Frances Gagua
Adapt to survive in 2023: A step change for business models in FinTech
Adapt to survive in 2023: A step change for business models in FinTech
By Pat Patel, Executive Director, Elevandi
1 in 3 private home mortgages under a floating rate: MAS
For HDBs, that’s just 1 in 5 loans extended by financial institutions.
OCBC appoints Sunny Quek as head of global consumer financial services
He will lead the bank’s banking and wealth business in Singapore.
Standard Chartered taps ex-Citi head of markets as global head of international banking
James Lye will begin his role on 1 November.
Real-time Payments: The Time to Act is Now
Around the world, people now expect real-time experiences in everything they do, and payments are no exception.
Digital wealth platform Syfe launches Cash+ in Hong Kong
It offers 3.5% projected yield per annum, and interest accrued on a daily basis.
Mastercard offers up to HK$140 in rebates for new KeyChain Pay users
Current users can enjoy a 28% discount on the transaction fee.
ZA Bank unveils USD funds
Subscription fees waived until the end of the year.
Fintech funding slows as COVID-driven digital hype fades
Valuations of technology stocks, both public and private, are down 60%, analysts said.
Singaporeans still keen on ATMs, branch banking: study
3 in 4 Singaporeans still frequently use ATMs.
DBS offers SMEs up to S$300,000 financing with DBS Quick Finance
Customers can choose between an overdraft or a loan.
JP Morgan names India corporate banking head as interim India CEO
PD Singh has served as corporate banking head since 2021.
OCBC reveal employee-run community farm in Central Business District
\It is expected to produce 140 kgs of vegetables annually.
J.P. Morgan names Navin Wadhwani as India’s head of investment
He joins from Indian conglomerate Reliance Industries.
J.P. Morgan appoints Madhav Kalyan as head of Asia Pacific payments
Kalyan succeeds Sridhar Kanthadai.
Kakao Bank, Kakao Pay shares tumble as fire disrupts services: report
All services under Kakao were severely affected by the data center fire.
South Korea’s bank loans fall by $834m in September: report
The rise in banks’ lending rates contributed to the fall.
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1. Revolut Singapore hits first year of net profitability in 2024 2. CIMB Philippines says fund transfer issue ‘resolved’ 3. HSBC Singapore unveils wealth centre at The Star Vista mall 4. Citi names Goldman Sachs banker as head of markets solutions in Asia South & North 5. UOB inks MOU with Accenture for AI adoption and applicationResource Center
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AI can help financial institutions’ marketing teams get the job done.
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The Asian connection: China's path to sustainable growth