News
EFG Bank AG names Robin Heng as vice chairman of SEA
EFG Bank AG names Robin Heng as vice chairman of SEA
Heng was most recently co-head of private banking at Bank of Singapore.
Westpac mobile app rated best in Australia by Forrester
Actionable recommendations and prompts to avoid fees helped propel it to the top spot.
BofA launches gen AI solution AskGPS using 3,200 internal documents
It is expected to help employees answer client queries faster.
BPI digital platforms unavailable on 4 October 2025
System integration will take place from 8AM to 6PM.
India’s consumer loan market to reach $1t in 2029
Increased disposable income is driving demand for housing, vehicles, and durables.
UOB enables cardholders to redeem rewards at Johor merchants
They can offset bills using their rewards points.
PAObank surpasses HK$8b in customer deposits in Sept 2025
Deposits rose by HK$2b in just three months.
ZA Bank logs interim net profit of HK$49m in H1 2025
Net revenue rose 82.1% and net interest income rose 42.8%, the digital bank said.
MoneyHero relocates Philippine office
About 24% of its unique users monthly are from the Philippines.
HSBC Hong Kong names Industrial Bank as third Mainland WMC partner
HSBC’s Southbound offering includes more than 200 products.
Visa appoints Elaine Chang as group general manager in greater China
Chang previously served as president of Amazon China.
Philippine central bank to halt new digital bank license applications
Applicants have until 30 November 2025 to submit complete applications.
ING posts record half with US$78.8b in sustainable finance deals
APAC made up 13% of all transaction volumes, behind the EMEA and Americas.
UOB teams with CS CDC to deliver financial literacy to SG residents
They will hold workshops and publish financial literacy content.
AI and tokenisation disrupt finance as risks rise
KPMG urges firms to modernise compliance and culture for digital transformation.
Supply chain shifts force Asia finance overhaul
Corporates are forging new regional and digital partnerships as Asia Pacific supply chains diversify beyond China.
Swift developing new retail payment rules to improve cost clarity
Banks from 17 countries will work with Swift to set the retail rules.
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