APAC

Japan and Indonesia renew their bilateral swap agreement

The size of the BSA is up to $22.76b or its equivalent Japanese yen.

Japan and Indonesia renew their bilateral swap agreement

The size of the BSA is up to $22.76b or its equivalent Japanese yen.

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.

AI Governance: Navigating the Balance Between Innovation and Ethics

As AI becomes prevalent in various spheres of business, the need for governance around it becomes critical.

3 in 5 use real-time cross-border payments to send money to family and friends

This is higher than those who use it to pay for goods and services.