Retail Banking
SCB, GLN launch cardless ATM withdrawals for Korean tourists in Thailand
SCB, GLN launch cardless ATM withdrawals for Korean tourists in Thailand
Tourists just need to scan a QR code via their app.
Digital bank platform ANZ Plus reaches 1 million customers
Over half (55%) consider it their main bank account.
SCB X eye more profits from Gen 2 firms as Thai corporates cut bank loans
Its banking services loan portfolio contracted in 2024, whilst those from Gen 2 expanded.
Australia’s Westpac unveils the Social Tailored Deposit
The minimum deposit is A$1m and will be directed to socioeconomic initiatives.
CommBank rolls out discounts to small business with Yello for Business
Customers receive discounts on various brands and exclusive pricing on Samsung products.
NAB names Andrew Auerback as group exec for B&PM
Group chief risk officer Shaun Dooley will work as acting group CFO.
ANZ clinches Aussie gov’t support for Pacific operations
ANZ will invest $50m in its Pacific systems and enhance its digital bank offering.
Citibank’s Chia Seok Hoon is an advocate for her co-workers
It is important to focus on solutions rather than problems when dealing with adversity.
MUFG acquires 9.98 million shares in JACCS
MUFG sees JACCS as a core company in its consumer finance strategy.
BEA’s Ivy Chan on managing banking risks and trade war shifts
She never saw her banking job as one with a bias for either men or women.
Cambodia enables cross-border QR code payments via UnionPay
Cambodians need only to scan the UnionPay QR Code to pay.
Japan's financial institutions report $4.28t in loans as of Feb 2025
It is a 3.1% increase from the same month last year.
Lady bankers need work-life balance, says UOB’s Choo Wan Sim
The flight stewardess turned bank digital head also highlighted the importance of mentors.
HSBC Singapore unveil entertainment platform for Premier Mastercard clients
It offers preferential and exclusive access to certain shows.
Metrobank’s net profit up 14% in 2024 on higher loans and deposits
Its pre-provisioning operating profit fell 11%, however.
Taiwanese banks’ total outstanding loans rise to $11.89b in Jan
The NPL ratio rose to 0.16% and NPL coverage ratio fell.
Australia’s G&C, Unity Bank officially merge
G&C will maintain a strong capital position but faces integration risks, S&P said.
Commentary
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
Banks need to rethink identity governance for AI agents
From stablecoins to sovereignty: The rise of trust-based digital dollar systems