News
Airwallex secures majority ownership of PT Skye Sab Indonesia
Airwallex secures majority ownership of PT Skye Sab Indonesia
Indonesian merchants wanting to expand overseas can now do so via Airwallex.
KPay, Global Payments launch ‘Tap to Pay on iPhone’ service
Merchants can accept contactless payments using an iPhone XS or a later model.
Wealth managers expand lifestyle offerings to capture UHNWs
UHNW-focused practices are more likely to offer concierge and lifestyle services.
Indonesian banks’ weak loans improve with ample coverage for risks
Pockets of vulnerabilities remain in certain sectors, like the textile industry.
BNP Paribas sells AG Insurance stake to Ageas for $2.2b
BNP Paribas said the deal is expected to close in the second quarter of 2026.
Endowus rolls out two investment portfolios in HK, SG
Income Enhanced Conservative and Income Enhanced Aggressiveness are now available.
Alipay+ sees tourist spending rise on foreign e-wallet use
Beauty clinic transactions and transportation transactions rose during the year.
CBA pays $525,000 in penalties for data sharing contraventions
Some customers may have been unable to share certain data to accredited recipients.
StanChart enables Ascentium clients to easily open accounts in Hong Kong
Ascentium clients can also access StanChart’s referral network in Asian markets.
PAObank enables real-time FX transactions using Citi’s API
Accounts of end customers will be debited and credited in real time.
NAB offers loan relief, fee waivers to Aussie bushfire victims
Those directly impacted may also be eligible for credit card payment deferrals, amongst others.
Citi names Soonwok Kwon as head of market sales for South Korea
Kwon used to work at UBS AG and Credit Suisse AG in Seoul.
APAC consumers demand personalised financial wellness tools
Banks must rebuild one-to-one relationships digitally.
Payment Options secures in-principle approval for MPI licence in Singapore
It aims to offer payment capabilities to SMEs.
Retail banks embrace social media and streaming to boost revenue
One digital bank in Europe reported an ARR of $50m from “financial media networks.”
This week in finance: TenPay Global CEO on interoperable payments; tap-to-pay service roll-outs
OCBC and Vietnam separately strengthen their QR payment ties with China.
Dah Sing Bank extends US stock trading service to nearly 24 hours
It also modified its brokerage fee rate to US$0.015 per share.
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