News

DBS upskills sustainable financing knowledge of 1,600 relationship managers

The bank will incorporate the workshops as part of its training curriculum for incoming RMs.

Korea allows formation of new nationwide bank for first time in 30 years

FSC plans to issue new banking licenses to bolster competition.

Business grads from HK pick J.P. Morgan and HSBC as most attractive employers

Students prefer companies with a “friendly working environment."

UnionDigital Bank bags $16m more in capital

It will be utilised to grow its digital loan offerings.

Chart of the Week: 8 in 10 Chinese consumers use mobile wallets

High cost of POS terminals and insufficient payment infrastructure push e-wallet use.

New Zealand picks Citi in banking services panel

Other new panel members are ANZ Bank and Westpac.

Finmo obtains in-principle approval for MPI license from MAS

This lets Finmo’s customers receive funds in Singaporean dollars.

1 in 3 Singaporeans switched banks, insurers in 2022: study

Only 21% of respondents, however, fully trust AI chatbots in financial services.

‘Human error’ reason for DBS digital banking glitch in May

The incident caused disturbances in mobile, electronic and ATM transactions.

How Mocasa is supercharging the Philippines' credit payments market

The credit payment service company is also developing a data-driven central credit bureau.

Visa offers tap-to-pay for Hong Kong tram commuters

Commuters can now tap-to-pay their tram fares in Hong Kong

UOB Vietnam celebrates 30th year, aims 30,000 jobs creation

The bank has partnered with Saigon Children's Charity to celebrate it's 30th year of stepping foot in Vietnam.

SEA gains 8.1 million new fintech users in Q1: study

Fintech penetration in the region was estimated at 83.3%.

13.36 million credit cards in circulation in Australia: study

Credit cards contributed about AU$18.6b in national debt due to accrued interest.

Mizuho Securities US aims for 100 hires by next year

The Japan-headquartered company said it aims to expand its workforce by 30% by 2026.