CATEGORIES

OCBC triples quantum tech workforce to enhance cybersecurity measures

The Singapore bank expects significant tech advancements in the next five to 10 years.

NETS adds inventory features to payment terminals for Singapore retailers

It is using data from its payment system to help businesses improve operations.

Japanese banks seek M&A deals overseas

Japan's biggest banks pursued mergers and acquisitions (M&A) of local and foreign fintech firms in the second half of 2024 in search of better revenue, as the yen sank to a 34-year low amidst relaxed regulations.

BTN Prioritas wins prestigious international award - Retail Banking Awards

It was awarded the Customer Experience Initiative of the Year - Indonesia for PLUS by BTN Prioritas.

Singapore's top central banker touts potential of asset tokenisation

The tech must be regulated, which can be a challenge.

BTN Wins Award at ABF Wholesale Banking Awards 2024

PT Bank Tabungan Negara (Persero) Tbk (BTN) won an award at the Asian Banking & Finance (ABF) Wholesale Banking Awards 2024 on Thursday, July 4, 2024.

The way forward-GXBank leads the charge in transforming the local banking scene

Whilst digital banking in Malaysia is still in its infancy, there is no doubt that it can act t as a bridge to offer services or lack thereof-to those who are financially underserved.

Unlocking global expansion with Payoneer's seamless and reliable payments solutions

Payoneer empowers small and medium-sized businesses (SMBS) worldwide, simplifies global commerce, and enables entrepreneurs to grow with confidence and ease through its cross-border payment solutions.

Can Asian banks weather the profit squeeze in 2025?

Banking profits are expected to remain under pressure in many Asian markets in 2025, with lenders likely to post Bunder pressure either modest improvements or manageable declines, according to analysts.

China's payment system gets boost from renminbi rise

Cross-border renminbi use for trade in services grew 22.3% YoY to $165b.

Hong Leong Bank transforms branches to solve non-virtual problems

CEO Kevin Lam reveals five branch models that merge tradition and technology.

Asia struggles with G20 payment targets

Asian banks are racing to meet G20 cross-border -payment goals on speed, cost, and transparency, but dated infrastructure, high fees, and fragmented rules hinder near-real-time payment transfers.

Embedded Finance, Digital Banks To Drive SEA's Fintechs

Embedded finance, partnerships, and digital banks will be the three defining trends shaping Southeast Asia’s financial technology (fintech) landscape in the future.

UBC Aims For Top 5 In Sri Lanka Banking

Chairman Nirvana Chaudhary is prepared to lead amidst a national finance crisis.

What Makes Malaysia The Next Great Investment Banking Frontier In Southeast Asia?

EVs, takaful insurance, and its proximity to Singapore attract investment activity, according to a BofA executive.

How HomePay Is Combating Renovation Scams In Singapore

Money is put in an escrow account and disbursed when milestones are reached.

Will Property Woes Continue To Weigh On Chinese Megabanks?

This year, Chinese megabanks are facing two big hurdles: the government’s mandate that may force banks to take on more risks in the name of propping up China’s embattled property sector; and declining credit demand and interest rates.

How Have Banks' Wealth Management Pivots Played Out In China?

There’s up to $25b in fees to be made in Asia, but it’s a tough market, an analyst said.

Why Singaporeans are okay with locking away over $4b of their money

Customers can only access 'locked' money with a physical card or by visiting a branch.

OCBC builds the the next pipeline of talent

Lim weaves in support for women bankers to broader industry talent shortage.

Banks flip the tables on disruption by becoming the disruptors themselves

Companies are facing not just tech transformations but also shorter skill lifespans for their workforce.

Basel III capital hike is not a problem for APAC

Most of banking jurisdictions in most Asia Pacific markets should be able to absorb the moderate increases in capital requirements stipulated under the final Basel III standards.

UOB crafts banking strategy with artistic flair

Ip believes that finance and creativity go handin-hand in building a holistic pool of talents.

From Sandbox To Success: How PH Neobanks Disrupt Banking

They made use of their old payments model and partnerships to scale operations.

How Trust Bank Won The Trust Of Singapore's 12%

It is currently the world's fastest growing bank by market share.

GenAI, CBDCs To Shape Singaporean Finance In 2024

Singapore will be piloting the use of wholesale CBDCs next year.

How Financial Institutions Can Build Customer Loyalty

It's no longer just about giving perks, but about offering experiences.

OCBC unveils blockchain-powered CBDCs at Singapore Fintech Festival

OCBC is aiming to commercialise one or two of its blockchain solutions in 2024.

Untapped markets: pioneering the future of finance beyond traditional banking

Brands must shift from running campaigns to building platforms.

Tech glitches, failed cost targets plaque Thai banks

KBank's credit costs rose by 11 basis points to 219 bp in 2023, a step further from its target range of 140 to 160 bp.