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MUFG Bank to charge fees on dormant accounts
22 Jan 21
Japanese banks have been battling a low-rate environment and dwindling local market.
Standard Chartered, UOB grant $5.29b green loan to Gaw Capital consortium
21 Jan 21
It will be used to acquire the property 1111 King’s Road in Hong Kong.
Rakuten launches Taiwan's first digital-only bank
21 Jan 21
This follows after the bank received all necessary approvals from the local regulator in June 2019.
Sumitomo Mitsui Financial Group enhances ESG disclosure
20 Jan 21
The group revised its statement of human rights.
Bangladesh issues sovereign sukuk worth $463.24m
19 Jan 21
A total of 39 financial institutions participated in the auction.
India's HDFC Bank posts $1.2b in Q3 profit
18 Jan 21
Gross bad loan ratio shrank to 0.8% at end-December.
OCBC launches COVID-19 employee vaccine support programme
18 Jan 21
The bank will provide vaccine education as well as support for side effects.
Standard Chartered, Bukalapak join forces in Indonesia
14 Jan 21
They plan to launch products focused on digital banking and financial inclusion.
Grab Financial Group raises over $300m in Series A funding
14 Jan 21
Hanwha Asset Management led the funding.
India Post Payments Bank launches new service for unbanked customers
13 Jan 21
It can now served the nearly 410 million Jan Dhan account holders.
Korea Development Bank issues $1.5b bonds to foreign investors
13 Jan 21
The lender said it floated the bonds at the lowest interest rates ever.
Philippines' GCash operator secures over $175m in funding
11 Jan 21
GCash recorded a gross transaction value of over $20.8b in 2020.
Singapore central bank pushes e-hong baos for Lunar New Year
11 Jan 21
Clients who prefer physical notes can pre-order from their respective banks.
Bitcoin price tops $36,800 in South Korea
11 Jan 21
Investors see the virtual currency as a safe asset amidst new coronavirus outbreaks.
Swiss lender buys Bank of Montreal's private bank arm in Hong Kong, Singapore
7 Jan 21
J. Safra Sarasin Group said it expects the deal to close by H1 2021.
DBS launches in-house training institute for upskilling tech workforce
7 Jan 21
The institute aims for DBS employees to acquire the latest tech skillsets.
Bangladesh's Standard Bank converts operations to a full Sharia'h bank
6 Jan 21
This makes it the 10th Islamic bank in the country.
Revolut Singapore enables virtual wallet top-up via bank transfer
5 Jan 21
They can even set a part of their salaries to be automatically transferred to their Revolut wallet.
Indonesian authorities approve BRI, Alipay partnership
24 Dec 20
BRI is the first Indonesian bank to partner with Alipay.
2C2P, KBZPay to expand Myanmar's digital payments network
14 Dec 20
This allows KBZPay clients to make payments to 2C2P merchants.
SC Ventures, Northern Trust launch cryptocurrency custody solution
10 Dec 20
It will provide custody services for the most-traded cryptocurrency assets such as Bitcoin and Etherium.
Bangkok Bank unveils Thai conversational AI engine
10 Dec 20
It has achieved a 96% accuracy rate, based on internal tests by the bank.
Mastercard, MatchMove, Tappy to enable payment chips in wearables
9 Dec 20
MatchMove cardholders can add their MatchMove Mastercard to this chip.
Hang Seng Bank unveils remote business account opening service
8 Dec 20
The bank also set up a service hotline and live chat service to assist with the process.
Payments platform 2C2P relocates Singapore head office
4 Dec 20
The firm reportedly expanded its Singapore team by nearly 30% during the pandemic.
MonetaGo, GUUD partner to expand Asian operations
4 Dec 20
GUUD will be bolstered by MonetaGo's Secure Financing platform.
Citibank rolls out Citi Plus in Hong Kong
4 Dec 20
Its clients can obtain customized wealth management information and knowledge kits.
StanChart launches SGD sustainable time deposit product
2 Dec 20
Its recent study found ample interest in sustainable investing from affluent Singaporeans.
P2P lending platform Rai Capital launches in Cambodia
26 Nov 20
It can onboard investors outside of the country.
Thailand's KBank, Central JD Fintech launch one-stop digital loan app
26 Nov 20
They expect around 100,000 loan applications to be approved by 2021.
DBS, JD Logistics provides supply chain financing to local SMEs
25 Nov 20
JDL's e-commerce SMEs can now enjoy real-time data exchange and other services.
Malaysia's Instapay Technologies, Onfido partner for ID verification
25 Nov 20
Instapay users can now sign up through a selfie.
DigibankASIA picks Mambu to power new digital bank
25 Nov 20
DigibankASIA has selected the Philippines for the rollout of the new lender.
MAS pilots upgraded RMB funding facility
23 Nov 20
It will discontinue the current RMB liquidity facility on 23 November.
Vietnam's FE Credit, JCB International pilot new credit card
23 Nov 20
Benefits include a loyalty programme and 0% retail installment.
Resolution of India's Lakshmi Vilas Bank brings relief
20 Nov 20
The Indian central bank has always been supportive of its lenders, analysts said.
DBS to float remote work option for employees
18 Nov 20
It will launch a job-sharing scheme for two workers to fill a full-time role.
Hang Seng Bank to waive fees, float digital enhancements
17 Nov 20
A number of general banking fees will be waived effective 1 January.
Aspire, Xero partner to minimise data errors for SMEs
17 Nov 20
Aspire transactions will be imported into Xero hourly.
Philippines' PayMongo, Vesta partner for stronger fraud protection
4 Nov 20
It will entail assessment and real-time reporting for PayMongo's customers.

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