News

Sound underwriting shields South Korean banks’ from housing market downturn: Fitch

Unsecured personal loans and small business loans are bigger risks.

Sound underwriting shields South Korean banks’ from housing market downturn: Fitch

Unsecured personal loans and small business loans are bigger risks.

EastWest Bank, JCB launch credit card in the Philippines

Customers can access several rewards and year-round promotions.

Australia’s biggest banks to pay $84.51m for insurance lawsuit

CBA, Westpac, and ANZ allegedly misled customers by selling or issuing policies of no value.

Meaningful experiences, wellness as key pillars of the return of travel: Mastercard’s Mayank Dutt

Mastercard’s cardholders in its affluent portfolio can access wellness programs on the go.

Thailand’s KBank earmarks $5.53b for sustainable funding, loans

The bank says it will grant the funding and loans to 1.9 million small pocket customers.

MAS grants Atome in-principle approval to be a Major Payment Institution

Atome can now perform regulated payment services in Singapore.

Dah Sing Bank reopens Tuen Mun Branch

It was temporarily closed for cleaning and disinfection.

ZA Bank launches tax loan with early repayment handling fee waiver

Users may avail of a 10% interest rate discount when applying for the loan before 30 November. 

Alternative payments inch closer to e-commerce domination in New Zealand

The growth of BNPL has pushed up adoption of alternative payments.

American Express appoints Marlin Brown as Singapore Country Manager

He was recently the country manager for Thailand.   American Express has named Marlin Brown as its new Singapore Country Manager.

Dah Sing Bank’s Tuen Mun Branch closed until further notice

Staff will be tested before they return to work.

ANEXT Bank unveils programme to improve embedded finance for SMEs

The programme is open to all e-commerce marketplaces, fintechs, amongst others.

DBS, partners grant S$250,000 for climate-focused hybrid accelerator programme

The second run of Sustaintech Xcelerator will focus on nature-based approaches, amongst others.

MAS to cooperate with Ghana to open trade and financial corridor

It will work with the Bank of Ghana and the Development Bank of Ghana for the project.

MAS, Bank Indonesia extends bilateral financial arrangement

Both leaders of Singapore and Indonesia endorsed the arrangement.