News

MUFG now Sakana AI’s largest Japanese investor

Its projects include an AI capable of rewriting its own code for self-improvement.

GCash PocketPay enables NFC devices to become payment portals

Any android device with NFC can accept contactless Visa and Mastercard payments.

8 in 10 Southeast Asians to use fintech services in the next 12 months

About 60% of respondents have used two or more fintech services.

AMINA HK can now offer crypto spot trading, asset safeguarding

Its services include 24/7 crypto spot trading, and crypto deposits and withdrawals.

TenPay Global unveils new e-wallet partners, expanded checkout service

Merchants in Singapore can directly accept payments from Chinese travellers.

VPBank names Felix Brill as head of international locations

Brill will be responsible for the client business in Switzerland, Luxembourg, and Singapore.

Alipay+ GlassPay verifies user identity with iris authentication feature

The glasses-embedded payment can counter fraud attempts in photos, videos, or masks. 

Australia’s Ubank surpasses 1 million customers

It has named social media, particularly Tiktok, as an acquisition channel.

Indonesian banks, VinFast ink MOU to make EV ownership more accessible

They will develop attractive loan programs and develop faster credit approval processes.

Westpac to pilot new community banking service

The bank will invest over A$65m to modernize its regional network.

Business loans in Thailand set to expand in Q4: survey

Lenders are expected to be more cautious of small SME borrowers, however.

DBS, UnionPay unveil cashback and fee waivers for platinum debit cardholders

It aims to support growing economic exchanges between Singapore and China.

Ant International to use UBS’ blockchain platform for global treasury operations

The two companies will also explore joint innovations in tokenised deposits.

SMFG’s profit rose 28.72% to $6.04b in H1 FY2025

Its comprehensive income more than doubled during the period.

Mizuho Financial Group’s profit up 21.8% to $4.46b in H1 FY2025

Its comprehensive income rose 42.8% although ordinary income was 5.4% lower.

Mizuho Bank speeds up ISO compliance, eases payment with Boomi

With the online portal, firms can input payment instructions using both legacy and ISO 20022 formats.