News
Singapore payments code targets hidden fees and misleading claims
Singapore payments code targets hidden fees and misleading claims
Voluntary standards call for upfront disclosure of transaction costs.
India’s infrastructure bank targets Uttar Pradesh funding gaps
The partnership will provide debt-raising and credit enhancement services.
Philippine bank lending slows to 9.8% in June
Overall expansion was tempered by the construction and education sectors.
Shinhan Bank taps StoneX to cut cross-border payment costs
It will gain access to a network of 385 banks.
HSBC offloads $25b home‑loan portfolio amidst Australia retail banking exit
It is seen as the world's largest home-loan portfolio transaction.
Mizuho Q1 profit surges 45.5% to $2.64b in Q1 on stronger fees
Mizuho reported a strong fee business mainly with domestic corporates.
NaBFID loan book grows tenfold to $10.76b in three years
Loan book expansion is expected to continue over the next few years.
Atome Financial hits second year of profit as revenue surges 80%
Total operating income rose 52% in 2025.
Vietnam’s HDBank taps TerraPay for real-time cross-border payments
TerraPay will manage delivery to overseas bank accounts and digital wallets.
Hyundai Card's Alphabet brand unveils 11 cards with 10% category discounts
The cards offer 5% discounts on coffee, convenience stores, and public transportation.
Three new payment services launched in the Philippines
InstaPay for Businesses increases maximum transfers to $8,144 (PHP500,000).
Citi names Goldman's Mascanzoni as ANZ technology capital markets lead
Cristina Mascanzoni previously worked on a Zip equity raising and a cross-border sale.
Bank Mandiri profit grows 24.4% but NIM pressure persists: UOBKH
Net interest income and PPOP both weakened in Q2 compared to Q1.
Philippine lender MocaMoca hits 20 million users
The digital lending platform says it offers collateral free loans up to PHP50,000.
OCBC deploys agentic AI platform to halve wealth client onboarding time
Bank of Singapore RMs have already began using HELIOS.
Citi hires three FX Options traders in Singapore
Eric Poon has been named director of the FX EM Options Asia trading team.
MAS and ABS form industry taskforce against AI cyberthreats
The taskforce brings together members from DBS, OCBC, UOB, NETS, and the SGX, amongst others.
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