Retail Banking
Thailand embraces facial recognition tech for e-KYC
Thailand embraces facial recognition tech for e-KYC
FR is part of the broader shift towards the smart bank branch model.
Asset quality risks grow as Taiwanese banks grapple with China's slowdown
Delinquencies climbed in the overseas loans of cyclical sectors as well as loans to China and Southeast Asia.
Citi banks on unrivalled expertise to service Asia's mobile and international millionaires
Affluent clients in the region can unlock sophisticated and customised investment opportunities in the U.S.
UOB unveils online utility marketplace
Consumers can choose from a wide array of electricity, gas, water, broadband and TV service providers.
China cuts small banks' RRR to 8% in funding boost for credit-starved firms
The latest cut will unleash around $41.23b in long-term funding.
Malaysian banks hit by lower loan demand
New loan applications shrunk 6% in March.
UOB profit up 8% to $770m in Q1
The earning boost came from strong income figures which hit $1.77b.
Japanese bank woes to persist as ultra-low rates to last until 2020
The negative rates will continue to eat away at profitability.
Neurogine's Jew Kee Lim to talk about how banks can expand e-wallet reach
Lim hopes to illuminate how tourists can still use e-wallets beyond their home countries.
China relaxes ownership regulations further in financial opening
Billion-dollar asset requirements have been removed.
India zeroes in on new bank merger candidates
Punjab National Bank, Union Bank of India and Bank of India are possible targets.
Hong Kong bank loans up 1.1% in March
Loans for use inside Hong Kong rose by 1.2%.
Singapore bank loans shrink to 2.9% in Q1
Consumer loan growth slowed to just 0.3% in March.
Global Weekly News Wrap Up: Credit Suisse sued for alleged $2b loan arrangement fraud; StanChart marks recovery in $1b share buyback plan
And 300,000 users signed up for HSBC's new money management app.
UOB ties up with SGX and CCOIC to support Chinese firms
The tripartite alliance aims to help Chinese firms expand to ASEAN.
DBS Q1 profit up 9% to $1.21b
Strong interest income offset declining wealth management, brokerage and investment banking fees.
Chinese banks' assets up 7.7% to $33.9t in March
Total liabilities rose 7.3% to $36.63t.
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1. Tighter fintech watch likely after Chocolate Finance fallout 2. Singapore banks’ dividends to weather economic and global trade woes 3. UOB widens sustainable financing access for SMEs 4. YouTrip launches MYR wallet and offers free weekend shuttle service 5. Revolut rolls out five new currencies including Chinese YuanResource Center
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Nearly 8 in 10 MSMEs still face barriers to accessing loans, an expert said.
Commentary
Why high capital levels are a double-edged sword for Singapore banks