporations rose slower in June, central bank data showed.
Mortgage demand lifts Korea’s household loans by $5.05b in June
Unsecured loans rose, whilst leasehold deposit loans declined.
ANZ customers spend $4.8b during FIFA World Cup on food and apparel
Spending rose for takeaway food, sporting apparel, bars, and hotels.
Hang Seng Bank launches Prestige Club
Members get privileges and discounts in Hainan Airlines, China Mobile, amongst others.
GoTyme surpasses 10 million users with retail ATM strategy
Customers can deposit and withdraw cash in 2,500 Robinsons retail stores in the Philippines.
Hang Seng Bank joins Alipay+ network
Customers can make QR payments at over 100 million merchants through one mobile app.
HSBC pilots digital structured product issuance in Hong Kong
Pilot transaction tests faster issuance, settlement, and servicing for institutional investors.
Nine in 10 investors do not trust AI for investment decisions
Banks can respond by moving toward a hybrid advisory model.
JCB and Resona target hands-free bus payments in Japan
They plan to roll out UWB payments requiring no tapping or scanning.
Philippine bank loans rise 12.1% in May despite softer card and auto loans
Loans for manufacturing and trade activities rose during the month.
Metrobank cuts InstaPay and PESONet fees to zero
The BSP earlier directed local banks to bring interbank transfer fees closer to zero.
Hyundai Card completes cross-border stablecoin transfer in 7 minutes
The proof of concept converted $20,000 to USDT and back.
National Australia Bank insurance app cuts bushfire risk to 1.5%
Customers can use the free rating tool to identify property upgrades before the fire season.
Philippine central bank welcomes banks' move to cut fund transfer fees
An earlier circular directed banks to bring interbank transfer fees to zero.
Alipay links AI agent to 30 million Tap! devices
Merchant can talk to “Xiaoyu” and receive an analysis of their operations.
Thought Leadership Centre
Most Read
1. Singapore opens door to foreign stablecoins under tighter rules 2. Maybank deploys AI to prevent banking disruptions 3. Standard Chartered says smarter AI use beats cutting-edge tech 4. HSBC Private Bank trains wealthy heirs to tackle succession risks 5. Paymentology partners with AUB on digital paymentsResource Center
Read Here
Advertise
Sign Up
Events
Partner Events
Event News
HSBC Indonesia won International Retail Bank of the Year - Indonesia for a third straight year, honouring its wealth expertise, digital growth, and innovation.
Commentary
The stablecoin conversation is missing the everyday user
Stablecoin payments are going mainstream. Hong Kong and APAC are showing how
Why digital assets are set to become mainstream in APAC
Bitcoin’s latest hacks expose where trust really sits in Asia