News

Citi launches Token Services for Cash for institutional clients

It is expected to facilitate multi-million dollar cross-border liquidity and payments.

Citi launches Token Services for Cash for institutional clients

It is expected to facilitate multi-million dollar cross-border liquidity and payments.

Thailand’s Kasikorn Bank expects credit costs to normalize in 2025

The bank says that it will end its loan portfolio clean up this year.

Mizuho expands mid-term finance emission targets

The targets are aimed to be met by FY2030.

The Philippines launch financial inclusion website

The website features the latest regulations, issuance, and initiatives from FISC agencies.

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.

India urges banks to review digital payment access for disabled users 

They must submit a plan of action for any modification within a month’s time.

Malaysia’s Public Bank acquiring all shares of insurer LPI Capital

It will buy a 44.15% equity interest in the insurer for RM1.72b, and then extend a mandatory general offer.

Why banks will be ‘invisible’ by 2030

They either become the platform or willingly lose their brand visibility.

Mizuho, UNDP team up to support impact businesses

UNDP will provide Mizuho with advisory services.

Siam Commercial Bank’s Mae Manee App to undergo maintenance

It will be unavailable for a few hours each on October 11-12, 2024.

India and Maldives ink currency swap agreement

The agreement is valid until June 2027.

Japan’s SMFG completes transfer of securities business to UK subsidiary

SMBC Nikko Capital Markets will be closing down its Abu Dhabi branch.

HK central bank, banking assoc express support for banking integrity charter

The HKMA and HKAB co-hosted the launching ceremony with ICAC.

Experts on future-proofing PH banks, revolutionizing insurance

Going against the norm when adapting growth strategies may be key.

EnterpriseSG and CEB to boost financing for Singapore firms' overseas expansion

The initiative will support EnterpriseSG's enterprise financing scheme.

Banks expand AI adoption amidst governance challenges

AI adoption in banking is increasing, but leaders emphasise careful deployment.