News
HSBC names Brendan Nelson as group chair
HSBC names Brendan Nelson as group chair
He will remain chairman of the group audit committee until February 2026.
India’s Bitget Wallet integrates Tether marketplace in its platform
It promises competitive rates.
UnionPay and NAPAS launch China-Vietnam cross-border QR pilot
About 30,000 Vietnam merchants are set for QR payments by 2025.
Macau Pass and Alipay roll out tap-to-pay using mobile phones
Users will no longer need to scan a QR code, just tap their unlocked device in a terminal.
What makes Malaysia and India more creditor friendly than the Philippines?
The Philippines is ‘unpredictable’ in enforcement of laws and resolution time.
Thousands of Aussie financial advisers fall short of 2026 rules
Over 2,300 advisers or providers risk losing authorisation on 1 January 2026.
AI authenticity risks undermine digital banking
Banks warned to secure data integrity amid rapid AI adoption.
SFF shifts focus toward global fintech impact
GFTN outlines shift from scale to real-world outcomes.
Fiuu unveils tap-to-pay contactless payments on iPhone
Merchants must have the Fiuu VT iOS app and at least an iPhone XS.
HitPay and Visa to expand Philippine SMEs’ payment acceptance
SMEs can process both in-store and online transactions without a bank contract.
MAS expands Ripple’s scope of payment activities in Singapore
Ripple uses digital payment tokens to offer end-to-end payment solutions.
Citi names Yuko Nakayama as head of ECM for Japan investment banking
The ECM team in Japan will report to Nakayama.
Westpac to enable subscription viewing and cancellation in app
3 in 10 Australians say they are wasting money on duplicate or unused subscriptions.
Singapore and Japan renew bilateral swap arrangement
They can exchange local currencies of up to S$15b or JPY1.1t.
CIMB’s net profit up 2.34% to $502.6m in Q3
Non-interest income rose by over 20% during the quarter.
OCBC to enable scan and pay on all China merchant QRs by Q1 2026
By then, OCBC app users can pay via Alipay, Weixin Pay, and UnionPay.
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Mashreq wins two awards for digitising Trade Asset Sell-downs and launching GenAI-powered mobile onboarding for its Corporate Clients.
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