Bank of the Future
Secret Sauce for the Banking Industry
Secret Sauce for the Banking Industry
According to Singapore’s largest bank DBS, the volume of cash deposits and withdrawals fell by an unprecedented 11% in the first 3 months of 2020, a 6% fall from where the figure had been since 2017. Coupled with extraordinary growth in the adoption of e-payments, it’s safe to say that COVID-19 has altered consumer behaviour—and fast.
The bank of the future: How to embrace AI and analytics
Banks must invest in transforming capabilities across all four layers of the integrated capability stack, says McKinsey & Co.
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1. Hong Kong, China launch Payment Connect for faster cross-border payments 2. Metrobank names Renato De Borja, Jr. as head of financial & control sector 3. Japan’s SMBC invests in biotechnology fund 4. PBCOM appoints new treasury trading team head 5. HSBC GPB appoints Ann Ling as APAC head of wealth planning and advisoryResource Center
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Fintech solutions must be tailored to keep pace with evolving customer needs – Kearney’s Kevin Kwek
He emphasised that balancing innovation with sustainability is now key to fintech’s growth trajectory.