News
Korea allows formation of new nationwide bank for first time in 30 years
Korea allows formation of new nationwide bank for first time in 30 years
FSC plans to issue new banking licenses to bolster competition.
Weekly Global News Wrap: Rothschild & Co takes one step closer to going private; Ant Group may be fined $1b
And UBS makes changes in global wealth management business.
Business grads from HK pick J.P. Morgan and HSBC as most attractive employers
Students prefer companies with a “friendly working environment."
UnionDigital Bank bags $16m more in capital
It will be utilised to grow its digital loan offerings.
Chart of the Week: 8 in 10 Chinese consumers use mobile wallets
High cost of POS terminals and insufficient payment infrastructure push e-wallet use.
New Zealand picks Citi in banking services panel
Other new panel members are ANZ Bank and Westpac.
Finmo obtains in-principle approval for MPI license from MAS
This lets Finmo’s customers receive funds in Singaporean dollars.
1 in 3 Singaporeans switched banks, insurers in 2022: study
Only 21% of respondents, however, fully trust AI chatbots in financial services.
‘Human error’ reason for DBS digital banking glitch in May
The incident caused disturbances in mobile, electronic and ATM transactions.
How Mocasa is supercharging the Philippines' credit payments market
The credit payment service company is also developing a data-driven central credit bureau.
Visa offers tap-to-pay for Hong Kong tram commuters
Commuters can now tap-to-pay their tram fares in Hong Kong
UOB Vietnam celebrates 30th year, aims 30,000 jobs creation
The bank has partnered with Saigon Children's Charity to celebrate it's 30th year of stepping foot in Vietnam.
SEA gains 8.1 million new fintech users in Q1: study
Fintech penetration in the region was estimated at 83.3%.
13.36 million credit cards in circulation in Australia: study
Credit cards contributed about AU$18.6b in national debt due to accrued interest.
Mizuho Securities US aims for 100 hires by next year
The Japan-headquartered company said it aims to expand its workforce by 30% by 2026.
Endowus Private Wealth expands alternative offerings
The new offering covers a broad range of asset classes.
StanChart, Atome lender-of-record partnership book 100,000 transactions
Atome customers who successfully activate their new StanChart credit card will receive S$250 in Atome+ points.
Thought Leadership Centre
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1. Singapore banks complete tokenised deposit pilots 2. Barclays launches Singapore private bank booking centre 3. Singaporeans lead in digital wallet adoption but AI commerce trust lags 4. APAC has mastered domestic payments. The next challenge is connecting them. 5. DBS and Citi settle USD payments in minutes via tokenised depositsResource Center
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Event News
Inside Longbridge Securities (Singapore)’s win at the Asian Banking & Finance Fintech Awards 2026
Gavin Chia on how AI is making institutional-grade investing more accessible to everyday investors.
Commentary
APAC has mastered domestic payments. The next challenge is connecting them.
Why fragmented communications are becoming a hidden governance risk for Asia Pacific banks
From automation to agency: Asia’s wealth leaders can reinvent, not just streamline
Singapore aced its FATF evaluation — now comes the hard part
Are Asia’s digital banks prepared for the stablecoin era?
Why APAC is building home-currency stablecoins
Why Southeast Asian wealth managers must design the business before buying the technology
Why trust in Asian banking increasingly gets built off the record
Hong Kong cleared stablecoins for take-off. Getting them to work across Asia is the hard part