Frances Gagua

All nine additional applicants failed to submit documents.

Card users can receive up to $85 in cashback rewards per month.

This will allow sharing of customer and transaction data on money laundering cases.

UBS recently shifted to two senior bankers and might move eight more to China.

The two hope to dispense over US$1b of loans over the next five years.

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

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

Buy Now Pay Later (BNPL) has seen remarkable growth in recent years and is on track to achieve a global market value of US$700b by 2023. This 90% compound annual growth rate (CAGR) reflects the growing penetration of this simple transactional instrument—consumers purchasing a product now with the agreement to pay for it later.

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

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.

Uygun previously served as CEO of ING Bank Austria.

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.