APAC
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Japan and Indonesia renew their bilateral swap agreement
The size of the BSA is up to $22.76b or its equivalent Japanese yen.
ING names Uday Sareen as APAC chief exec and head of wholesale banking
He first joined ING in 2007.
Standard Chartered launches digital request quote module Autoquote
Clients can request pricing quotations and get responses digitally.
Citi, Mastercard launch global cross-border payments
It will be available in 14 markets worldwide, with plans for further expansion.
Citi launches Token Services for Cash for institutional clients
It is expected to facilitate multi-million dollar cross-border liquidity and payments.
Why banks will be ‘invisible’ by 2030
They either become the platform or willingly lose their brand visibility.
India and Maldives ink currency swap agreement
The agreement is valid until June 2027.
Finance sector marketing budgets under pressure in 2024 amidst disruptions
Marketing expert tells three strategic approaches for turbulent times.
Mongolian banks enjoy improved governance and asset quality
The listing of D-SIBS in 2022 has improved disclosure and asset quality.
Asian businesses brace for stricter lending standards— survey
Over half of respondents said that lending standards will become more restrictive.
QR codes and low costs drive mobile wallet adoption in APAC
Even cash focused countries like the Philippines, Thailand, and Malaysia saw a high level of adoption.
Alipay+ sees overseas use of payment partner apps triple in 9M 2024
Spending for F&B, attractions, and transportation recorded double-digit increases.
7 in 10 consumers use ‘financial gymnastics’ to maximise rewards
Credit cards remain to be the top choice, with 47% saying that this drives their usage decisions.
Breaking barriers: Building the future of cross border payments in Southeast Asia
Global value of cross-border payments is expected to reach $250t by 2027.
More digital banks make a profit, but still face higher credit risks
As they grow, they shouldn’t rely on their parent companies to back them up.
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