Staff Reporter
UOB renames YOLO credit card to UOB EVOL card
UOB renames YOLO credit card to UOB EVOL card
Targeting Gen Z customers, the card offers 8% cashback on online purchases.
Citi APAC appoints former EY partner to head Spring by Citi
Lloyd will be responsible for leading the bank’s newest TTS digital payment solution.
AFIN, R3 partner for CBDC testing
AFIN will launch a new digital currency sandbox in APIX.
UOB pilots digital bond issuance on Marketnode's asset issuance platform
It is the first financial institution on the platform as an issuer and bond house.
Singapore's MAS reprimands AIA FA, Prudential, Aviva FA & CEO for breach of rules
They failed to properly monitor individuals onboarded as advisors, directors.
Bank of Singapore appoints Paul Chua as global head of wealth planning
Chua spent 18 years with UBS Wealth Management prior to his new role.
Chart of the Week: South Korean card payments to grow 4.9% through 2024
Average frequency of use is 136.2 times in 2020, higher than in France, US, and UK.
Weekly Global News Wrap: Regulator mulls conservative bitcoin rule; JPMorgan amassing cash amidst inflation woes, says CEO
And Bank of America unveils plan to bring employees back to the office.
Public Bank reassures COVID-hit loan customers it will continue to offer support
The bank has assisted over 160,000 customers affected by the pandemic.
Taiwanese bills finance companies to be unaffected by recent COVID surge: Fitch
The country’s economic resilience has eased BFCs’ operational pressures.
Hana Financial clinches prelim nod to set up asset manager in Singapore
The group said that its entry in Singapore is a springboard to expanding globally.
This Asian Banking and Finance podcast discusses the challenges and best practices when it comes to managing corporate actions automation
SmartStream’s Neil Sheppard and Alan Jones shared their insights about the changes they have seen in operations control both before and after the pandemic.
Japan's LINE launches digital bank in Indonesia
Indonesia is the third market in which LINE Bank is operating.
Hong Kong bankers to retain right to access corporate registry: report
A new government rule plans to tighten public access to company director’s personal info.
Standard Chartered grants first green banker’s guarantee in ASEAN
ENGIE is building an underground district cooling system for Singapore.
South Korea’s Hana Bank floats $600m in ESG bonds: report
It carries an annual interest rate of 1.25%.
Chinese banks warned against rising bad debt as measures subside
CBIRC also warned against emerging local real estate bubbles.
Commentary
Young Malaysians, big money mistakes: What’s going wrong with Islamic financial behaviour?
The Asian connection: China's path to sustainable growth