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UNObank clinches Philippines’ third digital bank license
UNObank clinches Philippines’ third digital bank license
Parent DigibankASIA will work alongside partners Mambu, Backbase, and AWS in developing its services.
Weekly Global News Wrap: Bank watchdog to consult crypto rules; Stablecoins must be regulated like payments, says BoE
And UBS' new digital wealth management platform pulls $3.7b in first year.
Philippine authorities file criminal raps against Wirecard's ex-COO, others
The respondents are accused violating banking, cybercrime and e-commerce laws.
Maybank introduces two new designs for Family & Friends Card
New customers may choose between the original black, as well as the new lilac and silver designs.
HSBC plans to split leadership of Asia with two co-heads: report
Wong protege David Liao and India’s Surendra Rosha are rumored to become co-heads.
South Korean banks’ bad loan ratio hits record low in Q
Ratio of bad loans to total lending came at only 0.62% as of end-March.
Singapore’s fintech top-dog envisions city as Asian hub for capital raising: report
The country hit a record for fintech investments last year, and more is expected, says MAS’ Mohanty.
Standard Chartered Singapore launches digital relationship manager app
It allows clients and managers to connect and authorise transactions.
China’s Huarong likely to receive extraordinary government support: S&P
This also bodes well for its overseas bond issuer Huarong International.
Taiwan’s banking sector stable despite recent COVID infection spike: Fitch
All local banks’ outlooks remain stable thanks to Taiwan’s economic resilience.
India, Philippines banks in trouble amidst renewed infection surge
Emerging banks in Asia continue to be in a tough operating environment, says Fitch.
Significant gaps remain in financial accessibility, awareness: study
Over half of both unbanked and banked individuals feel that they are underserved, Mambu’s study found.
Pandemic accelerates Singapore’s cashless push by four years: Visa study
About 31% of locals pick contactless cards as their most preferred payment options.
Vietnamese banks’ profits to improve: Moody’s
Higher yields from their retail loans will push up earnings.
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