Singapore

DBS to launch Singapore's first real-time payments gateway service

It is leveraging on ACI Worldwide's expertise to serve corporate and institutional clients.

DBS to launch Singapore's first real-time payments gateway service

It is leveraging on ACI Worldwide's expertise to serve corporate and institutional clients.

Lack of regulatory clarity in open banking impedes ASEAN banks

They are unable to formulate clear strategies in open API creation for third party use.

Grab drives into Asia's banking scene

It will soon offer lending and insurance services.

Chart of the Week: How are ASEAN banks deploying real-time payment systems?

They are shunning in-house developments and vendor solutions.

ASEAN banks prioritise security in rolling out digital payments

They believe that the rise of realtime payments also allows for new types of fraud methods.

ASEAN banks lead digital charge with soaring investment on real-time payments

Singapore banks lead the pack as over half pledge to increase investment by over 5%.

Time to face the future: The regulatory outlook for Asia-Pacific banks

As we move into 2018, Asia-Pacific banks are facing a range of challenges — from implementing Basel III reforms and keeping pace with technology advancements, to responding to the disruption and opportunities posed by new, non-traditional market entrants. Pressure is also coming from investors, who are demanding that banks improve returns on capital in an environment where economic growth continues to be modest and competition fierce.

What are the big shifts that have deep implications on Asian banks?

These include the rise of Chinese tech giants, growing migration, and the boom of small businesses.

How will banks fare when Amazon finally offers checking accounts?

The tech giant is in talks with JPMorgan Chase to create a product similar to a checking account.

Singapore banks' P2P funds transfer to extend to businesses

Citibank, DBS, HSBC, Maybank, OCBC, Standard Chartered, and UOB will soon offer PayNow Corporate.

Citibank Singapore launches consumer banking training for employees

It is the first bank in Singapore to train its staff by IBF standards.

Maybank Singapore's profit rose 11.5% to $1.92b in 2017

Its community financial services and Islamic banking arm performed strongly.

How data breaches can trigger a massive client exodus for banks

From breaking trust to breaking banks, digital attacks are becoming more powerful than ever.