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. UOB to take legal action against Yang Kee Logistics’ ex-CEO 2. UOB unveils FDI Advisory Centre in South Korea 3. Singapore places fourth for most ‘ATMs near me’ Google searches 4. RCBC boosts rural presence with ATM Go 5. Singapore’s financial sector turns to contract hiring for cost controlResource Center
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Nearly 8 in 10 MSMEs still face barriers to accessing loans, an expert said.
Commentary
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