Retail Banking
Regulators should heighten fintech oversight: DBS CEO
Regulators should heighten fintech oversight: DBS CEO
Ant Financial is an example of firms that need more oversight, Piyush Gupta says.
Singapore seeks to tighten cybersecurity rules on financial institutions
It will require FIs to implement 6 measures that will address flaws in a timely manner.
Bank of China bets on tech to boost dismal fee performance
It has embarked on 28 technology projects so far.
Australia's Westpac fined $25m for flawed mortgage approval system
There were miscalculations in the bank’s automated loan approval system.
Malaysian banks race fintechs in offering digital services to the emerging affluent
How are banks grabbing digital as an opportunity to provide convenience to its evolving clientele?
Why are Indonesian banks thinking twice about speeding up digitalisation?
Banks should strategise solutions and create lasting value propositions amidst the threat of cyber attacks.
UOB taps on Belt and Road opportunities in Shanghai Pudong Development Bank tie-up
The two banks will collaborate on investment advisory and other finance solutions.
OCBC blames software failure for 3-hour service outage
ATMs and banking channels were down during the outage on 1 September.
Weekly Global News Wrap Up: Abu Dhabi eyes three-way bank merger; ING fined with $900m over money laundering case
And Venezuela has imposed additional reserve requirements.
Chart of the Week: Malaysian banks CASA growth slower than total deposits in July
Total systems deposits growth picked up by 5.8% in July.
Trade tensions will not spare even the most mature APAC banks
High foreign currency exposure is a rising threat.
Chinese banking fines up nearly sixfold in 2017
CBRC head Guo Shuqing has not been letting up in the crackdown.
India compels banks with over 10 branches to appoint internal ombudsman
It aims to strengthen banks’ internal grievance system.
Car loans rev up Malaysian bank lending to 5.3% in July
Consumers took advantage of the GST-free period to buy cars.
What are the key risks to buoyant Hong Kong banks?
Intricate Mainland ties are both boon and bane.
Hong Kong bank lending slows to 9.5% in July amidst threats of higher borrowing costs
This represents the slowest pace of growth in over one and a half years.
Singapore banks' loan growth up 10% in July
Lending was boosted by strong demand from manufacturing, transport, and business services.
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