Asia Pacific

The Central Bank of Oman (CBO) confirmed that local banks will begin rolling out a national payment card developed under its direct supervision soon. The development is an expansion of Oman Net, the country's current domestic payments system. The card,...

Malaysia has stepped into a new age of financial services with the opening of Ryt Bank, the world's first AI powered bank built by Malaysia for Malaysians, officially recognized.  The effort is led by YTL Group and Sea Limited and...

Standard Chartered and Ant International have entered into a collaboration to roll out an AI-powered Treasury and FX management solution that integrates Ant International’s Falcon Time-Series Transformer (TST) Model with Standard Chartered’s Aggregated Liquidity Engine (SCALE). Both Standard Chartered and...

Global debit card market was valued at $95.7 billion in 2023 and is anticipated to expand to $151.1 billion through 2032 at a compound annual growth rate (CAGR) of 5.5% from 2024 to 2032. The estimated growth further solidifies...

Aon, leading global professional services firm, has entered into a collaboration with Redkik, a software innovator in logistics and transportation insurance. The move is aimed at modernising how cargo and shippers’ interest insurance are embedded across global supply chains. This...

The US is extending its pause on additional retaliatory tariffs for imports from China till November 10 as per an executive order, which was signed by President Donald Trump on 11 August 2025. The order went on to say that...

The central bank of Australia on August 12, 2025, decided on an interest rate cut in Australia by almost a quarter percentage point for the third time in 2025 to 3.6%, with inflation getting tamed as well as economic...