News
South Korea cracks down on bank lending to cool housing market
Banks must cap the volume of high-risk loans they extend.
South Korea cracks down on bank lending to cool housing market
Banks must cap the volume of high-risk loans they extend.
Hong Kong's blockchain-powered trade finance platform goes live
eTradeConnect will digitise the paper-intensive process.
Singapore bank loan growth slows to 4.5% in September as sentiment sours
This marks the slowest on-year pace since February.
Software AG's Chun Man Hui outlines his vision for the future of banking at the ABF Digital & Open Banking Conference 2018
The future is open and API-enabled.
Weekly Global News Wrap Up: Regulators sound alarm over US leveraged loan market; HSBC Q3 pre-tax profit surges 28%
And British challenger bank Monzo has hit unicorn status.
Chart of the Week: What's dragging the growth of Islamic banks in ASEAN?
Malaysia and Indonesia are still trailing behind their GCC peers.
Chinese banks' profit rally cut short as loans turn sour
The pressure on asset quality will be heavier in 2019.
Australian banks shed $13b in assets in downsizing spree
CBA sold its asset management business for $2.9b.
Japanese banks trial blockchain technology to settle payments
Fujitsu has been tapped to develop the application.
Malaysia lowers cash transaction threshold in fight against dirty money
Hard-cash circulation has ballooned by 150% in the past decade.
Hong Kong beefs up e-wallet identity verification
Enhanced security features include two-factor authentication process.
E-wallet war heats up in Vietnam as banks join fray
Four more banks received clearance to operate e-wallet businesses.
Malaysia moves to enable money transfer via mobile number
Users can transfer money through DuitNow by December.
South Korean bank loans hit $780b in Q3
Household lending outpaced corporate loans but not for long.
Hong Kong suspends e-wallet top-ups amidst fraud reports in blow to Smart Banking push
Customers were hit by a combined loss of $180,000.
Japanese banks risk-taking hits near 30 year high amidst profit crunch
This marks the highest point since 1990 during the asset-inflated bubble burst.
Can Taiwanese banks maintain stable financial footing?
Lenders face stiff competition and modest lending demand.
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Why Philippine banks, insurers embrace hyper-personalized services
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Industry experts push for the rapid progress of unified customer data as a starting point.
Industry experts push for the rapid progress of unified customer data as a starting point.
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