News

Ant Group unveils new Singapore office, launches foundation

Ant also pledged to increase investments for cutting-edge tech to enhance trust and efficiency of digital commerce.

Vietnam’s Techcombank opens two new HQs in Hanoi, Ho Chi Minh

The buildings are energy-efficient and wholly owned by the bank.

JCB unveils special Hokkaido shopping offers for foreign cardmembers

JCB cardmembers with plastics issued outside Japan will enjoy special shopping offers.

MAS teams up with BIS, Swiss and  France central banks to test wholesale CBDCs

Project Mariana used DeFi technology concepts on a public blockchain.

HSBC SG unveils blockchain workflow solution for property developers

It enables developers to fully automate their payments and digitalise their workflows.

MUFG names ex-JPMorgan banker as managing director of GCIB China

He has served several senior roles in JPMorgan Chase Bank China.

Singapore probing banks’ involvement in $1.75b money laundering scandal: report

MAS says it's "too early to tell" if FIs involved adhered to ML requirements or not.

AIIB’s members tally 109

Member countries accumulate about 81% of the global population.

Deutsche Bank increases South Korean capital

The bank added EU150m in capital allocation for its Seoul branch.

Funding Socities | Moldaku raises $27m in debt

AlteriQ Global, Augment Capital Partners, and Orange Bloom participated in the fund raising. 

RHB Islamic Bank targets $1.28b in wealth management by 2026

Its new Visa multi-currency card and new Islamic wealth portal will help achieve this goal.

ANZ pays A$15m fine for excessive credit card advance fees

ANZ reportedly breached the ASIC Act and the National Consumer Credit Protection Act.

Standard Chartered boosts cash management offering with multibank connectivity service

It offers real-time visibility, access, and control of cash holdings to companies.

Singapore named Asia’s top fintech hub, fourth globally

The Lion City attracted the highest level of VC investments, offering regulatory stability.

Australia looking to tap potential of AT1 bonds

This exploration will alleviate any potential risks that may dawn the banking sector.