Banking
DBS Bank to sell majority stake in AXS to Tower Capital Asia
Singapore's DBS Bank is selling a 77.8% majority stake in AXS, a provider of electronic payment services, to Tower Capital Asia. The transaction is...
Banking
DBS launches e-CNY merchant collection solution in Mainland China
Singaporean banking giant DBS has launched an e-CNY merchant collection solution in Mainland China, allowing businesses to receive payments in China's central bank digital...
Banking
Indonesia’s Allo Bank taps Tencent Cloud to enhance digital banking services
Indonesia's largest digital banking platform, Allo Bank, has partnered with Tencent Cloud to enhance its digital banking services. Through the partnership, Allo Bank will...
Banking
South Korea sets out measures to promote competition in banking sector
South Korea's financial authorities have introduced new measures to foster competition in the banking sector. The initiatives include allowing more banking players to enter...
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