Singapore
DBS unveils online payments solution to simplify SMEs' bill payments
DBS unveils online payments solution to simplify SMEs' bill payments
This is through a partnership with software company Xero.
New European guidelines may hit Asian banks
Medium-sized companies will take the most impact.
APAC financial services employment in 2017 increased 12% YoY
It provides an ideal springboard for more growth in 2018.
HSBC widens cash access network to 800 touchpoints
Now customers can make QuickCash withdrawals in 7-Eleven stores.
Citi launches second China desk in Singapore
Ten relationship and product managers will support Chinese clients’ FDI.
IFRS 9 has ‘volatile' impact on Singapore banks' earnings
This is due to the change in calculating expected credit loss (ECL).
Mambu CEO & Co-Founder Eugene Danilkis talks about how incumbents can take on FinTech challengers
It is like launching speedboats from cruise ships.
Weekly Global News Wrap Up: Citigroup to raise women's pay; JPMorgan, Wells Fargo commends tax law
And Turkey’s banks have reached their growth limit.
OCBC unveils flexible loan scheme for SMEs
The loan offers funding of up to $200,000.
Singapore banks anticipate higher profits in 2018
Rising interest rates and loan growth are key factors.
Financial inclusion could boost APAC banks revenues by US$88b
China has the greatest potential revenues estimated at US$63.4b.
DBS expands mobile banking and payment apps services
Customers can now scan to pay 7-Eleven stores via QR codes.
UOB unveils digital advisory service for corporate investors
The new service is exclusively for UOB’s commercial banking clients.
Standard Chartered's premium banking to launch in 10 countries
They will roll out the service in Asia, Africa, and Middle East in 2018.
Singapore banks target lower credit cost in 2018
Every 5bp decrease in credit cost can lift sector earnings by 3%.
Weekly Global News Wrap Up: JPMorgan, Goldman are top payers; Banks want digital specialists
And Wells Fargo’s consumer complaints dropped in 2017.
Chart of the Week: See which Singapore bank has the most productive workforce
Productivity in all three banks has improved in 3Q17.
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