Financial Services
Thai banks put up fight against telcos in e-wallet war
Lenders will snap up half of the market in the next four years.
Thai banks put up fight against telcos in e-wallet war
Lenders will snap up half of the market in the next four years.
Struggling Japanese regional banks go over the edge to cut losses
They’re bearing the brunt of the profit crunch.
Slow payments fell 1.81 ppt to 38.94% in Q3
The retail sector saw the highest increase of 14.27 ppt to 44.11%.
Singapore enacts legislative framework for investment funds
The new variable capital company structure could create over 1,000 jobs for the next two years.
Banks rev up robo-advisory push in Singapore
OCBC is the latest to roll out such service amidst an encouraging regulatory environment.
3 in 5 analysts expect monetary tightening in October
But change could be modest amidst the US-China trade war.
OCBC Wing Hang Bank kills $425.9m sale of Hong Kong Life Insurance
The closing conditions of the agreement have not been met in time.
Bugis Junction and Bugis+ to launch WeChat Pay services in outlets
They are anticipating Chinese tourists in Singapore during the Golden Week holidays.
Surbana Jurong's maiden $350m SGD senior bond 2x oversubscribed
The offering is scheduled to settle on 3 October 2018.
RHB Singapore rolls out city's first cyber insurance package
Customers can receive free risk assessment and consultation.
MAS intensifies bout against cyberthreats for FIs
MAS proposed to make a slew of cybersecurity measures for financial institutions (FIs) into legally binding requirements.
RHB Singapore unveils prepaid multi-currency Visa Card
Consumers can exchange 11 currencies on the app.
Unified QR code boosts banks' cashless agendas
Lenders are poised to enjoy wider market reach and public acceptance.
Services sector to get a boost by 2019: analyst
Cloud storage, corporate broadband, and ICT adoption could step up process efficiencies.
Ping An launches wealth platform for Singapore investors
Lu Global uses facial recognition and AI for its investor onboarding process.
Korea's Q2 e-payments highest since 2008
Average daily transactions jumped 17.4% to US$104.87m.
Maybank Singapore unveils PayNow-ready invoices
It features a unique PayNow QR code that can be easily tracked by the bank.
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