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Mastercard leads alliance for wholesale, retail digital supply chain
Mastercard leads alliance for wholesale, retail digital supply chain
This will increase digital data available to assess creditworthiness.
Tokyo government unveils free consultation services for foreign financial firms
Asset management and fintechs with no registered office in Japan may apply.
Fintech firm Fave unveils QR payments to DBS PayLah, Singtel Dash users
Users buying from Fave’s partner merchants will receive up to 20% instant cashback.
Maybank's Q2 profit sinks more than half to $225.95m
Impairment allowances surged to $417m.
Afterpay floats Asia, Europe expansion plans
It said its full-year loss has more than halved compared to last year.
Vietnam's VPBank adapts Finastra's treasury solution to digitize operations
The Fusion Adopt program enables VPBank to trade higher volumes of treasury.
Digital credit scorecard developer CredoLab nabs $7m funding
The fintech said that it has powered almost $2b loans since 2016.
Indonesia's Bank Mandiri face lower margins, climbing NPLs
The lender’s net interest margin contracted by 65 bp in H1 2020.
Mastercard establishes local office in Myanmar
It also plans to appoint a country business development manager.
Singapore fintech Lightnet signs MOU with Swiss SEBA Bank
The company aims to carry out its first live transactions by Q4 2020.
MUFG to pool funds for pandemic-hit firms
It will issue sustainable bonds totalling $1.42b.
Citibank unveils bank-to-bank money transfer service
It will facilitate easier transfers from other banks to Citibank accounts.
Singapore fintech LytePay, Rapyd launch e-wallet for ERA Realty agents
Real estate salespersons will now be able to instantly use their commissions.
Australia's Suncorp reports $654.4m profit for “very challenging” FY2020
The group’s cash earnings shrunk 32.8% from FY2019.
Bank of East Asia posts 53.2% profit jump to HK$1.5b
Lower impairment losses in Mainland China caused the surge.
Jefferies, Regis Partners team up for Philippine cash equities business
Jefferies will distribute equity research on local-based companies to its client base globally.
BDO nabs Financial Inclusion Initiative of the Year - Philippines in the ABF Awards
The company won for its financial education program for overseas Filipino workers.
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