Asia Financial Services News

Visa has announced leadership changes in the APAC region, with Chris Clark promoted to Chairman and Stephen Karpin as Regional President.

Alipay's Five Fortune Card Collection campaign attracted over 10 million merchants to engage with Chinese consumers over the holiday period.

The WEF’s 17th Global Risks Report found East Asia named ‘rapid inflation’ as the top threat to doing business in the next two years.

Round 15 of applications for a share in six million dollars worth of grants part of an Australian-Indian research partnership has opened.

ATX Fintech Holding has partnered with Mastercard to launch a new bill management tool that streamlines bill presentment and payment.

New figures from GlobalData have revealed payment card usage in South Korea accounted for 60.9 per cent of online payments made in 2022.

WTW announced it has merged its Australasia and Asia operations to form one APAC region effective from 1 January 2023.

Napier has partnered with GRCS, to deliver its financial crime risk management platform, Napier Continuum, to the Japanese market.

Mastercard and NTU Singapore have announced a partnership to boost the Asia Pacific region’s cybersecurity capacity through training.

The MAS announced it has extended its Bilateral Local Currency Swap Arrangement with the Bank of Japan for another three years.

Northleaf Capital Markets, has realised its intentions to expand into the APAC region by establishing a new office in Tokyo.

Thought Machine announced it has supplied the technology behind the launch of Singapore’s first cloud-native digital bank, Trust Bank.

Japan-based global payments brand, JCB, has flagged the Indian payments market as a key growth opportunity for European merchants.

Blockpass has launched its Unhosted Wallet KYC solution to help cryptocurrency companies remain compliant with new regulatory requirements.

Society Pass Incorporated has integrated Stripe Inc’s payments infrastructure with its platform offering transaction settlement services.