News

Sibos 2018: China and Australia put APAC on the map in global fintech league

Three of the top five in KPMG's Fintech100 were nabbed by Chinese firms.

Sibos 2018: China and Australia put APAC on the map in global fintech league

Three of the top five in KPMG's Fintech100 were nabbed by Chinese firms.

Sibos 2018: How Japan's megabanks will digitalise trade finance processes using blockchain

They are part of a consortium of trade players working on a Trade Data Sharing Platform.

Chart of the Week: APAC eats up global payments pie but lags in electronification

The region's e-payment transactions are up to 65% lower than Europe's.

Weekly Global News Wrap Up: US banks' credit card war heats up; Lenders curb China travel after UBS banker departure ban

And here's the latest move of Goldman Sachs to expand its client base beyond the ultra-rich.

Singapore banks fall from grace as lending and non-interest income takes hit

Volatile markets may cut up to 15% of DBS and OCBC's non-interest income.

Sibos 2018: APAC fuels global payments boom with $900b in 2017 revenue

Strong balance growth in China is cementing the region's dominance.

Only a fifth of Philippine rural and thrift banks ready to digitise

They still need to make heavy investment in foundational technologies.

Thai banks brace for blow from tighter mortgage curbs

The central bank imposed an 80% loan-to-value limit on mortgages.

Vietnamese banks slash service fees in economic boost

BIDV cut nine service fees whilst Military Bank reduced 16.

Singapore banks turn to loans to boost earnings as wealth income weakens

Wealth management income may have already peaked in H1 2018.

Japanese banks profit erosion slow amidst policy reforms

Liquidity in the bond market is boosting earnings outlook.

Chinese banks new loans hit $199.05b in September

The central bank’s lending stimulus appears to be paying off.

Taiwanese banks poised to break $6.5b year-end lending target

The government’s new economy projects is fuelling lending demand.

Cybercriminals prey on prosperous Hong Kong banks

There are already eight cases of fraudulent bank websites in October YTD.

Chart of the Week: Which ASEAN country has the largest branch network?

Thailand and Indonesia are the branch-heavy countries.

Singapore banks receive boost from regulator's hardline stance against e-wallet lending

Entities would need a banking license first before using deposits to extend loans.