News
PNB cuts batch processing by 75% after two-year core banking over
PNB cuts batch processing by 75% after two-year core banking over
This frees IT teams from late-night monitoring and troubleshooting.
Singapore to slash private bank account opening to under a month
A new circular aims to cut onboarding bottlenecks.
MAS backs Singapore's finance edge as global risks deepen
MAS’ new circular aims to reduce private bank account opening to just one month.
Japan Post Bank net income surges 26.8% to $3.31b on interest and fee gains
Net interest income and net fees and commission rose in FY2026/3.
APAC finance firms pummeled by 52% of global cyberattacks in 2025
Banks accounted for 44% of all attacks and got 92% of lower-level attacks.
Krungsri targets $10.78b in sustainable finance as ESG anchors 2026 strategy
Krungsri seeks to expand client opportunities through collaboration with MUFG.
BSP approves releasable capital buffer to keep lending in downturns
The PN-CCyB designates 1.5% of banks’ CET1 as a releasable buffer.
Citi streamlines ETF orders for APAC clients as regional assets hit $1.81t
Direct integration heightens efficiency as clients no longer need to reconcile on multiple and separate platforms.
HSBC Private Bank names Edward Chiu as onshore Taiwan market head
Chiu has led the Premier Elite business of HSBC Taiwan since 2024.
BNPL market to hit $1.6t by 2034 on e-commerce and smartphone surge
The interest-free BNPL segment is expected to hit a CAGR of 23% through 2034.
Hyundai Card debuts Apple Pay debit card
It enables users to pay by tapping their iPhone or Apple Watch.
SMBC and Toshiba build quantum-driven Japan and US equity indices
Stocks will be chosen and weighted using Toshiba’s quantum computer.
Westpac lends A$1b to 2,100 women entrepreneurs over 3 years
Women-led businesses are starting and scaling up across Australia, said Westpac’s Paul Fowler.
CommBank names UNSW’s Mary-Anne Williams as chief AI strategist
Wiliams will lead CommBank’s team of AI scientists.
NAB refreshes app and internet banking
Around 98% of banking interactions in NAB are digital.
Grab takes control of Indonesia’s Superbank via GXS transfer
The transfer will increase the group’s stake in the bank to over 50%.
Mizuho Bank to become major shareholder of Rakuten Bank
Rakuten Bank may acquire corporate loans originated by Mizuho Bank, amongst others.
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