Frances Gagua
Interest rates will be Singapore banks’ boon and bane through 2023: analyst
Interest rates will be Singapore banks’ boon and bane through 2023: analyst
It’ll benefit them over the next three quarters, but asset quality may deteriorate after.
ZA Bank launches tax loan with early repayment handling fee waiver
Users may avail of a 10% interest rate discount when applying for the loan before 30 November.
Alternative payments inch closer to e-commerce domination in New Zealand
The growth of BNPL has pushed up adoption of alternative payments.
American Express appoints Marlin Brown as Singapore Country Manager
He was recently the country manager for Thailand.
American Express has named Marlin Brown as its new Singapore Country Manager.
Dah Sing Bank’s Tuen Mun Branch closed until further notice
Staff will be tested before they return to work.
ANEXT Bank unveils programme to improve embedded finance for SMEs
The programme is open to all e-commerce marketplaces, fintechs, amongst others.
DBS, partners grant S$250,000 for climate-focused hybrid accelerator programme
The second run of Sustaintech Xcelerator will focus on nature-based approaches, amongst others.
MAS launches Ubin+ to study cross-border FX settlement using CBDCs
It will study business models and create policy guidelines.
Tokenised assets, stable coins central to Singapore’s crypto hub ambitions
Collaboration is key to achieving finance goals, says MAS’ Ravi Menon.
Singapore launches digital banker’s guarantee, insurance bond
The eGuarantee@Gov is available from over 20 financial institutions locally.
Singapore to eliminate all corporate cheques by 2025
Use of cheques for payments has declined to just 7%, says DPM Wong.
Bank of China HK joins pilot programme to trial use of digital currencies
BOCHK has completed real-value cross border trade of central bank digital currencies.
The new brand of personalisation that’s shaping Citi’s digital banking journey
Customers want options, but curate it–don’t just offer it, says Citibank’s Nilesh Kumar.
Deutsche Bank appoints ex-StanChart banker as group head of IPB Global South Asia UK
Gupta will provide oversight on the GSA UK team.
Citi Hong Kong launches 2022 Citi Tax Season Loan
Customers can loan up to HK$2m or 12 times their monthly salary.
Citi launches digital proxy voting service in Australia, New Zealand
Investors can vote and receive confirmation in real-time.
Hang Seng Bank, QFPay HK offers faster loans to SMEs
SMEs need only share their commercial information in the Commercial Data Interchange.
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He highlights the importance of cultural context, workforce mobilisation, and data-driven strategies in financial sector innovation.
