Staff Reporter
India’s card payments market to grow 31.2% in 2022
India’s card payments market to grow 31.2% in 2022
Growing adoption of electronic payments will help push up the card market.
VP Bank appoints Chris Chee as Chief Risk Officer for Asian operations
He has held leadership positions in RBC Singapore, ANZ, UBS, and DBS.
NTUC Income’s BIX onboard UOB Asset Management’s digital advisory service
UOBAM Invest is the first partner to be onboarded in the BIX platform.
Westpac hit with protest vote against exec pay plans: report
The Australian lender faces paying up to $81m for charging fees to dead people.
Philippine-based BDO to reimburse 700 clients hit with online fraud
Clients allegedly lost thousands from unauthorised transfers to a UnionBank account.
Malaysia’s Kenanga Investment Bank appoints non-independent non-executive director
Choy Khai Choon also serves as independent non-exec chairman at Zurich Life.
UOB’s Indonesian digital bank arm launches buy now pay later services
TMRW Pay offers deferred payments with zero-interest for up to 90 days.
A modernised data fabric is the way to go for financial sector
The right data infrastructure can help banks and insurance firms boost their business operations.
APAC banks' outlook stable, but face uneven recovery: Moody’s
Bank to maintain solid balance sheets with stable liquidity.
Weekly Global News Wrap: Australia iffy with digital currency; JP Morgan eases overdraft fees
And UBS Switzerland to propose a new board chairman.
HSBC grants HK$1b green loan to Chinachem Group
The group plans to cut in half its carbon emissions by 2030.
Singapore, China reaffirm commitment to financial supervisory cooperation
The supervisory roundtable was held virtually.
Standard Chartered completes first trade loan referencing USD SOFR in Hong Kong
The trade loan was for Qatar National Bank.
Citi Singapore to tap global fintechs in APIX collaboration
The partnership enables Citi to identify solution partners in a cost-efficient way.
Buy now, pay later gains traction in India
Low credit penetration makes it favourable for BNPL.
Global payments firm Nium names COO as co-founder
This is in recognition of his significant contributions to scale Nium’s global operations.
New COVID outbreak, inflation, rising interest rates pose risks to Singapore’s financial stability: MAS
Banks should have enough buffers and find climate transition risks manageable.
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