Southeast Asia
JCB cards now accepted by GHL merchants in Malaysia, Thailand, Philippines
                                                                                 
                    
                    An estimated 480,000 payment touchpoints are involved.
                
                                
            JCB cards now accepted by GHL merchants in Malaysia, Thailand, Philippines
                                                                                                                 
                            
                            An estimated 480,000 payment touchpoints are involved.
                        
                                                
                        
    
                    UOB banks on 4 ASEAN income to hit 2026 ROE target
                                                                                                 
                        
                        The bank aims to grow its wholesale banking and retail banking businesses.
                    
                                        
                    
                Thailand, Philippine central banks discuss AI, digital payments in bilateral meeting
                                                                                                 
                        
                        They discussed the use of AI to support the central bank’s work, amongst others.
                    
                                        
                    
                Central banks of Thailand, Vietnam hold bilateral meeting
                                                                                                 
                        
                        The central bank representatives discussed banking and policy issues.
                    
                                        
                    
                Malaysia, Indonesia renew bilateral swap agreement.
                                                                                                 
                        
                        The agreement has been extended for another 5 years.
                    
                                        
                    
                South Asia, SEA have ‘greatest potential’ for fintech lending: study
                                                                                                 
                        
                        South Asia’s fintechs and young population lifted its rankings.
                    
                                        
                    
                ShopeePay and dLocal expand partnership for enhanced payment solutions
                                                                                                 
                        
                        It will facilitate the pay-ins and payouts.
                    
                                        
                    
                MoneyHero revenue up 24% to $20.7m in Q2
                                                                                                 
                        
                        Its revenue in Singapore rose by 68%.
                    
                                        
                    
                Malaysia, Cambodia launch cross-border QR payment linkage
                                                                                                 
                        
                        The initiative’s first phase has concluded as of 19 September.
                    
                                        
                    
                Bank-fintech alliance a win-win, says HSBC
                                                                                                 
                        
                        Lenders can learn from disruptive tech whilst aiding its champions comply with regulations.
                    
                                        
                    
                YUP raises US$30m in Series B funding round
                                                                                                 
                        
                        It will be used for SEA market expansion and the acquisition of an Indonesian banking licence.
                    
                                        
                    
                OCBC unveils next-generation programme for wealthy customers
                                                                                                 
                        
                        An estimated $2.5t in intergenerational wealth will be passed to the next gen by 2030.
                    
                                        
                    
                SEA fintechs clinch $851m of funding in H1
                                                                                                 
                        
                        Digital lender ANEXT Bank was one of two major funding rounds during the period.
                    
                                        
                    
                UOB poised to benefit from growth of SEA's mass affluent segment
                                                                                                 
                        
                        UOB has woven partnerships with privilege banking to appeal to the segment.
                    
                                        
                    
                APAC Islamic banks continue upward trajectory with lift from new players
                                                                                                 
                        
                        The launch of new Islamic players will improve access to financial services, says S&P.
                    
                                        
                    
                Why BNPL is booming in Southeast Asia
                                                                                                 
                        
                        BNPL providers in the region now focus on strategic partnerships, business model innovation, and ecosystem development.
                    
                                        
                    
                BNPL provider Atome Financial doubles operating income in 2023
                                                                                                 
                        
                        It’s BNPL services are now profitable, the company said in a press release.