News
Mizuho net income climbs to $8.2b in fiscal 2025
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.
Singapore’s Ant International takes embedded finance arm Bettr to Brazil
The QI Tech deal expands SME lending and BNPL in Brazil.
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.
Maybank arms relationship managers with new AI advisory tools
Advisor Assist gives insights, portfolio risk analytics, and next action recommendations.
Airwallex raises $320m in Series H funding round
Airwallex plans to expand into new markets and scale its AI teams.
MAS launches new institute for AI and tokenisation adoption
The Future of Finance Institute will update toolkits.
MAS and ABS unveil four-point plan to upgrade PayNow
They will improve QR interoperability and expand payment capabilities of PayNow.
SG banks pledge cash access near every HDB block by 2027
The move comes as the country turns super-aged, with one in five now over 65.
SEA travel rebound splits bank payments between cards, wallets, and experiences
Euromonitor finds 57% of travel professionals prioritise customer journeys as wallet gaps persist across key SEA markets.
Westpac poaches Macquarie CIO to lead digital transformation
Richard Heeley will join Westpac later in 2026.
NAB launches 24/7 security hub to tackle cyber and fraud threats
It will enable the bank to share information and identify threats in real-time, NAB said.
UOB sets up board tech committee
The panel will guide digital strategy and oversee technology risk and operational resiliency.
Neobanks serve 1 billion customers but lending gap keeps profit out of reach
Finastra and Moody's say moving from transaction revenue to lending and relationship pricing is what closes the profitability gap.
Commentary
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