News
Bank of China Hong Kong to explore e-HKD payment programmability
BOCHK will work with a subsidiary of Sun Hung Kai Properties.
Bank of China Hong Kong to explore e-HKD payment programmability
BOCHK will work with a subsidiary of Sun Hung Kai Properties.
Lendela names Axel Frändén as deputy CEO
Frändén will retain oversight of the company's marketing function.
Qoo10 ordered to suspend payments in Singapore
It was unable to prove it can meet its payment obligations to merchants on time, MAS said.
Mizuho Bank, partners launch support service for J-Credit creation
Mizuho, IHI, and Fujitsu aim to create a one-stop digital service.
MoneyHero revenue up 24% to $20.7m in Q2
Its revenue in Singapore rose by 68%.
Little clear interest in a retail CBDC in Australia: central bank
Regulators are keen to pursue wholesale CBDCs.
Central bank names Dang Duy Cuong as director of Deposit Insurance of Vietnam
Dang is currently the deputy director general of SBV’s human resource department.
Philippine central bank cuts reserve requirement ratios
For universal and commercial banks, the RRR has been reduced to 7%.
Citi wealth head visits Hong Kong
Andy Sieg attended three events and toured Citi’s Global Wealth Centre.
Hong Kong stored value transactions up 4.6% in Q2
A total of 2 billion transactions were made between April to June 2024.
Bank of Singapore flags fraudulent app
It has reported the matter to the Hong Kong police.
Malaysia, Cambodia launch cross-border QR payment linkage
The initiative’s first phase has concluded as of 19 September.
MUFG Bank fined $1.75m for info management lapses
Sister firm MUMSS was separately fined $1.4m.
Thai banks join forces with billionaires, fintechs for virtual bank bid
Shopee's parent company, and banks SCB X and Bangkok Bank are amongst the aspirants.
HDBank clinches $50m loan to fund climate projects, women-led firms
This brings HDBank’s total credit facility in Proparco to $100m.
Cambodia’s ACLEDA Bank to weather its covenant breaches: S&P
Funding is ‘strong’ thanks to its position as one of the country’s largest banks.
Hang Seng Bank reduces lending rate, deposit rates
Its prime lending rate and deposit rates are now 25 basis points lower.
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Banks should boost their online infrastructure as digital assets become the norm.
Banks should boost their online infrastructure as digital assets become the norm.
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