Staff Reporter

Mizuho submits business improvement plan following tech failures

Mizuho most recently saw disruptions to its corporate online bank services on 11 January. 

Union Bank’s capital buffers to weaken following Citi purchase: analyst

Any potential earnings boost remain uncertain; whilst reduced capital will take years to rebuild.

Standard Chartered appoints Roel Louwhoff as chief of tech, operations, and transformation

He replaces current COO David Whiteing, who is moving back to Australia.

DBS to only send 'essential' SMEs to retail, wealth customers

The bank assured customers that it employs a multi-layered defence system against fraud.

Singapore launches new measures to bolster digital banking security

Banks are asked to remove links in emails and SMS sent to customers.

Cryptocurrency ATMs close down in Singapore following MAS clampdown: report

Two operators, Daenerys and Deodi, have shut down their ATM machines in the city.

Grab Singapore includes more banks in linked account feature

Users can now link accounts from Bank of China, DBS, Maybank, OCBC, StanChart, and UOB.

Will Request To Pay displace card payments in the future?

The potential is there, but tech roadblocks prevent wider adoption in the industry.

UOB’s purchase of Citi ASEAN retail assets improves profits, accelerates expansion

It is expected to add S$1b in profits annually, with earnings accretive beginning 2023.

Citi names new head of Global Subsidiaries Group for APAC

And the search for a new head of corporate banking for Australia and New Zealand is on.

Singapore bans promotion of cryptocurrency trading in public

The new guidelines instruct against marketing DPT services in public areas.

Contactless payments snare Singapore’s boomers

Loyalty programs are also rated as important by consumers in the city.

Nominations are now open for the highly anticipated Asian Banking & Finance Awards 2022

Banks and financial institutions are invited to submit their entries for the Wholesale Banking Awards, Retail Banking Awards, and Corporate and Investment Banking Awards 2022.

Financial institutions key for energy investments, B&R Initiative to go green: PwC

Decisions on green finance now will lock in emissions trajectories for decades.

What you need to know about Singapore’s VCC structure

Fund managers can now use different fund strategies as one entity.

Bank of China Hong Kong poised to benefit from GBA: analyst

A possible rate hike in March will also positively affect the bank.