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Malaysia finance firms see AI ambitions falter as legacy systems block progress
Malaysia finance firms see AI ambitions falter as legacy systems block progress
Finance executives say technology should support decisions, not fully replace human roles
Alipay+ teams with LankaPay to push LankaQR payments
LankaQR is Sri Lanka’s national QR payment network.
Endowus partners CIP to offer renewable energy investments
CIP helps build utility scale batteries and wind farms across the APAC region.
DBS appoints sustainability leader to drive Asia’s low-carbon push
Kelvin Wong will serve as Chief Sustainability Officer, starting 11 May.
Malaysian digital banks scale via savings habits and customer segmentation
Some customers aim to save 60 ringgit a week, according to GXBank data.
Taiwan banks’ loans and NPLs up in February
The NPL ratio was the same as in January, but 0.01 ppt lower than in February 2025.
Weekly Global News Wrap: Julius Baer seeks new CFO; UniCredit mulls liquidating Russia unit
And an RBI official criticized FX market makers for aggravating the rupee’s weakness, according to a report.
Standard Chartered JV to issue HKDAP stablecoin starting Q2 2026
Anchorpoint will adopt a B2B2C model.
HSBC to roll out HKD-denominated stablecoins in H2 2026
The HKMA granted HSBC a stablecoin issuer licence.
DBP with ‘stable’ outlook on expected healthy PH economic growth: S&P
It is “almost certain” to receive support from the government if needed.
Union Bank of the Philippines revises credit card rewards scheme
Select credit cards earn 1 point for every PHP150 spent, from 1 per PHP60 previously.
Australia’s CommBank enables e-Passports for bank account opening
Around 700,000 new customers join the bank yearly.
SMFG completes acquisition of US-based Air Lease Corporation
Sumitomo Corporation now holds 47.51% of voting rights.
Bank of Singapore names Vi Sun Yang as head of ASEAN private banking
She will lead the bank’s largest market and join the global management committee.
LionGlobal Singapore Trust Fund hits $1.25b AUM benchmark
OCBC contributed $600m in net inflows in March.
OCBC scales regional SME support with S$25b sustainable finance goal
The company aims to support 12,000 SMEs across Singapore, Malaysia, Hong Kong and Indonesia.
CIMB commits to private wealth push across Malaysia and ASEAN
It aims to use wealth revenue to sustain a NOII contribution of 33% to 34%.
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1. Singapore aced its FATF evaluation — now comes the hard part 2. Citi boosts North Asia & Japan corporate desk headcount by 25% 3. UOB Private Bank hires Dominique Boer as ASEAN regional market head 4. Japan banks turn to stablecoins to retain deposits 5. Can Asia’s banks make stablecoins work across borders?Resource Center
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Leading voices from the banking and insurance industries will meet at The Hyatt Regency to discuss wealth management, insurance investment, and the AI economy.
Commentary
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
The financing challenge behind Asia’s wealth transfer