In Focus
Philippine central bank to grant up to 4 new digital bank licenses
The moratorium for new licenses will be lifted on 1 January 2025.
Philippine central bank to grant up to 4 new digital bank licenses
The moratorium for new licenses will be lifted on 1 January 2025.
Mergers and closures loom for China's 3,800 rural banks
About 70 rural banks have already undergone mergers since 2023.
Fees lift Singapore banks’ Q2 profits
But their Q2 profits are likely to be lower compared to Q1, analysts said.
Ecosystem, data key for banks to keep up with disruptors
Banks must become the main choice of the customer, an analyst said.
Let China’s small banks fail– analyst
China should follow Spain's footsteps and establish a fund pool against bankruptcies.
Data analytics key to SEA digital banks' profitability and retention
After the initial novelty and rewards, digibank users are likely to revert to their old bank.
How GoTyme kiosks transformed grocery stores into banking hubs
The digital bank onboarded two-thirds of its 3.4 million users through supermarket kiosks.
Hong Kong banks ramped up hiring but investment bankers laid off
Trade and private bankers are most in demand, although banks are cautious.
Outstanding banking and finance industry champions crowned at Asian Banking & Finance Awards 2024
The 2024 Wholesale Banking Awards, Retail Banking Awards, Corporate and Investment Banking Awards, and the inaugural FinTech Awards recognised the industry's top performers for their innovation, dedication, and exceptional client service.
SG banks turn to upskilling as hiring sentiments turn ‘cautious’
Roles related to wealth advisory and anti-ML and fraud are most in demand.
APAC financial institutions struggle with ESG skill shortage
Organisations need the right talent to navigate regulatory and reputational risks.
Tokenisation of financial assets growing, but still in early stages
It enables a more transparent and standardised lending life cycle, says analysts.
Comarch aims to bridge Asian banks’ innovation with wealth needs
The Polish tech firm is looking to help banks build their wealth management platforms.
ZA Bank’s Devon Sin on why Web3 is key to HK’s growth
The bank has expanded services to cater to stablecoin issuers and Web3 companies.
KPay’s unified payment solutions platform propels SME growth
After expanding into Singapore, KPay aims to dominate APAC and serve over 1 million merchants.
Maybank SG offers boost to charities with special rates, network opportunities
Charities in the city may also avail of an interest-free grant of up to SG$150,000 (US$111,000)
Siam Commercial Bank shares crisis lessons from pandemic
The bank’s early investment in tech helped it grow its digital customer base to 17 million.
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Why Philippine banks, insurers embrace hyper-personalized services
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Industry experts push for the rapid progress of unified customer data as a starting point.
Industry experts push for the rapid progress of unified customer data as a starting point.
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