News
Hong Kong’s livi bank doubles customer base to 200,000 by end-2021
Hong Kong’s livi bank doubles customer base to 200,000 by end-2021
Its buy now, pay later service has received over 60,000 applications.
Reaching the future of banking through modernised operations and data management
Banks are now compelled to up the ante to compete with fintechs who have grown wise in leveraging data.
Happy holidays, one and all!
Asian Banking & Finance will be back on 10 January 2022.
India’s card payments market to grow 31.2% in 2022
Growing adoption of electronic payments will help push up the card market.
VP Bank appoints Chris Chee as Chief Risk Officer for Asian operations
He has held leadership positions in RBC Singapore, ANZ, UBS, and DBS.
NTUC Income’s BIX onboard UOB Asset Management’s digital advisory service
UOBAM Invest is the first partner to be onboarded in the BIX platform.
Westpac hit with protest vote against exec pay plans: report
The Australian lender faces paying up to $81m for charging fees to dead people.
Why banks need more tech experts in their board rooms
Massive adoption of tech without critical tech advice from experts could spell doom for lenders.
Philippine-based BDO to reimburse 700 clients hit with online fraud
Clients allegedly lost thousands from unauthorised transfers to a UnionBank account.
Malaysia’s Kenanga Investment Bank appoints non-independent non-executive director
Choy Khai Choon also serves as independent non-exec chairman at Zurich Life.
UOB’s Indonesian digital bank arm launches buy now pay later services
TMRW Pay offers deferred payments with zero-interest for up to 90 days.
A modernised data fabric is the way to go for financial sector
The right data infrastructure can help banks and insurance firms boost their business operations.
APAC banks' outlook stable, but face uneven recovery: Moody’s
Bank to maintain solid balance sheets with stable liquidity.
Weekly Global News Wrap: Australia iffy with digital currency; JP Morgan eases overdraft fees
And UBS Switzerland to propose a new board chairman.
HSBC grants HK$1b green loan to Chinachem Group
The group plans to cut in half its carbon emissions by 2030.
Singapore, China reaffirm commitment to financial supervisory cooperation
The supervisory roundtable was held virtually.
Standard Chartered completes first trade loan referencing USD SOFR in Hong Kong
The trade loan was for Qatar National Bank.
Commentary
Navigating liquidity challenges for VCs in Asia Pacific
Show, don’t tell: Asian banks need to prove simplification works – here’s how