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. NETS names ex-DBS Tech COO as CEO of Banking Computer Services 2. Standard Chartered unveils savings account for clients 55+ and above 3. BEA’s Ivy Chan on managing banking risks and trade war shifts 4. Singapore and Vietnam expand MOU on financial innovation 5. Nomura setting up fourth banking divisionResource Center
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Nearly 8 in 10 MSMEs still face barriers to accessing loans, an expert said.
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