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Bank of Ayudhya pilots successful blockchain cross-border fund transfer from Thailand to Singapore
The transaction was made on the Krungsri Blockchain Interledger.
Bank of Ayudhya pilots successful blockchain cross-border fund transfer from Thailand to Singapore
The transaction was made on the Krungsri Blockchain Interledger.
HSBC ramps up senior hiring for APAC equity business
The move is part of the bank’s restructuring business.
China Everbright Bank taps on Alibaba's Ant Financial for fintech programme
The tech firm will help the bank develop cloud platforms and AI applications.
State Bank of India expects recovery after hitting rock bottom with $1.13b Q4 loss
The bank expects to grow loans at an annual average of 12% and bring bad loans below 6%.
Maybank joins GrabPay mobile wallet platform
Users will be able to use their e-wallets at Maybank’s key merchants.
ANZ disposes another Asian asset in Cambodian JV stake sale
It will sell its 55% stake in Cambodian JV ANZ Royal Bank.
CBA sells stake in Chinese insurer amidst Asian exodus
It will sell 37.5% equity interest in BoComm Life to Mitsui Sumitomo Insurance.
Bank of China Singapore ties up with online retailer to launch co-brand credit card
The partnership means that cardholders can enjoy up to 20% rebate on Qoo10 spend.
New Zealand's ASB enables contactless purchases via smartwatch
A partnership with wearable firm Garmin is set to provide on-the-go customers with the digital option.
BRI rejects rumours of Sharia bank stake purchase
The purchase may need more foresight as the bank in question has high bad loan levels.
OCBC to roll out fingerprint-based credit card payments
This eliminates the need for multiple payment devices.
MUFG Bank consolidates Asian branch operations to Manila
The Manila office will assume operations from Singapore, Sydney and Taipei.
Bank of Singapore inks deal with Sumitomo Mitsui subsidiary
The MOU aims to highlight BOS banking services to SMBC Trust Bank’s high net worth clientele.
Fraud-hit PNB needs $1.91b in capital infusion to meet regulatory requirements
The massive capital shortage is expected to cripple loan portfolio up to 2019.
Vietnam's OCB guns for $1b market cap in Vietnam IPO
The bank intends to sell $35m of shares via private placement in Q3.
OCBC unveils three-year hybrid unit trust
It combines a fixed maturity product through a call option strategy.
UOB reportedly halting foreign currency banknote supply in Taiwan
The move comes amidst tighter anti-money laundering rules in the region.
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Why Philippine banks, insurers embrace hyper-personalized services
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Industry experts push for the rapid progress of unified customer data as a starting point.
Industry experts push for the rapid progress of unified customer data as a starting point.
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