News
Authorised scams expose gaps in bank fraud controls
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.
India banks face margin squeeze despite 18.8% credit growth
Deposit growth accelerated to about 17% as foreign-currency inflows boosted system liquidity.
HSBC taps trade data to cut SME financing friction
The bank receives an average 1.5 million CDI information feeds each month.
Asia banks stay resilient as El Niño strains borrowers
Agriculture, water shortages, and infrastructure damage could disrupt business operations.
Baiduri Bank launches $2b Euro Medium Term Note programme
It broadens the bank’s reach to international institutional investors.
Bakai Bank sets up first Central Asian bank in APAC
This comes as the Kyrgyz lender secured a banking licence from Hong Kong.
Half of private bank accounts opened in under a month
Most PBIG members have cut opening times since end-2025.
MAS names Jacqueline Loh principal advisor to the MD office
Loo Siew Yee will succeed Loh as deputy managing director.
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