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The sale includes the transfer of 1,540 staff to the Philippine bank.

Profit growth was thanks to loan growth and fee income growth.

They can use the coins to redeem NFTs, e-vouchers, amongst others.

The MOU was signed in the presence of India’s prime minister Narendra Modi.

Lim is currently the COO of DBS’ Institutional Banking Group.

If it continues this trend, fintech investments will be down 39% in 2022.   Financial technology (companies in Australia raised $0.8b of capital during the first six months of the year, according to data gathered by Fintech Global. 

Users simply need to input their e-Bill number to pay their management fees.

This year’s awards programme recognised over 150 exceptional banks and financial companies.

Both branches will reopen on Saturday.

Its Shatin and Sha Tsui Road branches will reopen Friday, and Fortress Hill on Monday.

They have also been assigned to the bank’s RPT committee.

SMBC will introduce clients entering or expanding in Thailand to the EECO.

This comes as the share of cash payments is expected to fall further by 2025.

Sambamurthy has a 34-year career with Citi prior to his new role.

The partnership will enable the expansion of BNPL services on the payment platform.

And HSBC’s UK unit plans to stop collecting gender data as part of inclusivity push.