Digitalisation

The cooperation includes USD and CNY settlement and transfer services in Hong Kong and mainland China.

The 21-member group will advise on expanding bond tokenisation beyond a series of government pilots, as Hong Kong accelerates its digital financial development.

Yang Wen, Swift's head of North Asia, shared his views with CT on how ISO 20222, fraud detection, AI-driven analytics and digital payments, including on wallets, are evolving in Asia Pacific.

The former MoneyHero Group CFO succeeds Jared Shaw, as the digital assets group strengthens its finance leadership for its next growth phase.

The Singapore telecoms firm is set to spend S$1.2bn on data centres, equipment and fit-outs for GPU-as-a-service facilities and AI; in February it invested in a data centre firm with KKR.

As the war in Iran drags on, the Small Industries Development Bank of India has been handed a capital infusion to improve credit flow to MSMEs in rural areas, support technology initiatives and to partner with local banks.

Digital Edge has closed its first $575m HoldCo financing as the data centre firm expands its footprint across South Korea, Japan, India and Southeast Asia; the deal, which swiftly follows a $880m green loan in Thailand, has a feature to convert into a SLL.

From the use of antibiotics, to biodiversity, to battery makers, to data centres, to shipping, the region's firms are teaming up with banks to help support a wide range of sustainability efforts with clearer targets.

The link is available at businesses and is between Indonesia’s Quick Response Code Indonesian Standard (QRIS) and apps from Alipay and UnionPay International.

CT's 2026 Awards, that recognise a wide range of treasury strategies and functions across Apac and the Middle East, are still open for entry.

The payment firm is exploring blockchain and Web3 digital finance in the Special Administrative Region.

As geopolitical shocks compress planning horizons and AI reshapes finance, Asia's finance professionals are rebuilding and reassessing their functions, said an expert panel from Henderson Land, Chai Tai Fook Enterprises and SF Supply Chain.