News
Westpac partners with Amp Labs to transform tech and digital experiences
Westpac partners with Amp Labs to transform tech and digital experiences
US-based Amp builds agents for software engineering.
ShopBack and Visa expand tie-up to 20,000 Singapore physical stores
ShopBack said that it has rewarded over S$1b in cashback globally.
OCBC offers platinum and palladium to retail investors
Platinum is priced at S$23 per 0.01 ounces and palladium at S$18 as of 7 August.
China names Deutsche Bank as RMB clearing bank for Europe
The bank is the first foreign bank in Europe to receive the designation, it said.
Ant International’s Muslim Pro deal spreads pilgrimage costs over 24 months
Families can pay for flights hotels meals and transport in instalments.
Philippine central bank raises business transfer ceiling tenfold under Instapay
Previously, registered businesses could only transfer up to $822.6 (P50,000).
Allianz Global Investors takes over UOB Asset Management
The deal expands its footprint into Thailand, Malaysia and Vietnam.
Standard Chartered secures in-principle GIFT City wealth approval
Eligible investors can access four diversified portfolios.
OCBC Q2 net profit climbs 22% to $2.2b on higher non-interest income
Total income rose 18% to $4.17b during the quarter.
UOB Group Q2 net profit rises 10% to $1.5b despite margin pressure
Net interest income eased 2% YoY in a lower interest rate environment.
Nearly 70% of Singapore finance leaders struggle to scale AI
Another 64% pointed to fragmented or inconsistent data across systems.
China CITIC Bank International names Wang chief executive
Shen Qiang will retain a board seat as a non-executive director.
Chinese banks risk sharper lending yield swings: S&P
Commercial lenders may need tighter internal models to contain interest rate exposure.
Eximbank names Trang as CEO
Pham Thi Huyen Trang took office on 1 August.
Western Union tests cross-border wallet scale
The Dash acquisition gives Western Union 1.4 million users as it links wallets, banks, and payment networks across borders.
Maybank Singapore joins MAS cross-border settlement initiative
The company's tokenisation efforts support its ROAR30 $3.2b digital investment.
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