News

Australia streamlines financial accountability rules

The changes will halve compliance updates for 4,500 people.

Japan's megabanks target live stablecoin transactions in FY2026

The three will establish a voluntary council for this goal.

China and Indonesia link cross-border QR payments

Chinese users can use their UnionPay app, Alipay, and banking pps.

Citi names JianXun Toh as JANA head of corporate banking

Citi is in the process of identifying a new head of T&C, it said.

SME Bank nets $9.9m from zakat entrepreneur programme

The Malaysian lender said that its programme services nearly 1,000 entrepreneurs.

UnionBank hits 2 million credit cards in circulation

It also claims the highest Visa credit payment volume among Philippine banks in 2025.

ANZ NZ names chief risk officer Ben Kelleher as next CEO

Antonia Watson will retire on 30 September 2026.

Mizuho mulls cutting investment units to broaden investor base

It acknowledged it as a way to increase the liquidity of its shares.

TransUnion offers free credit report to HK residents who lose their HKID

They can schedule an appointment online within 30 days of the loss.

Thai cash handout to lift finance company debt collection and asset quality

The campaign will boost mid and low-income earners and alleviate their cost of living.

Philippine SMEs can issue virtual prepaid cards in five minutes

Paymongo provides the service whilst Paymentology and Mastercard provide the licensed framework.

OCBC enables remote business account opening in Malaysia via Singpass

The bank will authenticate business owners remotely without need to visit a branch.

DBS brings tokenised physical gold to retail investors via digibank

It is also exploring plans to list the token on DDEx.

CIMB, China CITIC Bank strengthen China-ASEAN connectivity

The partnership will support cross-border banking, trade, and financing solutions across the corridor.

DBS, HSBC, AIA and more convene at ABF IA Summit Singapore on 1 July

Leading voices from the banking and insurance industries will meet at Andaz Singapore to discuss trust, transformation, and AI.