Staff Reporter
Could fintechs overtake banks in the digital financial service space?
Could fintechs overtake banks in the digital financial service space?
The Internet boom has pushed 9 out of 10 digital merchants to accept digital payments.
Buy now, pay later more needed in markets with credit under penetration: UOB TMRW exec
It’s not as urgent as other markets with credit under-penetration, says TMRW Digital Group CCO.
Philippine financial regulator mulls offline digital payment solutions
The move is part of the BSP’s Digital Payments Transformation Roadmap.
Is cash still king? Digital payments eroding cash’s dominance in SEA
Internet economy in SEA has propelled digital payments further.
How Hong Kong’s livi bank aims to make banking more rewarding
They are amongst the first bank in the city to roll-out buy now, pay later services.
New Zealand’s card payments market to rebound 10.3% in 2021
The market is expected to top $83.2b in four years’ time.
South Korean banks’ average mortgage rates hit three-year high: report
The 3.26% interest rate average is its highest since November 2018.
Deutsch Bank Wealth Management announces three new leadership appointments
Felicia Tan and Edmund Lee join from BNP Paribas; Dita Darmawan, from UBS.
Sacombank delivers seamless service through top-notch eBanking technology
With its pioneering investments in technology and cybersecurity, Sacombank provides unmatched convenience and security for its clients.
Online shopping drives expansion of alternative payments’ use in APAC
China’s alternatives will account for 70% of e-commerce transaction value in 2021.
Weekly Global News Wrap: JP Morgan CEO apologises for CPP joke; Leadership shake-up tests Mexico’s financial regulator
And China urges lenders to extend support to advanced manufacturers, other industries.
DBS’ suffers digital bank service glitch; MAS mulls taking supervisory action
DBS Country Head Shee Tse Koon has apologised for the disruptions.
Taishin Bank’s comprehensive solutions drive more efficient transactions, personalised services
It has remained a key player in M&A deals notwithstanding the effects of the COVID-19 pandemic.
Citi hiring 100 roles to boost blockchain, digital assets expertise
The bank has also unveiled three new senior roles.
Henderson Land secures HK$2.5b green loan from Bank of China Hong Kong
The loan is unsecured and has a tenure of three years.
MUFG Bank appoints head of institution investors coverage for Asia
Weehuizen has over 18 years of banking experience in APAC and Europe.
Profits of Japan's megabanks to rise in next 12-18 months
All three banks’ profits jumped over 60% for the first six months of the current fiscal year.
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He highlights the importance of cultural context, workforce mobilisation, and data-driven strategies in financial sector innovation.
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Young Malaysians, big money mistakes: What’s going wrong with Islamic financial behaviour?