Staff Reporter
Financial digital apps evolve to “3.0” phase as customers’ seek one-stop-shop
Financial digital apps evolve to “3.0” phase as customers’ seek one-stop-shop
Customers increasingly seek a single app that can meet all their financial–and even non-financial–needs.
More Wealth, Higher Expectations: Why new frontier of wealth banking lies in the digital and the RM
As the role of the relationship manager evolves, banks must build the right digital platform in order to meet clients’ expectations.
Malaysia’s card payment market value to grow 15.2% in 2022
A perfect storm for card adoption is brewing in the country.
China’s new bank loans plummet in July amidst COVID fare-ups, property jitters
Analyst warned that new lending may continue to disappoint in the near term.
Property woes, unemployment threaten structure letting Chinese banks offload bad loans
NPL securitisations allows banks to sell NPLs to a vehicle.
Dah Sing Bank temporarily closes its Maritime Square Branch
It will reopen in 13 August.
Grab unveils US$1m GrabScholar programme, new GrabMerchant Centre
The superapp aims to support small businesses and upskill the future workforce.
BOC HK, BOC Life launch green savings insurance plan
It offers up to a 3% annualised guaranteed rate of return at policy maturity.
Atome Financial secures US$100m debt facility with HSBC Singapore
It operates buy now pay later platform Atome and Indonesia’s Kredit Pintar.
Asset quality of South Korea’s big banks to remain supported as interest rate rise
But bad loans are expected to rise moderately.
India tightens rules for digital lending
Lenders may no longer increase credit limits without the consent of the borrower.
Looking into digital banking with a human touch
Standard Chartered Hong Kong took home three major awards at the ABF Retail Banking Awards 2022.
Maybank enables Singapore, Malaysia card users to link with ApplePay
This includes users of Mastercard and Visa credit, debit, and prepaid cards.
OCBC enables direct CPF account top-ups from digital app
This makes OCBC the first bank to enable this outside of the CPF website.
Dah Sing Bank temporarily shutters Shek Tong Tsui branch
Customers are advised to use mobile or internet banking services.
Indonesia’s fintech investments bucks global trend, hits record high in H1
Payment gateway Xendit raised $300m in its Series D funding to help push up the numbers.
Fighting financial crime with advanced machine learning capabilities
RCBC and GBG clinched two major awards at the ABF Retail Banking Awards 2022 with their enterprise risk management technology.
Thought Leadership Centre
In Association with
Most Read
1. Revolut Singapore hits first year of net profitability in 2024 2. CIMB Philippines says fund transfer issue ‘resolved’ 3. Union Bank of the Philippines ‘aggressive’ growth strategy brings more problem loans 4. Bank of America appoints Phil Carmalt as head of APAC GPS 5. HSBC Singapore unveils wealth centre at The Star Vista mallResource Center
Read Here
Advertise
Sign Up
Awards
Jul
03
Jul
03
Jul
08
Event News
Cards & Payments
Compliance and legacy systems stall B2B payment shift
Retail drives digital payments as B2B adoption lags.
Commentary
The Asian connection: China's path to sustainable growth