Asia Financial Services News

The Bangko Sentral ng Pilipinas (BSP) has outlined the successes of its recently completed Digital Payments Transformation Roadmap (DPTR).

DBS Bank/POSB, the DBS Foundation and the Cyber Security Agency of Singapore (CSA) have joined efforts to increase consumer awareness and education around digital scams and fraud, as well as improving the bank's security controls over funds.

Wipro Limited has announced the launch of its enterprise artificial intelligence (AI) solution, Wipro Enterprise AI-Ready Platform, providing clients an interoperable solution to build their customised AI environments.

A deal forged between Mastercard and AF Payments, the company behind the Philippines' Beep payment cards, will enable contactless or 'tap and go' payments on public transport in the Philippines.

The Monetary Authority of Singapore (MAS) has released a consultation paper to collect feedback on proposals to reduce the amount of information gathered by financial institutions from customers related to selected insurance policies.

New figures from GlobalData have shown a drop in venture capital deal volume across the APAC region and all funding ranges in the past year.

CBA announced it has sold 99 per cent of its holding in its Indonesian counterpart to the Indonesian subsidiary of OCBC.

The MAS has inked two cross-border connectivity deals with Bank Negara Malaysia (BNM) and Bank Indonesia (BI).

Mastercard has completed the HKMA e-HKD Pilot Programme, designed to investigate use cases across payments and digital assets.

DBS has committed to a new hybrid financing solution for SMEs to access more capital, in an effort to encourage more sustainable agendas.

LPBank has inked a deal with banking technology provider, Temenos, to innovate the bank’s core platform for retail and corporate banking.

JCB International and Stripe have expanded their partnership to include Singapore and Hong Kong-based merchants.

The US-based financial services (FS) arm of Chinese bank, ICBC, suffered a ransomware attack on November 9.

The MAS, the ABS, the AFAS and the LIA have launched the Basic Financial Planning Guide for individuals to better their financial wellbeing.

DBS has signed an MoU with Univers to encourage the adoption of digital solutions and accelerate Asia’s net zero transition.