Asian Banking & Finance
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Indonesia’s cooperative credit scheme could pose risks as it scales
Cooperatives carry high credit risk due to weak governance, said UOB Kay Hian.
3 hours ago
Why digital banks are becoming mobile service providers
Why digital banks are becoming mobile service providers
A compelling neobank operator uses mobile connectivity as a cross-leveraged product.
2 hours ago
Global Islamic finance assets seen reaching $9.7t by 2029: LSEG
Global Islamic finance assets seen reaching $9.7t by 2029: LSEG
Malaysia remains on top of the Islamic finance development rankings.
2 hours ago
Krungsri’s capital and stable profitability mitigates elevated loan risks
Krungsri’s capital and stable profitability mitigates elevated loan risks
The bank is expected to enjoy a very high probability of support from parent MUFG.
2 hours ago
Siam Commercial Bank, Visa, SoftSpace launch tap-to-pay services at two Bangkok markets
Siam Commercial Bank, Visa, SoftSpace launch tap-to-pay services at two Bangkok markets
Businesses can provide the service either through a smartphone or dedicated EDC machine.
3 hours ago
Standard Chartered ink partnerships to deepen global Indian proposition
Standard Chartered ink partnerships to deepen global Indian proposition
The bank wants to further unlock access to Indian business networks in Singapore.
3 hours ago
SG connects over 80 FIs under PathFin.ai initiative
SG connects over 80 FIs under PathFin.ai initiative
It is also developing an AI risk management handbook under Project MindForge, due later this year.
1 day ago
India’s retail payments now 99.8% digital: CareEdge
India’s retail payments now 99.8% digital: CareEdge
Cards and prepaid instruments are stable or in decline as UPI increases in popularity.
1 day ago
Australia rate cuts ease pressure on mortgage arrears: Fitch
Australia rate cuts ease pressure on mortgage arrears: Fitch
One more rate cut in 2025 may lower arrears further, the ratings agency said.
1 day ago
ANZ unveils five-year plan, will simplify retail and commercial divisions
ANZ unveils five-year plan, will simplify retail and commercial divisions
The Australian lender also plans to accelerate the integration of Suncorp Bank.
1 day ago
CBA named best in APAC for AI maturity
CBA named best in APAC for AI maturity
The bank was first on talent development and responsible AI leadership, the index said.
1 day ago
HitPay offers stablecoin payments acceptance to small and medium businesses
HitPay offers stablecoin payments acceptance to small and medium businesses
Merchants are settled in fiat and reconciled in HitPay.
1 day ago
HDFC Bank noted for effective risk controls and employee well-being
HDFC Bank noted for effective risk controls and employee well-being
It got its highest score on the social pillar of ESG, based on NSE’s report.
1 day ago
Mainland tourists drive WeChat’s growth during National Day
Mainland tourists drive WeChat’s growth during National Day
Cross-border transactions in Weixin Pay increased by 21% year-on-year
2 days ago
DBS forecast to post softer Q3 earnings, maintain DPS at S$0.60
DBS forecast to post softer Q3 earnings, maintain DPS at S$0.60
The reduction of the SORA could pressure the bank’s net interest margin.
2 days ago
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Lending & Credit
Philippine credit confidence stalls amidst fraud worries
Borrowers view credit cards and personal loans as risky.
1 day ago
Event News
Asian Banking & Finance Retail Banking Awards 2025 Winner: Kwong Wah Eric Fan of Shanghai Commercial Bank
Kwong Wah Eric Fan of Shanghai Commercial Bank highlights how the company drives fintech growth through digital transformation.