Singapore
E-commerce titans shake the ground of retail banking
Should banks worry now that they have new competition?
E-commerce titans shake the ground of retail banking
Should banks worry now that they have new competition?
UOB's net profit to rise to $3.83b in 2018
This will be driven by strong loan growth.
OCBC rolls out facial recognition to identify premier banking customers
It can record the purpose of the visit, gather feedback, and understand customer behavior patterns.
Singapore banks' profits soar by 27% in Q4
DBS, OCBC, and UOB made a whopping $11.9b in 2017.
UOB Group's net earnings climbs 9% to $2.5b
Total income rose 10% to $6.7b.
OCBC's 2017 net profit rises 19% to $3.1b
Total income hikes 14% from last year to $7.2b.
Weekly Global News Wrap Up: Australian banks risk misconduct exposure; Deutsche Bank to cut more jobs
And UBS hikes Asia investment banking bonus pool.
DBS expects loans to grow 7% in 2018
Higher interest rates are seen to kick net interest margin up.
DBS acquires ANZ's wealth management and retail banking business
Migration is completed in Singapore, Hong Kong, Mainland China, Taiwan, and Indonesia.
APAC fintech market to reach US$72b by 2020
Increasing use of digital payments will fuel the growth.
HSBC launches new deals programme for cardholders
It gives customers access to dining, travel, and entertainment deals in 6 markets.
Digital transformation: Digital framework in banking
In the banking sector, we take a broad view of digital—one that transcends new apps and the deployment of new and different channels. Moreover, we believe that digital is making it imperative for financial institutions to review and transform their organisational structures to ensure success and survival.
2 in 5 banks likely to pursue joint ventures to boost digitisation efforts
This will result in greater industry collaboration between banks and e-commerce players.
Are Singapore's big banks out of the slump?
Higher interest rates and rising wealth to push double-digit profit growth.
DBS Group's 2017 net profit soars 4% to a record $3.3b
Thanks to broad-based growth in loans and fee income.
40% of APAC banks to focus on fighting application fraud in 2018
60% experience fraud using synthetic identities.
Weekly Global News Wrap Up: BNP aims for higher profits; Deutsche Bank pleads for investors' patience
And more Britain and US banks ban bitcoin buying using credit cards.
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Why Philippine banks, insurers embrace hyper-personalized services
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Industry experts push for the rapid progress of unified customer data as a starting point.
Industry experts push for the rapid progress of unified customer data as a starting point.
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