Payments, fintech and the money moves powering Asia's retail economy.
BridgerPay, a payment technology pioneer in the payments industry, is proud to announce its transformation into a powerful omnichannel payment operations platform, bringing unparalleled control and flexibility to businesses seeking to streamline their payment…
The Securities and Exchange Commission has delivered a landmark approval of spot Bitcoin exchange-traded funds. This is a highly anticipated event that is expected to further crypto’s entry into mainstream finance. The US Securities and Exchange Commission…
In a recent update, Google Wallet for Wear OS has expanded its capabilities to include support for airline boarding passes. This comes after the addition of loyalty card support back in December. Your Wear OS 3+ device will now display a new notification from…
The State Bank of Vietnam (SBV) is considering proposals from investors to restructure the Saigon Commercial Bank (SCB), a bank experiencing financial difficulties. After SCB faced a run in October 2022, the central bank put the private lender under special…
Samsung Wallet, the app that lets users store and manage their cards, tickets, and coupons on their Samsung Galaxy smartphones, has added a new feature: mobile driver’s licenses and state IDs. The company announced back in October that it will bring this…
The second-largest hardware chain in the U.S. has finally decided to support Apple Pay. For those who don’t know what Apple Pay is, it is the mobile payment service that allows an iPhone user to select a credit, debit, or prepaid card from the Wallet app and…
National Citizen Bank (NCB) has approved a private placement to issue 620 million new shares in 2024 to double its capital. The issuance is scheduled for the second quarter. The issued shares will be blocked from trading for one year. If the plan succeeds,…
Citi brought together about 100 leaders in the Vietnam technology landscape, including founders, management teams, and investors, to discuss how the new economy is shaping the future of Vietnam. The Vietnam Digital Leaders Summit 2023, hosted by Citi…
The U.S. dollar rose against the Vietnamese dong Wednesday morning. Vietcombank sold the dollar at VND24,450, up 0.08% from Tuesday. The State Bank of Vietnam raised its reference rate by 0.10% to VND23,951. The greenback went up 0.08% to VND24,700 on the…
This past summer we told you that global investment banking firm Goldman Sachs, Apple’s partner in the Apple Card, was looking to exit the partnership. At the time, American Express was considered a possible replacement for Goldman Sachs. The Apple Card…
Mastercard today announced that its joint venture entity, Mastercard NUCC Information Technology (Beijing) Co., Ltd., has received formal approval from the People’s Bank of China (PBOC) and the National Administration of Financial Regulation (NAFR) to…
KASIKORNBANK FINANCIAL CONGLOMERATE has acquired additional investments in PT Bank Maspion Indonesia Tbk (Bank Maspion) in Indonesia through KASIKORN VISION FINANCIAL PTE. LTD. (KVF) and PT. KASIKORN VISION FINANCIAL INDONESIA. Following the capital…
Switzerland’s largest bank puts out a view predicting a drastic cut in US interest rates by the Federal Reserve. Their forecast is completely out of sync with the rest of the market and peers. Every year, Saxo chief economist Steen Jakobsen draws significant…
Funds belonging to the Zug-based private equity specialist sell a stake to Alibaba.com. The China-based B2B platform intends to use it to expand and grow in Europe. Capvis has managed a coup. The Baar based private equity specialist has completed the sale of…
Last year was so good for the consulting firm that it now leads the Swiss market. The financial sector plays an important role in that, says managing partner Gustav Baldinger. Digital transformation, consolidation, regulation. What ends up giving executives…
Vietcombank remained the biggest profit earner among lenders in the third quarter, a period in which half of all listed banks saw smaller profits following a race to lure deposits. Vietcombank made a profit of VND9 trillion (US$375 million) in the third…
Weekly Briefing
Tuesday, Thursday and a Saturday Weekly Wrap: the retail stories, numbers and moves that mattered across Asia. Nothing else, and you can unsubscribe in one click.
Read by retail operators, investors and brand teams across Asia.