News

Margin squeeze to hit Thai bank earnings

Loan growth holds up, but CGSI expects weaker profitability across eight lenders in Q2.

Philippine central bank revises payments framework to protect consumers

Banks and e-wallets must justify charges under the updated rules.

Philippine banks’ loan repayments slash foreign capital inflows

Financial account net inflows fell to $2.4b from $7.4b in the prior year.

PNB, JCB card debuts as Japan travel demand grows

Cardholders can access selected overseas airport lounges and multilingual travel assistance.

Maybank arms relationship managers with new AI advisory tools

Advisor Assist gives insights, portfolio risk analytics, and next action recommendations.

Airwallex raises $320m in Series H funding round

Airwallex plans to expand into new markets and scale its AI teams.

MAS launches new institute for AI and tokenisation adoption

The Future of Finance Institute will update toolkits.

MAS and ABS unveil four-point plan to upgrade PayNow

They will improve QR interoperability and expand payment capabilities of PayNow.

SG banks pledge cash access near every HDB block by 2027

The move comes as the country turns super-aged, with one in five now over 65. 

SEA travel rebound splits bank payments between cards, wallets, and experiences

Euromonitor finds 57% of travel professionals prioritise customer journeys as wallet gaps persist across key SEA markets.

Westpac poaches Macquarie CIO to lead digital transformation

Richard Heeley will join Westpac later in 2026.

NAB launches 24/7 security hub to tackle cyber and fraud threats

It will enable the bank to share information and identify threats in real-time, NAB said.

UOB sets up board tech committee

The panel will guide digital strategy and oversee technology risk and operational resiliency.

Neobanks serve 1 billion customers but lending gap keeps profit out of reach

Finastra and Moody's say moving from transaction revenue to lending and relationship pricing is what closes the profitability gap.

DBS lends $273m to ETAFCo amidst push to cut Asia's coal reliance

The loan will fund grid upgrades, battery storage, and renewable assets.