Staff Reporter
Finmo obtains in-principle approval for MPI license from MAS
Finmo obtains in-principle approval for MPI license from MAS
This lets Finmo’s customers receive funds in Singaporean dollars.
1 in 3 Singaporeans switched banks, insurers in 2022: study
Only 21% of respondents, however, fully trust AI chatbots in financial services.
‘Human error’ reason for DBS digital banking glitch in May
The incident caused disturbances in mobile, electronic and ATM transactions.
Visa offers tap-to-pay for Hong Kong tram commuters
Commuters can now tap-to-pay their tram fares in Hong Kong
UOB Vietnam celebrates 30th year, aims 30,000 jobs creation
The bank has partnered with Saigon Children's Charity to celebrate it's 30th year of stepping foot in Vietnam.
SEA gains 8.1 million new fintech users in Q1: study
Fintech penetration in the region was estimated at 83.3%.
13.36 million credit cards in circulation in Australia: study
Credit cards contributed about AU$18.6b in national debt due to accrued interest.
Mizuho Securities US aims for 100 hires by next year
The Japan-headquartered company said it aims to expand its workforce by 30% by 2026.
Endowus Private Wealth expands alternative offerings
The new offering covers a broad range of asset classes.
StanChart, Atome lender-of-record partnership book 100,000 transactions
Atome customers who successfully activate their new StanChart credit card will receive S$250 in Atome+ points.
Natixis CIB names APAC head of financial sponsors group
Anurag Poddar was most recently a managing director for Natixis CIB in New York.
HSBC launches global private banking business in India
It will service clients with investable assets of over $2m.
OCBC unifies branding, renames Hong Kong and Macau subsidiaries
OCBC Wing Hang has been renamed as OCBC Bank (Hong Kong).
Paywatch inks MOU with Visa to offer EWA solution across Asia
Paywatch will make use of Visa’s cross-border capabilities and network.
Asian Banking & Finance Forum arrives in Manila in October
The event offers a platform for knowledge exchange, fostering innovation and collaboration across the industry.
New requirements published for DPT service providers
It will mitigate the risk of loss or misuse of customers’ assets.
StanChart Singapore launches mass-affluent miles card
Rewards points accumulated with the card do not expire.
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