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Asian Banking & Finance - The Latest News, Analysis, Profit Results, Share Price Information, and Commentary. Asian Banking & Finance covers all Asia business, economic, investment, fintech, bank, finance news, and more.
- 131articles · 30d
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- Aug 17, 2026earliest in window
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News
Ant International launches protocol for agentic AI payments
12+ hour, 11+ min ago (261+ words) 10 mobile wallets and 7 acquiring partners will adopt the protocol in the first phase. Ant International has rolled out an agentic mobile protocol (AMP) globally that enables its partners to deploy artificial intelligence (AI) agents that execute payments. With the protocol,…...
New Zealand admits first non-bank member to payment settlement system
3+ day, 12+ hour ago (174+ words) All payments must first settle in ESAS before reaching their destination. The Reserve Bank of New Zealand (RBNZ) has approved the first non-bank member to New Zealand's Exchange Settlement Account System (ESAS). The Nelson Building Society, a non-bank deposit taker,…...
Singapore banks complete tokenised deposit pilots
4+ day, 10+ hour ago (129+ words) DBS, OCBC, and UOB tested the technology for payments beyond traditional processing hours. DBS, OCBC, and UOB have completed their first live domestic Singapore dollar (SGD) interbank transactions using tokenised deposits on Swift's blockchain-based ledger. Pilots have shown that clients…...
Ant, Mastercard, Visa build common AI agent identity framework
4+ day, 12+ hour ago (194+ words) They aim to streamline AI agent onboarding and identification. The framework will be based on shared principles while preserving each network's own verification and decisioning processes, according to a joint statement of 10 September 2026. The three companies aim at helping card…...
Stablecoin payment growth slows to 23% in 2026
5+ day, 17+ hour ago (191+ words) Cross-border payment volumes using stablecoins rose by an estimated 64% year on year in 2025, compared with 9% growth for traditional fiat payments. Consumer-to-business, or C2B, stablecoin payments recorded the fastest growth at 72%, compared with 7% for fiat payments, according to data from FXC Intelligence…...
DBS and Citi settle USD payments in minutes via tokenised deposits
6+ day, 10+ hour ago (220+ words) Citi and DBS said it complements their existing services and tokenised offerings. DBS and Citi have successfully made US dollar payments between Singapore and the United States using tokenised deposits via the Swift digital ledger. The transaction took minutes to…...
APAC has mastered domestic payments. The next challenge is connecting them.
6+ day, 9+ hour ago (295+ words) Success will come from making cross-border payments feel as familiar and predictable as domestic ones. For years, payments innovation across Asia has focused on making domestic transactions faster, cheaper, and easier. From UPI in India and PayNow in Singapore to…...
Mastercard names Beena Pothen division president for West Southeast Asia
1+ week, 10+ hour ago (109+ words) Mastercard has appointed Beena Pothen as division president, West Southeast Asia. Pothen will lead Mastercard’s business across Singapore, Malaysia, Thailand, Brunei, and Myanmar. Pothen was previously country manager for Malaysia and Brunei. Her appointment comes with the introduction of Mastercard’s…...
Singaporeans lead in digital wallet adoption but AI commerce trust lags
1+ week, 16+ hour ago (268+ words) Mobile wallets are now the preferred way to pay when travelling. Singaporeans are amongst the most enthusiastic adopters of integrated digital wallet experiences globally, but privacy concerns and a preference for human control are holding back full adoption of AI-powered…...
Singaporeans lead demand for integrated travel apps but distrust AI for payments
1+ week, 16+ hour ago (268+ words) Mobile wallets are now the preferred way to pay when travelling. Singaporeans are amongst the most enthusiastic adopters of integrated digital wallet experiences globally, but privacy concerns and a preference for human control are holding back full adoption of AI-powered…...