News
Cards gain traction in cash-heavy Japan
Cards gain traction in cash-heavy Japan
Total card payments value will hit over $750b by 2022, according to analysts.
Malaysian banks still struggle with sluggish loan growth
Loans grew by just 3.8% in September amidst persistent weakness in business loans.
Which credit card enjoys the highest customer satisfaction rate in Singapore?
AMEX pulled ahead of DBS and PSOB.
Chinese banks risk losing $61b revenue in payments by 2025
Digital payments and non-banking payment service providers are displacing them.
Thai banks hit by sluggish growth
Earnings rose by a marginal 1% in Q3.
Job-hopping banking tech talents in Singapore could command up to 15% raise
They are in hot demand as the city prepares to grant virtual bank licenses.
Australian banks may issue euro bonds to meet capital requirements
They will need to raise $34.32-41.87b worth of Tier-2 capital by 2024.
RuPay ends Mastercard and Visa duopoly in India
The number of debit cards issued hit 605.3 million.
Philippines pushes for national QR code standard
The National Quick Response (QR) Code Standard aims to boost financial inclusion.
Hong Kong bank profits may take hit amidst protests: report
Asset quality will also weaken, according to analysts.
1 in 3 senior financial officers worried about global recession risks
27% flagged the impact of trade tariffs on their businesses.
$50b capital shortage may hit Indian banks in case of NBFC stress: report
State banks would be hit harder.
Will swelling private sector debt threaten Malaysian banks?
Private sector debt as a share of GDP is tipped to hit 153% by end-2019.
Japanese banks to undergo stress test to assess defenses: source
The banks' capital and liquidity positions will be evaluated.
Australian contactless cards to hit nearly 70 billion by 2023 as cash loses luster
The number grew at a CAGR of 12.7% from 2015-19.
Philippine banks' real estate exposure grows in Q2
It accounted for nearly a fifth of total loans in June.
Monthly transactions in PayNow cross $1b mark
Over 3 million in combined mobile and NRIC numbers are registered to the service.