Singapore

Urbanisation, together with population growth, is expected to add another 2.5 billion people to urban areas around the world by 2050, according to a United Nations report launched earlier this year. The potential challenges this will bring will be far-reaching, particularly in Asia and Africa where nearly 90 percent of the increase is set to take place.

The bank has partnered up with local e-retailers and is developing mobile and smart POS terminals.

Maybank Singapore Limited will house its private wealth, retail SME, retail banking, and commercial banking units.

It rolled out Project Ubin, a collaboration exploring blockchain for settlement of payments and securities.

The future is open and API-enabled.

And British challenger bank Monzo has hit unicorn status.

DBS and OCBC are regional leaders in fintech and innovation.

The move has proven inadequate as they remain far from financial goal.

Participating firms can name the bank as their anchor client during fundraising activities.

NIM may hit 1.88% in 2019.

Net interest income drove earnings up and sharply grew by 14% to $1.6b.

Customers can chat with their relationship managers on-the-go.

It will allow customers to order food through Facebook Messenger and pay through DBS.

Customers can transact and top up their prepaid cards through any drivers and merchants.

SmartStream Technologies, the financial Transaction Lifecycle Management (TLM®) solutions provider, announced the launch of TLM Aurora, the industry’s leading reconciliation platform.

Opening an account can be done in less than 15 minutes.