News
UnionDigital Bank bags $16m more in capital
It will be utilised to grow its digital loan offerings.
Chart of the Week: 8 in 10 Chinese consumers use mobile wallets
High cost of POS terminals and insufficient payment infrastructure push e-wallet use.
New Zealand picks Citi in banking services panel
Other new panel members are ANZ Bank and Westpac.
Finmo obtains in-principle approval for MPI license from MAS
This lets Finmo’s customers receive funds in Singaporean dollars.
1 in 3 Singaporeans switched banks, insurers in 2022: study
Only 21% of respondents, however, fully trust AI chatbots in financial services.
‘Human error’ reason for DBS digital banking glitch in May
The incident caused disturbances in mobile, electronic and ATM transactions.
How Mocasa is supercharging the Philippines' credit payments market
The credit payment service company is also developing a data-driven central credit bureau.
Visa offers tap-to-pay for Hong Kong tram commuters
Commuters can now tap-to-pay their tram fares in Hong Kong
UOB Vietnam celebrates 30th year, aims 30,000 jobs creation
The bank has partnered with Saigon Children's Charity to celebrate it's 30th year of stepping foot in Vietnam.
SEA gains 8.1 million new fintech users in Q1: study
Fintech penetration in the region was estimated at 83.3%.
13.36 million credit cards in circulation in Australia: study
Credit cards contributed about AU$18.6b in national debt due to accrued interest.
Mizuho Securities US aims for 100 hires by next year
The Japan-headquartered company said it aims to expand its workforce by 30% by 2026.
Endowus Private Wealth expands alternative offerings
The new offering covers a broad range of asset classes.
StanChart, Atome lender-of-record partnership book 100,000 transactions
Atome customers who successfully activate their new StanChart credit card will receive S$250 in Atome+ points.
Natixis CIB names APAC head of financial sponsors group
Anurag Poddar was most recently a managing director for Natixis CIB in New York.
HSBC launches global private banking business in India
It will service clients with investable assets of over $2m.
OCBC unifies branding, renames Hong Kong and Macau subsidiaries
OCBC Wing Hang has been renamed as OCBC Bank (Hong Kong).
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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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