Frances Gagua
Vietnam’s card payments market to hit $37.6b in 2022
Vietnam’s card payments market to hit $37.6b in 2022
The government’s cashless payments push is helping the market.
Kotak Mahindra Bank’s profits up 27% in Q2
It has over 36.6 million customers as of end-September.
ICICI Bank net profit up 31% to $929m in Q2
Its loan portfolio also grew 23% compared to the same quarter last year.
Citi TTS names Kanika Thakur as head of corporate, commercial & public sector sales
She was previously head of trade for Asia Pacific.
BNPL code launched, outstanding payments limited to S$2,000 without credit assessment
Consumers are now entitled to make full repayment without early repayment fees.
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.
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He highlights the importance of cultural context, workforce mobilisation, and data-driven strategies in financial sector innovation.
