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Raast set to revolutionise digital payments in Pakistan

Market development, operational challenges, and payment preferences are going to shape consumer engagement with the new instant payment platform

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HSBC Holdings chooses Asia to accelerate business growth after plans to sell…

HSBC Holdings is looking to focus capital from its underperforming businesses in Europe and the United States and invest $6 billion in Asia over a period of five years

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OCBC's digital services and community support provide relief amid COVID-19

OCBC Bank’s digitalisation efforts helped deliver uninterrupted service to customers during COVID-19. It also provided various relief measures to help customers and supported communities through financial donations and job creation

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CCB sets the pace for green and sustainable finance

China Construction Bank has identified green and sustainable finance as a foundation of its long-term development. Its chairman and executive director, Tian Guoli, outlines the bank’s strategies, initiatives and achievements in this important…

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Mastercard and Island Pay launch CBDC linked prepaid card in the Bahamas

Mastercard and Island Pay launched a prepaid card which allows users to transact using the Central Bank of The Bahamas issued digital currency - Sand dollar, and exchange it for Bahamian dollar in any shop that accepts Mastercard

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Digitisation puts India’s banking industry on a positive trajectory

India’s financial payments and banking industry is expected to invest more on new technologies and improve existing infrastructures and capabilities. According to a Moody’s report, however, only some of India’s largest banks and financial…

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WFE 2020 Market Highlights: “Global exchanges hit new highs amid disruptive…

WFE has just published its latest market highlights report that studied the impact of the events of 2020 on markets across capitalisation, listed companies, IPOs, volumes and value traded in multiple assets classes including equities, derivatives…

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DBS 2020 net profit falls 26% as fourth quarter performance reveals weakness

DBS full-year 2020 net profit fell 26% to SGD 4.72 billion ($3.5 billion) despite record operating profit of SGD 8.43 billion ($6.3 billion) as total allowances quadrupled and net interest margin hit new low


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