Asian Banking & Finance

Aspire receives IPA for the Major Payment Institution license
This supports the company's goal to build a user-friendly financial platform.
OCBC teams up with Disneyto boost new customer growth in SEA
The collaboration will kick off in Singapore with the soft launch of the OCBC MyOwn Account.
Vietnam’s debit card payments market to be worth $65.6b in 2028
The rising number of banked Vietnamese is pushing up adoption, although payment usage remains low.
Tighter policies drag South Korean household loan growth in September
Banks have supposedly stepped up their efforts to manage household debt.
Japan and Indonesia renew their bilateral swap agreement
The size of the BSA is up to $22.76b or its equivalent Japanese yen.
Taiwan credit cards’ balance rose in August
But the amount of monthly retail sales was 7.96% lower than in July 2024.
SME loans in Taiwan rose in August
A total of NT$10.17t loans has been extended to SMEs.
Overseas Filipinos’ remittances up 3.3% to $3.2b in August
Cash remittances coursed through banks rose by 3.2% during the month.
Cambodia enables QR payments from foreign e-wallets through Alipay+
They can now make payments in over 1 million Cambodian merchants.
Singapore fintech funding down 10% to $208m in Q3
The drop is in line with overall tech startup funding in Singapore.
Hong Kong to rename ‘virtual banks’ to ‘digital banks’
The bank will set-out new guidelines shortly.
Citi names Hooi Wan Ng as head of markets for Malaysia
Ng joins from JP Morgan, where she had led the local markets and private side sales since 2011.
Citi poaches JPMorgan banker to lead FX institutional sales in 4 APAC regions
Anand Goyal will begin in December, and will be based in Singapore.
Standard Chartered launches digital request quote module Autoquote 
Clients can request pricing quotations and get responses digitally.

Join the Asian Banking & Finance community

Exclusives

Exclusives

Hong Kong hospitals, banks embrace relaxed data transfer rules
Whilst not mandatory, they could simplify data exchange with cities in South China.
Retail Banking Experts on future-proofing PH banks, revolutionizing insurance
Going against the norm when adapting growth strategies may be key.
Banking Technology Bank on people, not just tech— HSBC banker
Developing tech and talent go hand-in-hand, a senior HSBC banker said.
Retail Banking Why digital wallets must shed their ecosystem dependence
Experts noted the importance of forming the right strategy for sustainability and brand marketing.
Cash Management Kiosks, hybrid approach key to financial inclusion: BDO 
BDO has introduced self-service kiosks and universal machines to entice unbanked customers.
Retail Banking Techcombank eyes more business clients with southern expansion
Vietnam’s fourth-largest bank by assets seeks to expand in Ho Chi Minh City and surrounding regions.

Top News

Aspire receives IPA for the Major Payment Institution license
This supports the company's goal to build a user-friendly financial platform.
OCBC teams up with Disneyto boost new customer growth in SEA
The collaboration will kick off in Singapore with the soft launch of the OCBC MyOwn Account.
Vietnam’s debit card payments market to be worth $65.6b in 2028
The rising number of banked Vietnamese is pushing up adoption, although payment usage remains low.
Tighter policies drag South Korean household loan growth in September
Banks have supposedly stepped up their efforts to manage household debt.
Japan and Indonesia renew their bilateral swap agreement
The size of the BSA is up to $22.76b or its equivalent Japanese yen.
Taiwan credit cards’ balance rose in August
But the amount of monthly retail sales was 7.96% lower than in July 2024.
SME loans in Taiwan rose in August
A total of NT$10.17t loans has been extended to SMEs.
Overseas Filipinos’ remittances up 3.3% to $3.2b in August
Cash remittances coursed through banks rose by 3.2% during the month.
Cambodia enables QR payments from foreign e-wallets through Alipay+
They can now make payments in over 1 million Cambodian merchants.
Singapore fintech funding down 10% to $208m in Q3
The drop is in line with overall tech startup funding in Singapore.
Hong Kong to rename ‘virtual banks’ to ‘digital banks’
The bank will set-out new guidelines shortly.
Citi names Hooi Wan Ng as head of markets for Malaysia
Ng joins from JP Morgan, where she had led the local markets and private side sales since 2011.
Citi poaches JPMorgan banker to lead FX institutional sales in 4 APAC regions
Anand Goyal will begin in December, and will be based in Singapore.
Standard Chartered launches digital request quote module Autoquote 
Clients can request pricing quotations and get responses digitally.

Exclusives

Hong Kong hospitals, banks embrace relaxed data transfer rules
Whilst not mandatory, they could simplify data exchange with cities in South China.
Retail Banking Experts on future-proofing PH banks, revolutionizing insurance
Going against the norm when adapting growth strategies may be key.
Banking Technology Bank on people, not just tech— HSBC banker
Developing tech and talent go hand-in-hand, a senior HSBC banker said.
Retail Banking Why digital wallets must shed their ecosystem dependence
Experts noted the importance of forming the right strategy for sustainability and brand marketing.
Cash Management Kiosks, hybrid approach key to financial inclusion: BDO 
BDO has introduced self-service kiosks and universal machines to entice unbanked customers.
Retail Banking Techcombank eyes more business clients with southern expansion
Vietnam’s fourth-largest bank by assets seeks to expand in Ho Chi Minh City and surrounding regions.

Join the Asian Banking & Finance community