News
Public Bank unveils PB SecureSign in major security overhaul
Public Bank unveils PB SecureSign in major security overhaul
This is in line with the bank’s commitment to boost cyber protection.
Artificial intelligence at the epicenter of Singapore FinTech Festival 2023
The event is scheduled for 15 to 17 November.
MAS slams 6 ex-Great Eastern financial advisers with prohibition orders
This follows after the six individuals were convicted of tax evasion.
APAC real-time payments to grow 14% through 2027
Over 49 billion RTP transactions were made in APAC throughout 2022.
MAS grants Wallex new services in addition to MPI license
The new services come on top of its Major Payment Institution (MPI) license.
CIMB Group's net income up 15.3% in Q1
Its net income showed a 15.3% climb year-on-year.
Hong Kong mortgage loans down 21.2% in April
The number of mortgage applications also dropped by 27.6% to 8,368 applications.
HSBC unveils new measures to support Hong Kong, mainland startups
A specified lending fund was increased to $3b.
Hang Seng, Mastercard to launch the MMPOWER touch card
Cardholders can earn up to 5% +FUN Dollars whilst spending online and offline.
Livi Bank revolutionises banking for SME with fast-track account and loan approvals
Hong Kong-based digital bank leverages AI, eKYC, and machine learning to streamline banking processes for SMEs.
Winnie Chen named BNY Mellon's Singapore chief executive
This is in addition to her role as APAC Head of Treasury Services.
StanChart, SFA unveil paper exploring DLT-use in supply chain payments
The publication explores stakeholder collaboration for improved payment transparency in supply chains.
Bad loans of South Korean banks rose in April
Business loans classified as SBLs fell slightly.
Alipay+ available to Asian tourists for Barcelona, Madrid Clarins purchases
About 60% of Clarins Spain shoppers are from Asian nationalities pre-pandemic.
Axis Bank names Nurani Subramanian Vishwanathan as independent director
Vishwanathan has had diverse experiences as a central banker since 1981.
ING closes $404.8m infrastructure securities for the Hong Kong Mortgage Corp
ING also acted as the sole finance adviser for the issuance's sustainable tranche.
Worldpay terminates OxPay deal over alleged clause breach
The termination could affect the company's financial standing end-2023.
Commentary
Asia plays part in $129t global credit market pool
How alternative data lending is reaching Southeast Asia's unscored MSMEs
Asia is leading payments modernisation and banks can't afford to fall behind