Staff Reporter

Singapore banks are phasing out OTPs for logins

Singapore banks are phasing out OTPs for logins

Banks will instead use digital tokens to authenticate bank account login attempts.

Japan’s Norinchukin Bank has hit 60% of its sustainable finance target

The bank also participated in 7 sustainability committee meetings in FY2023.

BDO wins big at the Asian Banking & Finance Awards 2024 with groundbreaking innovations

Pioneering financial education, wealth management excellence, and cutting-edge retirement solutions propel BDO to the forefront of the banking industry.

APAC investment banking fees drop to eight-year-low in H1

ECM underwriting fees fell to its lowest level since 2013.

OCBC unveils financial programme for SG’s 36,000 property agents

It offers preferential home rates and bonus interest, amongst others.

Maybank Singapore rolls out money lock feature

Customers will need to visit branches or use select ATMs to unlock funds.

Japan’s SMFG issues new shares worth $23.89m

The move is part of its stock compensation plans.

DBS HK fined US$1.28m for anti-money laundering, review lapses

The bank failed to conduct due diligence in ‘high risk situations’ from 2012 and 2019.

Here's why you shouldn't miss the 2024 Asian Banking & Finance and Insurance Asia Summit

Shape the future of financial services in Asia at the region's premier banking, finance, and insurance summit.

Hang Seng Bank sets benchmark in digital currency innovation with top honours at ABF Fintech Awards 2024

The Bank receives Digital Currency Award for its role as a leading advocate of central bank digital currency, through a hypothetical e-HKD-based e-Wallet prototype and demonstration of associated use cases.

Siam Commercial Bank inks MOU for green-linked forward contracts 

Costs are tied to the company’s performance in ESG criteria.

Hong Kong banks face mixed outlook with expected rate cuts in 2024

Credit risk management will be a key concern for banks amidst fluctuating interest rates.

Siam Commercial Bank kickstarts 4-year journey to revamp core banking system

It has inked a MOU with Sunline to become a full-fledged digital bank entity.

MUFG Bank, Krungsri ink MOU with Thailand’s East Economic Corridor Office

MUFG Bank and Krungsri will support customers who consider investing in the EEC.

CTBC Bank bags two wins at ABF Fintech Awards 2024

It redefines banking with strategic collaborations and tailored financial services.

Outstanding banking and finance industry champions crowned at Asian Banking & Finance Awards 2024

The 2024 Wholesale Banking Awards, Retail Banking Awards, Corporate and Investment Banking Awards, and the inaugural FinTech Awards recognised the industry's top performers for their innovation, dedication, and exceptional client service.

Clean energy gap presents investment opportunities for banks

Krungsri and CIMB Thai explore use of emerging tech to monitor risks better.