News
Digital wealth platform Arta Finance launches in Singapore
Digital wealth platform Arta Finance launches in Singapore
Arta said that 1.6 million non-SG investors will have $4.8t in assets in the city by 2028.
How GCash’s credit and insurance tools unlock Philippines' inclusion barriers
Bank access increased to 65%, whilst insurance penetration improved to 1.71%.
Bank on people, not just tech— HSBC banker
Developing tech and talent go hand-in-hand, a senior HSBC banker said.
Is BSP’s cyber resilience plan the key to protecting finance in 2025?
The central bank plans to mainstream cybersecurity in schools to close the skills gap.
BSP enforces tailored cyber resilience rules for smaller institutions
The framework ensures flexibility and proportionality in cybersecurity requirements.
Philippine central bank gearing up for digital marketplace, new digital banks
Up to four new digital banks may enter the market.
Kiosks, hybrid approach key to financial inclusion: BDO
BDO has introduced self-service kiosks and universal machines to entice unbanked customers.
Companies urged to implement AI with focused use cases
Careful assessment and governance is the key.
Security Bank boosts women in tech through mentorship
Gender diversity in tech is on the rise.
Finance sector marketing budgets under pressure in 2024 amidst disruptions
Marketing expert tells three strategic approaches for turbulent times.
Mongolian banks enjoy improved governance and asset quality
The listing of D-SIBS in 2022 has improved disclosure and asset quality.
Hang Seng has approved $60m of SME loans with HKMA’s account data sharing model
Customers can authorize Hang Seng to directly retrieve info and data from other participating banks.
Asian businesses brace for stricter lending standards— survey
Over half of respondents said that lending standards will become more restrictive.
China’s investment banking fees drop 25% in 9M 2024
ECM underwriting fees, M&A advisory fees, and syndicated lending fees all registered declines.
QR codes and low costs drive mobile wallet adoption in APAC
Even cash focused countries like the Philippines, Thailand, and Malaysia saw a high level of adoption.
India’s credit and charge card payments market to grow 15.5% in 2024
Credit and charge cards accounted for 75.7% of total card payment value in 2023.
Alipay+ sees overseas use of payment partner apps triple in 9M 2024
Spending for F&B, attractions, and transportation recorded double-digit increases.
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