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HDFC Bank launches India’s first mobile app-based digital credit card
PIXEL is a fully digital credit card designed for the mobile-first generation.
HDFC Bank launches India’s first mobile app-based digital credit card
PIXEL is a fully digital credit card designed for the mobile-first generation.
FinTech companies drive crucial cross-border transactions
The demand for faster payments, cheaper costs, and payment flexibility are three big trends for cross-border transactions.
Deutsche Bank nabs Citi banker as head of global corp coverage in India
Manik Chhabra joins Deutsche Bank beginning 19 August.
DBS launches multi-currency commercial debit card
Businesses can lock in rates 1 year in advance.
Military Commercial JS Bank to sustain profits despite rising bad loans
Its NPL ratio deteriorated to 1.6% in June 2024 vs 1.4% a year earlier.
Chinese banks must move from size reliance to sustain profits
Most struggle to diversify their income sources as they seek short-term growth.
Airwallex now processing $100b annually
This was anchored by its Americas expansion and APAC revenue growth.
Japan’s card payments market value to grow 10.8% in 2024
Credit and charge cards made up 96.5% of all card payment transactions.
UOB seeks to be ASEAN's top cross-border trade bank by 2026.
It aims to be the number 1 cross-border trade bank in ASEAN.
Mizuho Bank’s Tier 1 Capital Ratio at 14.26% in June
This is 0.66 percentage points (ppt) higher than in March 2024.
Hong Kong central bank launches gen AI sandbox
Banks are encouraged to make full use of the sandbox.
CBA to retain capital levels despite buyback, high dividend payout
Cash net profit after tax declined 2% in the latest financial year.
South Korea’s corporate loans rise in July; deposits decline
Tax payments and outflow of funds for various reasons led to the drop.
Japan Post Bank’s net income up 10.8% in Q1
Net income per share is JPY26.61.
SoKor household loans rise in July on more mortgages
Demand may also be higher due to the summer vacation season.
Korea, Turkey renew bilateral swap agreement
The extension is effective for a period of 3 years beginning August 2024.
NETS unveils terminal-less contactless payment solution
It accepts card payments and QR payments from local and overseas apps.
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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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