Financial Services
Asian banking enters a new cost cycle: Cross-border payments, AI costs, and zero fees
Asian banking enters a new cost cycle: Cross-border payments, AI costs, and zero fees
Asian banks and payments companies are rethinking where value comes from as Western Union connects Singapore’s Dash wallet to its global network...
Mainland rules tighten scrutiny of outbound deals via Hong Kong
Law adds national security reviews for technology-heavy transactions.
Western Union rewrites the remittance playbook
Dash acquisition supports lending, payments, and other consumer services.
82% of SEA CFOs target growth but siloed data slows finance AI rollout
Automating a flawed process with AI accelerates inefficiency and that process redesign must come before any tool adoption.
Singapore banks see uneven exposure, with DBS most affected
DBS derives 7.4% of income from Indonesia and India operations.
Fees friction is testing Asia’s academic ambitions
It is not just about how students pay their fees, but how schools support their students.
Lending standards to tighten amidst rising costs, geopolitics
Other factors include incomplete market recovery post-COVID and rising interest rates.
Indonesia's BCA walks the talk on sustainable finance
The Indonesian bank considers the environment and governance in its lending decisions.
Bank-fintech alliance a win-win— HSBC digital chief
Lenders can learn from disruptive tech whilst aiding its champions comply with regulations.
SMBC closes $200m syndicated loan for India’s HUDCO
HUDCO will use the funds to expand its social housing platform.
India’s digital payments system speeds financial inclusion
India's approach to digital payments emphasises readiness for technological shifts and the importance of digital public infrastructure (DPI).
Fintech startup streamlines SME credit assessment for banks through AI
With InRiskable, banks can assess SMEs’ credit risks with 80% less time and 97% accuracy.
Tokyo seeks “friendliest city” title for local, foreign startups
It looks to increase its number of unicorns and startups tenfold over the next 5 years.
How can financial institutions build customer loyalty in the modern era?
It’s no longer just about giving perks, but about offering experiences, industry leaders said.
Fintech investors nowadays prioritise profitability over valuation
An expert said fintechs must have more than one revenue stream to attract investors amidst economic slump.
Evergrande Group asks stock exchange to resume trading
It suspended its trading last 28 September following its executive director’s case.
Businesses in Asia Pacific strive to enhance TPRM to overcome complex challenges
Moody’s expert Choon Hong Chua suggests strategies for navigating geopolitical disruptions and exhorts top-level corporate support for TPRM.
Commentary
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