News

CommBank tests AI banking assistant in app pilot

CommBank Companion will use live data to deliver financial info to customers.

Philippines to tighten oversight of pawnshops and NBFIs

The council is also working to improve its monitoring of risks and interlinkages in the system.

Philippine banks resilient but energy and debt risks loom: regulators

Sectors sensitive to energy and interest rates were flagged by the stability council.

PNB cuts batch processing by 75% after two-year core banking over

This frees IT teams from late-night monitoring and troubleshooting.

Singapore to slash private bank account opening to under a month

A new circular aims to cut onboarding bottlenecks.

MAS backs Singapore's finance edge as global risks deepen

MAS’ new circular aims to reduce private bank account opening to just one month.

Japan Post Bank net income surges 26.8% to $3.31b on interest and fee gains

Net interest income and net fees and commission rose in FY2026/3.

APAC finance firms pummeled by 52% of global cyberattacks in 2025

Banks accounted for 44% of all attacks and got 92% of lower-level attacks.

Krungsri targets $10.78b in sustainable finance as ESG anchors 2026 strategy

Krungsri seeks to expand client opportunities through collaboration with MUFG.

BSP approves releasable capital buffer to keep lending in downturns

The PN-CCyB designates 1.5% of banks’ CET1 as a releasable buffer.

Citi streamlines ETF orders for APAC clients as regional assets hit $1.81t

Direct integration heightens efficiency as clients no longer need to reconcile on multiple and separate platforms.

HSBC Private Bank names Edward Chiu as onshore Taiwan market head

Chiu has led the Premier Elite business of HSBC Taiwan since 2024.

BNPL market to hit $1.6t by 2034 on e-commerce and smartphone surge

The interest-free BNPL segment is expected to hit a CAGR of 23% through 2034.

Hyundai Card debuts Apple Pay debit card

It enables users to pay by tapping their iPhone or Apple Watch.

SMBC and Toshiba build quantum-driven Japan and US equity indices

Stocks will be chosen and weighted using Toshiba’s quantum computer.

Westpac lends A$1b to 2,100 women entrepreneurs over 3 years

Women-led businesses are starting and scaling up across Australia, said Westpac’s Paul Fowler.