Staff Reporter
HSBC invests $2b to be a ‘digital first’ bank
HSBC invests $2b to be a ‘digital first’ bank
Part of that investment means partnering with more fintechs to create digital banking products.
OCBC’s net profits up 19% to S$1.22b in Q3
Net trade income plunged 67%, slightly offset by stronger net fees and commissions.
Hong Kong mulls launching own digital currency: financial secretary
This is part of HKMA's initiative to 'push all banks to go fintech'.
UOB Q3 profit leaps 57% to S$1.05b
Net profit also saw a rise of 4% QoQ.
Westpac capital position to remain strong following A$3.5b buyback
Westpac is one of Australia’s four major lenders.
Singapore’s SMBs adapt as more consumers seek contactless payments
Nearly four in five Singaporeans expect to use contactless payments, the highest in the world.
DBS rolls out one-stop sustainability-focused platform
The bank will also launch an autonomous carbon calculator service under LiveBetter.
Climate Finance Taxonomy: 5 Principles to Steer Transition
The accelerating impact of climate change is growing more evident by the day, necessitating substantial shifts in financial market structures and taxonomies in order to rapidly scale climate investments and achieve low-carbon targets.
What’s in store for the decentralised crypto industry with China’s growing antagonism?
China's stance may be concerning today, but won't affect the global industry in the long run.
Citi names global head of D10X under institutional clients group
The D10X focuses on the development of new solutions for Citi's institutional clients.
FSI Conference 2021 features discourse on digital transformation in the banking and finance industry and an exclusive presentation from Bain & Company
This two-hour digital conference will happen on 1 December 2021.
Hitachi Vantara spearheads virtual roundtable in modern DataOps
Hitachi’s Chief Solution Architect Seng Joo, Lim will open the first speaking session.
Standard Chartered partners with Kredivo to offer BNPL in Indonesia
Assets of fintech players in the country grew by more than IDR1t or by over $70m.
HSBC Singapore extends S$6m green loan to Durapower Group
Durapower will use the loan for its lithium-ion energy storage solutions.
Weekly Global News Wrap: UBS posts best quarterly profits in six years; Italy’s Monte dei Paschi rescue deal collapses
And Citigroup warns of charges related to the closing of S. Korea consumer business.
OCBC extends S$148m green loan to Tong Eng Group unit
It is the bank’s first green loan to use the BCA’s BEEA tool.
DBS names Soh Kian Tiong as chief risk officer
He has over 25 years of experience in business and risk roles.
Commentary
What kids without wallets can teach us about the future of finance
What is best practice when setting up an in-house bank?
How technology and regulation are reshaping the lending landscape
Protecting against the mobile Trojan horse in your pocket
Beyond the code: How mobile banking is weaving a new financial narrative in Asia