News
Citi launches Token Services for Cash for institutional clients
Citi launches Token Services for Cash for institutional clients
It is expected to facilitate multi-million dollar cross-border liquidity and payments.
Airwallex Capital launches Airwallex Yield for asset management
The service was first introduced in Australia.
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.
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