Staff Reporter

The new entity aims to become a regional fintech conglomerate by 2025.

And investors are getting $400m from Credit Suisse supply chain funds.

Mobile wallet adoption in Thailand, Vietnam far exceed those in the US, the UK.

The private bank will implement Avaloq’s core banking solution internationally.

Remittances between the two countries reached S$1.3b in 2020.

Officials’ moratorium programs are hurting lenders’ profitability.

Tighter regulations will drive a wedge in the connection between banks and NBFIs.

The deposit has a required minimum investment amount of $5,000.

Uygun previously served as CEO of ING Bank Austria.

The central bank, however, warns of upcoming inflation.

Investment banking activities generated $725.5m in fees.

Despite the pandemic, Southeast Asia’s commercial and retail banking vertical has been flourishing, with investors ready to fund more digital banking initiatives in the region.

Google Pay users can get up to a 20% cashback when they pay through SGQR.

And JPMorgan has bought the college planning platform, Frank.

It is exiting the retail banking business to refocus on corporate transactions.

The company offers Neo-rural bank services locally.