-
2 weeks ago | 
asianbankingandfinance.net | Frances Gagua
Monetary authorities in Asia are about to bring Project Nexus to market. The Philippines is working with Malaysia and Japan to link their instant payment systems for merchants, though the ultimate goal is to go beyond bilateral ties in favour of a multilateral approach, according to a senior central bank official.
-
2 weeks ago | 
asianbankingandfinance.net | Frances Gagua
The lending app only requires an ID, a smartphone, and an internet connection. Six years after its launch, fintech WeFund Lending Corp., which operates the JuanHand app, is now powering the lending services embedded in the Philippine operations of Lazada and TikTok Shop, two of the biggest e-commerce platforms in the country. JuanHand powers Lazada FastCash, a lending service embedded in the platform for shoppers short on cash, and TikTok PayLater, TikTok Shop’s buy now, pay later service.
-
2 weeks ago | 
asianbankingandfinance.net | Frances Gagua
The lending app only requires an ID, a smartphone, and an internet connection. Six years after its launch, fintech WeFund Lending Corp., which operates the JuanHand app, is now powering the lending services embedded in the Philippine operations of Lazada and TikTok Shop, two of the biggest e-commerce platforms in the country. JuanHand powers Lazada FastCash, a lending service embedded in the platform for shoppers short on cash, and TikTok PayLater, TikTok Shop’s buy now, pay later service.
-
2 weeks ago | 
asianbankingandfinance.net | Frances Gagua
The ultra-rich have started looking at small and mid-sized companies. Indian investors including private creditors are increasingly taking a chance on startups despite global headwinds, betting that they could become the next unicorn or future large cap.
-
2 weeks ago | 
asianbankingandfinance.net | Frances Gagua
The ultra-rich have started looking at small and mid-sized companies. Indian investors including private creditors are increasingly taking a chance on startups despite global headwinds, betting that they could become the next unicorn or future large cap.
-
3 weeks ago | 
asianbankingandfinance.net | Frances Gagua
Artificial intelligence should not diminish banks’ responsibility to uphold data privacy. The Philippine central bank seeks to regulate the banking sector’s use of artificial intelligence (AI) as part of a push for ethical use and better accuracy. Regulations that will be issued later this year would cover the remaining 10% to 20% area that is “untouched” by rules that cover, but are not specific, to AI, said Melchor T.
-
4 weeks ago | 
asianbankingandfinance.net | Frances Gagua
The service, which allows cardless transfers, is now available in all Philippine cities. Rizal Commercial Banking Corp. (RCBC) expects its neighborhood banking initiative to continue growing this year after posting a 30% increase in transaction value in 2024. Called ATM Go, the service allows cardless withdrawals, deposits, transfers and bill payments through partner merchants such as mom-and-pop stores, rural banks, cooperatives and small and medium enterprises in the countryside.
-
1 month ago | 
asianbankingandfinance.net | Frances Gagua
She credits her propensity to ask questions for becoming one of HSBC’s top leaders. HSBC Holdings Plc’s Yvonne Yiu thinks the future of payments is undeniably digital and real time, and the tech is already revolutionising both consumer and business transactions both in terms of convenience and efficiency. Digital solutions allow HSBC clients to move money around the world 24/7, the British lender’s Head of Global Payments Solutions, Greater China told Asian Banking & Finance.
-
1 month ago | 
asianbusinessreview.com | Frances Gagua
The Vietnamese digital bank owes its success to quick loans and low-limit credit cards. Ho Chi Minh-based Cake Digital Bank broke even in December 2024, joining an exclusive list of digital banks in Asia that have started taking an ever-widening slice of the financial industry. It credits its success to taking care of smaller financial needs such as quick loans and low-limit credit cards that traditional players have spurned.
-
1 month ago | 
hongkongbusiness.hk | Frances Gagua
She never saw her banking job as one with a bias for either men or women. The Bank of East Asia’s (BEA) Ivy Chan has her work in risk management cut out for her this year: most recently, there's US President Donald Trump doubling down on tariffs in an escalating global trade war. Chan's job is to assess which clients will be most affected — and who might benefit.
