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The bank aims to increase wealth management revenue and AUM by 8-10% annually through the strategic use of digital tools and branch interactions.

Striking the balance between mobile and online offerings as well as physical branches is key.

The bank is enhancing its digital capabilities beyond portfolio reviews to support a growing number of online transactions.

It has a solution that can recognise the type of documents being scanned and extract data from images.

By refusing to ditch the physical bank branch and prioritising the improvement of its mobile offerings, DBS has fully embraced the phygital model in India.

Potential web-only players could target both the unbanked and the affluent segment.

Lenders are offering digital loans for farmers, a 10-minute paperless account opening process, and money transfers through mobile numbers.

Lenders are introducing self-service lounges, cardless withdrawals and biometrics to grow their millennial client base.

Paperless applications and facial recognition tech for eKYC are key components.

Employee upskilling is also a priority to ensure that workers can keep up with digital developments.

Its wholesale banking unit is ditching the pyramid structure in favour of self-steering teams.

Affluent clients in the region can unlock sophisticated and customised investment opportunities in the U.S.

The bank is the first major player in Thailand to apply blockchain to enhance supply chain transactions. Krungsri is leveraging on the knowledge from its Japanese parent, Mitsubishi UFJ Financial Group (MUFG), as well as new technologies to rapidly grow its commercial customer base in Thailand. The bank pioneered the use of decentralised ledger technology to significantly increase the speed, transparency and accountability of supply chain transactions and expand capital access to cash-short SMEs. It has been six years since MUFG acquired 76.88% of the Thai bank, and since then, it has wasted no time in transferring knowledge, skills and all-important market access to its local subsidiary. By banking on emerging technologies, Krungsri hopes to sustain robust asset growth figures in its commercial banking business.

The platform has attracted millennials, housewives, and overseas workers that have been investing as low as $96 at 8-30% per annum.

Credit Culture offers personalised and instant loan terms from its proprietary credit-scoring engine.

Despite a world-leading compliance regime, firms risk another 1MDB scandal by failing to assess malpractices of external links.