Singapore
Bangladesh issues sovereign sukuk worth $463.24m
Bangladesh issues sovereign sukuk worth $463.24m
A total of 39 financial institutions participated in the auction.
Singapore central bank amends rules on managing tech risks
Financial firms should analyse and share threat intelligence within the ecosystem.
Even with the arrival of the digital banks, don't write off the incumbents
Much has been written about the likely death of incumbent banks in the face of coming competition from neobanks (or digital banks) soon to be launched in Singapore, that will be more nimble and agile, have more streamlined processes and lower cost overheads, be free of any legacy (in the form of infrastructure, and mindsets) and give customers exactly what they want.
OCBC launches COVID-19 employee vaccine support programme
The bank will provide vaccine education as well as support for side effects.
Singapore tightens regulation of virtual payment entities to combat risks
DPT activities carry higher inherent money laundering and terrorism financing risks.
SFF x SWITCH 2020 To Feature 40 Global Satellite Events
Kicking off on 7 December, the conference features key luminaries that include Bill Gates, NZ PM Jacinda Ardern, amongst others.
Find out how your finance app ranks against the best performers in the industry
Adjust and Apptopia provide an overview of mobile finance in the Mobile Finance Report 2020.
Mobile finance is quickly establishing itself as an integral part of everyone’s daily lives, whether that’s in advanced economies—where mobile apps provide an unparalleled ease of use—or in emerging markets—where mobile finance is bringing banking services to people historically out of reach of the banking industry.
Aspire, Xero partner to minimise data errors for SMEs
Aspire transactions will be imported into Xero hourly.
Rough road ahead for big three banks after improved Q3
OCBC, DBS, and UOB’s earnings rose in Q3—but 2021 presents a tough test as fiscal, monetary relief gets withdrawn.
How Spenmo helps businesses secure direct loans
The platform also allows merchants to effectively manage expenses.
Weekly Global News Wrap: Revolut to apply for US bank licence; G7 to block Facebook's Libra
And Credit Suisse hires former Bank of America investment banking head.
Bank-Genie, Cufa rolls out banking solutions for Myanmar's credit unions
Bank-Genie’s BanqIn will migrate customers’ data in a single platform.
APAC investment banking fees hit record-high $20.7b in 9M 2020
ECM and DCM fees both hit record-high levels.
APAC banks' problem loans to double by 2022: Moody's
India and Thailand are the most vulnerable.
Contactless payments shift to overdrive as APAC locks down
Individuals and businesses scramble to adapt, but pitfalls remain.
How Citi ASEAN's workforce champion adaptability, diversity
Joel Fastenberg talks about how Citi rose to the challenge of digitization, work-from-home and diversity.
Singapore investment banking fees down 39.9% in 2020 YTD
Although M&A activity has picked up in Q3 it is still lower than levels recorded last year.
Commentary
Banks retreat, private credit advances: Asia Pacific’s quiet lending revolution
Human Sparsity Blockchain: A citizen-validated ledger for digital finance supervision
Will stablecoins disrupt the banking business?
Digital transformation starts with leadership
The future of Asian banking isn’t ‘AI-first’ – it’s ‘fearless-first’