Retail Banking
Cambodia enables QR payments from foreign e-wallets through Alipay+
They can now make payments in over 1 million Cambodian merchants.
Cambodia enables QR payments from foreign e-wallets through Alipay+
They can now make payments in over 1 million Cambodian merchants.
Hong Kong to rename ‘virtual banks’ to ‘digital banks’
The bank will set-out new guidelines shortly.
Citi names Hooi Wan Ng as head of markets for Malaysia
Ng joins from JP Morgan, where she had led the local markets and private side sales since 2011.
Public Bank's LPI Capital purchase may boost earnings, ROE
MGO is unlikely to be accepted by shareholders due to its ‘steep’ 25% price discount.
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.
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.
Siam Commercial Bank’s Mae Manee App to undergo maintenance
It will be unavailable for a few hours each on October 11-12, 2024.
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.
Bank on people, not just tech— HSBC banker
Developing tech and talent go hand-in-hand, a senior HSBC banker said.
Why digital wallets must shed their ecosystem dependence
Experts noted the importance of forming the right strategy for sustainability and brand marketing.
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.
Mongolian banks enjoy improved governance and asset quality
The listing of D-SIBS in 2022 has improved disclosure and asset quality.
Flooding impact on Thai banks ‘manageable’
Only a small number of branches have been affected.
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Why Philippine banks, insurers embrace hyper-personalized services
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Insurance
Industry experts push for the rapid progress of unified customer data as a starting point.
Industry experts push for the rapid progress of unified customer data as a starting point.
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