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Mastercard launches Wallet Pay

Digital wallets have rapidly evolved into robust, multi-service platforms, now serving over 4.3 billion users worldwide. With global usage set to top 6 billion by 2030, Mastercard is introducing Mastercard…

Citi expands North Asia desk network by 25% to support growing cross-border activity

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…

BOCHK and Ant International partner to enhance cross-border payment connectivity

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, Global Innovations Bank partner to strengthen cross-border payments over 35 countries

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…

Paymentology launches Apple Pay for GoTyme Bank in the Philippines

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…

DBS names new CEOs for Hong Kong, Taiwan and Indonesia

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 establishes tokenization hub in Abu Dhabi

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 names Jeremy Young as Chief Distribution Officer, International Brokerage, Global High-Net-Worth

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…

Revolut gets French full banking licence

Revolut Bank S.A. (RBSA) has received a full banking licence, following a joint assessment by the ACPR, the French prudential regulator, and the European Central Bank, with the decision adopted…

AllianzGI Acquires UOB Asset Management, Boosting Asia-Pacific Assets Above €170bn

Allianz Global Investors (“AllianzGI”), announced today that it has entered into an agreement to acquire UOB Asset Management (“UOBAM”), the asset management business of Singapore-headquartered UOB Group (“UOB”). The transaction…

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            Amid economic activity revival on the back of the Covid-19 vaccine program, organisations moving from business continuity plans to stable working environments, together with the slightest improvement in unemployment numbers, forced the world to adjust to new realities. Coming to terms with the “new normal”, global investors are now on the look-out for attractive and stable investment opportunities.

            Needs of Private Wealth customers and families worldwide have drastically changed due to the pandemic and banks have had to accelerate efforts to deploy a multi-channel service strategy and safeguard clients’ businesses and wealth against negative impacts of economic uncertainly.

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