News

Check out how APAC family offices moved their investments in Q2

There was “moderate” client interest in longer-dated US Treasuries and perpetual bonds.

Check out how APAC family offices moved their investments in Q2

There was “moderate” client interest in longer-dated US Treasuries and perpetual bonds.

PayPal is most popular digital payment option in Asia: study

In the BNPL space, Klarna, Atome, and Afterpay are the region’s most popular choices.

Fintech adoption in corporate banking, a growing trend in Asia-Pacific

Fintech’s surge in corporate banking sees collaboration between banks and fintechs, signaling a promising future.

Bank of East Asia’s profits up 75.8% to HK$2.63b in H1

Higher interest rates pushed up profits, but non-interest income fell.

1 in 4 Hong Kong consumers eyes getting a loan with fintechs, neobanks

Although traditional banks remain the preferred choice, 1 in 5 are ready to jump ship to another provider.

Bank of Singapore names Credit Suisse banker as new global COO

Jacky Ang is also Credit Suisse’s SG branch manager and head of wealth management.

DBS unveils metaverse game tackling global food waste

Singapore players will be treated to extra rewards, redeemable through DBS PayLah!

Mizuho, Shinhan ink cooperation agreement to service start-ups

They will provide financial services to start-ups in accordance with start ups’ growth stage.

China’s financial sector may be hit by Zhongrong’s missed payments

The ongoing property sector downturn poses a larger risk for the trust industry.

China state-owned banks to post ‘sharp’ revenue decline: report

Banks are battling lower lending rates, ongoing property woes, and low interest margin.

India’s card payments market to rise 28.6% to $337.1b in 2023

Consumers in India are increasingly embracing electronic payments, GlobalData said.

DLT, digital money rise as securities sector eye faster settlements

The move to T+1 has given birth to challenges in the securities ecosystem, said Citi.

Regulatory dynamics remain a pressing issue in fintech

Collaborating with traditional banks emerges as central concern in the industry's evolution, as well.

Validus Capital co-founder to share secrets in solving SME lending challenges

Co-founder and Executive Chairman Vikas Nahata reveals how Validus empowers SMEs in Southeast Asia with transparent supply chain financing.

Jeonbuk Bank profits to weaken from real estate lending woes

Asset quality and profitability will weaken through 2024, Moody’s said.

QR payments seen to skyrocket by 2028 – Study

Its transaction volume is expected to reach 90 billion by 2028.