News
Alipay enables in-store payments using AR glasses in China
Alipay enables in-store payments using AR glasses in China
Users will confirm payments using their voice.
Salmon Group raises $88m to expand its business in the Philippines
The equity round was led by venture capital firm Spice Expeditions, LP.
Bank Tabungan Negara’s high asset risk remains despite strong capital ratio
Profitability is expected at 0.55% to 0.65% in 2025 on higher credit costs.
Nanyang Commercial Bank still weighed down by property risks in 2025
The de-risking process is expected to take a longer time, Moody’s said.
NAB record 16% new homebuyers after home lending rate cut
They expect to see more home buyers re-enter the market.
ANZ names Lachlan Halstead as country head for ANZ China
Halstead had formerly served as country head for ANZ Papua New Guinea.
India’s payments central body launch training programmes for cybersecurity
They will also develop an exclusive NPCI-certified payment security cert. programme.
CIMB Group names Datuk Syed Zaid Albar as group chairman
He is the former executive chairman of the Securities Commission Malaysia.
ASIC cancels licence of Financial Services Group Australia
It also permanently banned its responsible manager, Graham Holmes.
India revises instructions for unclaimed and inoperative deposit accounts
Accounts covered are those unoperated and amounts unclaimed for 10 years or more.
Krungsri unveils loan for laundromat franchise Otteri
Financing is offered up to 110% of the total investment for a maximum of THB5m.
MUFG invests in May Mobility for autonomous vehicle deployment
MUFG will help the company scale its fleet to thousands of vehicles, it said.
How Danantara’s plan to acquire BRIS will impact four Indonesian banks
Bank Mandiri, Bank Negara Indonesia, and Bank Rakyat Indonesia mayincur losses.
SMBC Malaysia nabs StanChart banker as head of corporate banking
Wendy Ooi will lead SMBC Malaysia’s non-Japanese corporate banking strategy.
Bank of Ningbo’s established regional presence supports profitability
It reportedly has a good local presence.
Taiwan’s credit card balance rose in April
The amount of undue balance of installment fell from the previous month.
MoneyHero reduces net loss to $2.4m
They are also gearing up to launch Credit Hero Club with TransUnion.
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