News

Bad loans of South Korean banks rose in April

Business loans classified as SBLs fell slightly.

Bad loans of South Korean banks rose in April

Business loans classified as SBLs fell slightly.

Alipay+ available to Asian tourists for Barcelona, Madrid Clarins purchases

About 60% of Clarins Spain shoppers are from Asian nationalities pre-pandemic.

Axis Bank names Nurani Subramanian Vishwanathan as independent director

Vishwanathan has had diverse experiences as a central banker since 1981.

ING closes $404.8m infrastructure securities for the Hong Kong Mortgage Corp

ING also acted as the sole finance adviser for the issuance's sustainable tranche.

Worldpay terminates OxPay deal over alleged clause breach

The termination could affect the company's financial standing end-2023.

TaishinPay QR payment now available in South Korea

The Taiwanese digital service also plans to include two-way ATM withdrawal capabilities.

UOB, Keppel to offer sustainable and digital solutions to SEA businesses

The primary objective of these solutions is to assist companies in their endeavours to achieve decarbonisation.

Japan’s card payments market to be worth $742.2b in 2023

Growing consumer preference for electronic payments will push a 7.5% growth in value.

Japanese insurers, banks to build sustainable finance platform

The collaboration seeks to build a digital platform for investment institutions.

Deutsche Bank allocates $200m in Vietnam branch

The Vietnam business doubled its revenue in the past two years, the bank said.

KakaoBank modernises data management system

The mobile-only bank targets to modernise its data management system.

Public Bank posts 22.6% net profit surge in Q1

It expects market volatility to be heavily influenced by US and EU banking environment.

Cambodia's Sathapana Bank incorporates AI for credit risk management

It aims to power its credit risk management with Artificial Intelligence (AI).

Hang Seng warns customers of faux Instagram account

This is the fifth time in May that Hang Seng Bank warned of a fake account.

South Korea’s financial regulator boosts efforts for fair trading in capital markets

Penalty surcharges and boosting early detection systems are amongst the solutions.

Mastercard links with Indonesian Telecom firm for digital payments

Mastercard and Indosat Ooredoo Hutchison (Indosat) have formed a strategic partnership to enhance Indonesia's digital payment landscape.