News
SG banks face earnings pressure amidst margin and wealth income concerns
SG banks face earnings pressure amidst margin and wealth income concerns
Higher bond yields could also weigh on REIT financing costs.
SBI Holdings forms digital asset JV with Mesh and Money Forward
The JV aims for seamless asset transfers between crypto exchanges and digital wallets.
8 in 10 SG SMEs now use fintechs for financial needs
Half of SMEs use fintechs for loans, payments, and payroll, according to a YouGov poll.
India retail credit expands as unsecured sourcing jumps 26%
Personal loans’ AUM rose whilst credit card AUMs dipped in Q1 FY2027.
MUFG and Danamon propose Bank MUFG Danamon name for integration
MUFG intends to integrate its Indonesia branch into its subsidiary.
Standard Chartered rebrands GBS to Global Capability Centres
GBS operates hubs in China, India, Malaysia, and Poland.
Agentic AI threatens $75b of bank payments revenue by 2030
McKinsey says that $65b of deposit net interest income is at risk.
Authorised scams expose gaps in bank fraud controls
Banks must detect legitimate-looking scam payments whilst balancing customer friction, compliance costs, and security investment.
Citi names Morgan Stanley's Michael Zezas as head of research
Zezas was a managing director and the deputy global head of research for MS.
Standard Chartered to offer digital asset custody to SG institutional clients
It is expected to complement the bank’s financing & securities services in Singapore.
CIMB Islamic debuts Lite-i card with fixed 14% rate
For a minimum spend, they can avail a 0% installment plan for a six-month period.
MAS issues AI risk management guidelines for financial sector
MAS plans to consult on additional guidance on agentic AI in 2027.
Vietnam pledges to improve non-cash payment policies
The central bank plans to expand access to low-income groups and people in rural areas.
Krungthai Bank unveils PromptFund for 24/7 real-time mutual fund trading
Investors will be able to view real-time trading prices before transactions.
OCBC and Ant International launch tokenised deposit treasury solution
Ant International will use OCBC’s blockchain capabilities in its WhaleRTP platform.
Digital tokens eye tax-exempt status as Singapore reviews family office list
MAS will announce the updated list and its implementation date at a later stage.
National Australia Bank deploys encrypted IDs to fight identity fraud
Queensland customers can share mobile licence details without presenting physical documents.
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