News
Citi cuts India foreign portfolio investors’ registration to five days
Citi cuts India foreign portfolio investors’ registration to five days
The first phase covers the US, Ireland, and Luxembourg.
Trust Bank launches AI Ask for conversational finance queries
The bank said that it will only use the specific customer’s transaction information to answer their question.
New Zealand admits first non-bank member to payment settlement system
All payments must first settle in ESAS before reaching their destination.
Thailand launches framework against illicit activities in the financial sector
The BOT will promote data sharing amongst organisations.
Singapore banks complete tokenised deposit pilots
DBS, OCBC, and UOB tested the technology for payments beyond traditional processing hours.
Unlimit clinches money service operator license in Hong Kong
Unlimit operates stablecoin clearing house and exchange platform Stable.com.
Philippine regulator clears GCash parent for $1.48b IPO
It also approved a lower minimum initial public float of 12% instead of 15%.
Ant, Mastercard, Visa build common AI agent identity framework
They aim to streamline AI agent onboarding and identification.
Crédit Agricole CIB names Oliver Matthew as head of Japan’s private capital group
He joins from CITIC CLSA, where he was head of institutional equities and country head for Japan.
DBS rejects S$1.3b 1MDB-linked claim and vows to ‘vigorously resist’
DBS said that it sees no provisions needed at this point in time.
ZA Bank parent leases top four floors of Lee Garden Eight’s Tower 3
It will house ZA’s over 300 employees.
Bank CFOs weigh broader returns from AI investment
Financial institutions are prioritising productivity and risk before using AI to pursue customer growth and faster product development.
Ping An Digital Bank offers special deposit rate and cash rebate to new users
The rate is offered to new customers until 30 September.
Visa unveils Singapore security roadmap as 42% encounter scams
Fraudsters are increasingly harnessing AI, automation, and social engineering techniques.
Business loan growth lifts Philippine bank lending in July
Loans for business activities expanded faster than a month earlier.
Bank of India's asset quality to improve but profitability lags peers
The RAM segment will mainly drive its loan growth but NPL will inch up.
DBS and Citi settle USD payments in minutes via tokenised deposits
Citi and DBS said it complements their existing services and tokenised offerings.
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