News
MAS, BOJ renew bilateral local currency swap agreement
The two central banks can exchange local currencies of up to S$15b.
MAS, BOJ renew bilateral local currency swap agreement
The two central banks can exchange local currencies of up to S$15b.
DBS Asia Capital names Lindsay Chu as new CEO
Prior to joining DBS, has worked senior roles in HSBC, Nomura, and J.P. Morgan.
FinTechs to prioritise securing talent: PwC
Lack of domestic talent was cited amongst the main weaknesses in Singapore’s industry.
Dah Sing Bank joins Mastercard’s Priceless Planet Coalition
As a banking partner, Dah Sing Bank will raise customer awareness towards reforestation.
South Korea’s credit card payments market to be worth $890b in 2026
In the near term, rising interest rates may discourage card use.
Citi Philippines grants $20m loan to financially assist low-income women entrepreneurs
ASA Philippines Foundation supports 2 million women across the country.
Cambodia’s ABA Bank launches instant card issuance kiosks
Over 191,000 cards have already been issued since launch.
Techcombank teams up with Adobe to deliver personalized banking solutions
The bank will use Adobe’s cloud platform to analyze customers’ browsing behavior.
HSBC Global Private Banking launches discretionary digital platform in Asia
It makes use of building blocks to construct clients’ portfolios.
Thai banks called to supercharge profitability by enacting future-oriented strategy
They’ve lagged behind their peers, with market cap falling to just 8% of ASEAN.
Maybank’s net profit rises 28.5% to $658.5m YoY in Q3
The bank benefitted from Southeast Asia’s improving economic environment.
Thailand banks’ loans up 5.3% in Q3
Corporate loans rose from a year ago and consumer loans also grew.
DBS completes intraday repo transaction on a blockchain-based network
Repo transactions will finish within hours instead of one to two days.
UOB EVOL unveils feature for offsetting electric carbon footprint
Customers need only to charge their SP utilities bills to their UOB EVOL card.
Alternative payments make up 72% of China’s e-commerce market
The e-commerce market is expected to grow 10.5% in 2022.
India’s buy now pay later market to be worth $15b in 2026: analyst
Amazon Pay Later has over 3.7 million registered users in 2022.
Citi names new execs for 3 divisions
The new senior hires will take over their posts immediately.
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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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