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30% of Singaporeans to have digital bank accounts by 2023
30% of Singaporeans to have digital bank accounts by 2023
In 2022, the percentage of adults who have a digital bank account climbed to 21%.
Nearly 2 in 5 HK adults will have virtual bank accounts by 2026
A total of 2,051,387 adults is projected to be virtual bank owners in five years.
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1. Singapore banks stretch hiring as caution deepens 2. DBS to open 18 new wealth centres by 2027 3. OCBC Hong Kong names new wholesale head and risk chief 4. Indonesian corporates raise the bar, banks urged to reinvent corporate banking and treasury services 5. DBS rolls out ‘tap-to-phone’ payments at MAX appResource Center
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Retail Banking
Indonesian corporates raise the bar, banks urged to reinvent corporate banking and treasury services
Monitor Deloitte's Prashant Krishnan urged banks to transform their relationship models to meet these demands.
Commentary
Asian firms need to get ready for digital assets and currencies
AI can build your plan, but can it hold you to it?
Built to last: How Japan is approaching the cross-border payments challenge
Asia’s 20% advantage: The simplification strategy rewriting banking from Singapore to Shanghai