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Eight in 10 Filipinos are optimistic about formal credit options
However, 42% said there were no changes in the accessibility of formal credit alternatives.
Eight in 10 Filipinos are optimistic about formal credit options
However, 42% said there were no changes in the accessibility of formal credit alternatives.
BSP onboards first non-bank e-money issuer in real-time settlement system
OmniPay no longer needs an existing RTGS participant to sponsor their settlement.
HSBC HK unveils debit, supplementary card waiving foreign currency fees
The cards also offer a 0.5% instant cash rebate on all spendings.
Indonesian fintech investments halved in 2023: study
Seed-stage and early-stage funding plummeted during the year.
SG startup Qashier launches QR payment terminal
It accepts the majority of e-wallet QR payments and is expected to benefit hawkers and minimarts.
AlipayHK warns of phishing messages
There are individuals sending out messages claiming to be from AlipayHK.
Taiwan domestic banks extended more loans in November
The bad loans ratio fell by 0.01 percentage point, according to the FSC.
Asian Banking & Finance Awards 2024 opens nominations for outstanding banks, finance companies
Financial institutions may send their entries to the Wholesale Banking Awards, Retail Banking Awards, and Corporate and Investment Banking Awards until 3 May 2024.
NETS replacing FlashPay Cards with Prepaid Cards
NETS FlashPay Cards can be exchanged for NETS Prepaid Cards at any 44 SimplyGo Ticket Offices.
HSBC launches Premier Elite for high-value customers
The bank collaborated with actor and director Stephen Fung for its launch campaign.
Hang Seng Bank warns against fake mobile investment app
The app falsely uses the Hang Seng Bank logo.
Banking sector leverages Gen AI for enhanced productivity
Banking industry is expected to reap $200 to $340 billion USD largely by using generative AI to increase productivity.
South Korean banks’ bad loans ratio up in October
The proportion of bad loans rose whilst resolved loans decreased by around US$1.29b.
Malaysian banks see corporate, household loan growth in November
Outstanding loans extended to SMEs expanded by 7.9% during the month.
Philippine central bank amends policy on bounced checks
It has also reintroduced the Intraday Settlement Facility for banks.
ZA Bank rolls out tax loan, offers cash rewards
Even unsuccessful loan applicants can receive a reward.
Singapore warns of scammers impersonating central bank officers
About 41 individuals have fallen victim to scammers, with $2.6m in losses.
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