license
APRA revokes two banking licences
APRA revokes two banking licences
At the time of revocation, the bank had not launched any products.
UnionBank clinches Philippines’ 4th digital bank license
UnionDigital will be a wholly-owned subsidiary of the Philippine lender.
UNObank clinches Philippines’ third digital bank license
Parent DigibankASIA will work alongside partners Mambu, Backbase, and AWS in developing its services.
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1. Hang Seng unveils MTR Jordan Station Retail Banking Centre 2. HSBC, Allianz Life launch wealth growth and life protection plan in Malaysia 3. OCBC, Ant Int’t to deliver embedded financial services to Indonesian SMEs 4. Citi nabs BofA banker to lead Chinese banking operations 5. Visa launches AI-powered commerce initiativeResource Center
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BCG’s Tushar Agarwal emphasises that transformation relies on mobilising people and understanding their motivations
He highlights the importance of cultural context, workforce mobilisation, and data-driven strategies in financial sector innovation.
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Young Malaysians, big money mistakes: What’s going wrong with Islamic financial behaviour?