Saudi Arabia’s banking sector continued to expand in July 2026, with total assets reaching SAR 5.75 trillion ($1.5 trillion), according to the latest data from the Saudi Central Bank (SAMA). This was a 0.27% increase from SAR 5.73 trillion in June and a 6.71% rise from SAR 5.38 trillion in…
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Citi today announced a significant expansion of its North Asia and Japan corporate banking desk network, increasing headcount by 25% and adding dedicated bankers in six locations worldwide. The expansion…
Royal Bank of Canada (RBC) has established Global Transaction Banking (GTB) as a unified global business, advancing RBC’s role as a globally connected bank providing trusted expertise to help clients…
Companies across Asia Pacific continue to wait an average of 79 days to receive payment for goods and services delivered, against the backdrop of elevated financing costs, according to a…
Ant International and Bank of China (Hong Kong) (“BOCHK”) announced that the two parties have forged a strategic partnership. Leveraging BOCHK’s banking strengths and Ant International’s leading fintech and AI…
Afriex, the cross-border payments infrastructure company processing more than $600 million in annual payment volume, today announced a new sponsor and settlement banking partnership with Global Innovations Bank (GIB). The…
At the 2026 BRICS summit in India, countries in the group discussed the possibility of linking their domestic fast payment systems and central bank digital currencies, or CBDCs. Reserve Bank…
Paymentology, the leading global issuer processor, today announced the successful launch of Apple Pay for GoTyme Bank in the Philippines. Through this launch, GoTyme becomes one of the first issuers…
After an illustrious 16-year career with DBS, Sebastian Paredes, Head of North Asia and CEO of DBS Bank (Hong Kong), will be retiring from executive duties on 1 March 2027….
Coinbase has received Financial Services Permission (FSP) from the FSRA to establish its international tokenization hub in ADGM, the international financial centre of Abu Dhabi, the Capital of the United…
Manulife announced the appointment of Jeremy Young as Chief Distribution Officer, International Brokerage, Global High-Net-Worth, effective immediately. Mr Young has served as Interim Chief Distribution Officer since March, providing strong…