In February 2025, HSBC — one of the world’s largest banks — announced it would sell its retail banking and wealth management... Read more

DBS Bank has appointed Rajat Verma as the new CEO of its India operations, effective March 1, 2025, succeeding Surojit Shome.... Read more

MAS and ABS will introduce electronic deferred payment solutions (EDP and EDP+) in mid-2025 to replace cheques, enhance digital pa... Read more

Public Bank reports impressive 18% YoY net profit growth in H1 2023, driven by strong loans and deposits, while its subsidiaries i... Read more

MAS to phase out corporate cheques by 2025, charges for SGD Cheques Start Nov 2023 due to a fall in their usage and consequent inc... Read more

Online payments have become a regular part of our life. We do online transactions, not just with debit or credit cards, but also w... Read more

Commercial banks serve larger customers than the standard retail bank and it provides businesses with similar offerings. ... Read more

South Korea’s kakaobank is the most recommended retail bank in Asia Pacific in 2022, the second time that the standalone digital... Read more

Amazon would no longer accept Visa credit cards for payment due to the high fees of processing credit card transactions in UK.... Read more

Capital One has agreed to acquire TripleTree, a leading advisory platform that serves health care companies and it will operate un... Read more

Citigroup exits in 13 international consumer banking markets to shift its focus on wealth management options. The 13 markets were ... Read more

The Central Bank of Thailand and the Monetary Authority of Singapore (MAS) have unveiled the linkage of Thailand's PromptPay and S... Read more