1+ day, 1+ hour ago  (329+ words) QR codes and low cost smartphones pushed wallet adoption across the region in 2025. Digital wallets captured 65. 12% of the Asia-Pacific payments market in 2025, driven by QR codes, upgraded contactless technology, and wallets built into low-cost smartphones." The transaction volume for digital…...

4+ day, 15+ hour ago  (163+ words) Wiliams will lead Comm Bank's team of AI scientists. Commonwealth Bank of Australia (Comm Bank) has appointed Professor Mary-Anne Williams as its first chief AI strategist. Williams joins Comm Bank from the University of New South Wales (UNSW), where she…...

6+ day, 15+ hour ago  (200+ words) The bank expects Singapore to play a central role in deploying the funds across ASEAN. HSBC has launched a $4b credit facility dedicated to helping mainland Chinese companies in the clean energy and low-carbon sectors scale internationally, including in the ASEAN…...

6+ day, 15+ hour ago  (79+ words) The 2, 100 ECPay kiosks can deposit up to $161 per transaction. Union Bank of the Philippines (UBP) has enabled cash deposits through ECPay kiosks across the Philippines. Deposits will be posted in real-time, and customers can immediately use the funds deposited via…...

6+ day, 15+ hour ago  (187+ words) They will create new businesses to streamline costs of prescriptions and treatments. Sumitomo Mitsui Financial Group (SMBC), Fujitsu Limited, and Softbank Corp, are setting up a healthcare platform for sustainable healthcare in Japan. The companies aim to help curb future…...

1+ week, 4+ day ago  (156+ words) Raise Financial Services has acquired Green Life Insurance Broking Private Limited (GILB) for an undisclosed amount and expects to invest $15m in GILB to build an insurance distribution platform. Raise, an India-based financial services startup, said that it will build a…...

1+ week, 5+ day ago  (154+ words) They have poached two Bof A bankers to help lead its FIG group. Citi has appointed a new global head of insurance and a managing director for specialty finance for its financial institutions investment banking (FIG) group. The bank is…...

1+ week, 5+ day ago  (435+ words) They should consider AI as an operating system by itself, not whether it can write them a system. Financial institutions, when considering AI, often ask where they can use it and how it can automate workflows. But these questions will…...

2+ week, 1+ day ago  (18+ words) The Commonwealth Bank of Australia (CBA) is adopting FIS" Data Integrity Manager to streamline the bank"s reconciliations....

1+ week, 5+ day ago  (70+ words) Indonesia's banks and insurers risk missing the next phase of competition if they continue treating AI as a technology pilot....