News

Philippine card payments to grown 15.4% in 2021

The revival of economic conditions and vaccine distribution will spur card spending.

Philippine card payments to grown 15.4% in 2021

The revival of economic conditions and vaccine distribution will spur card spending.

Japan's financial firms face activist climate votes as AGMs near

Mizuho was forced to vote on a climate-focused resolution in its AGM last year, but more firms are being targeted in 2021.

Mergers imminent amongst Japan's regional banks: study

Ultralow rates, competition will hurt profits to the point where revenue no longer covers operating expenses.

Clear skies ahead for Aussie banks as economy improves

Banks can withstand NPL growth due to loan loss reserves.

Singaporean customers more satisfied with e-wallets than banks in 2020

Customer satisfaction for e-wallets was higher than that of banks.

Citi Hong Kong installs 360 solar panels on Citi Tower

In 2020, the bank reached its goal to source 100% renewable energy to power local operations.

Tonik launches neobank in the Philippines

It offers up to 6% interest rate per annum.

Kuliza, Mambu launch digital lending solution for SEA, India

Kuliza's Lend.In allows financial firms to modernise their loan products.

Japan's financial firms face activist climate votes as AGMs near

Mizuho was forced to vote on a climate-focused resolution in its AGM last year, but more firms are being targeted in 2021.

Tonik launches Philippines’ first official neobank

It offers up to 6% interest rate per annum.

China hopes for stability through stricter FHC rules: report

The rules will also hopefully insulate firms' finances from other risks.

Mergers imminent amongst Japan’s regional banks: study

Ultralow rates, competition will hurt profits to the point where revenue no longer covers operating expenses.

Clear skies ahead for Aussie banks as economy improves

Banks can withstand NPL growth due to loan loss reserves.

HSBC Singapore names new global liquidity head

Winnie Yap will be responsible for treasury solutions for Singapore firms.

Mizuho Bank halts leadership change following system glitches

The bank suffered four glitches in a span of two weeks.

Chart of the Week: Singapore card payments to rebound 10.2% in 2021

Card payments are expected to reach $96.5b in three years’ time.