The Monetary Authority of Singapore (MAS) has imposed an extra capital requirement of SGD 930 million ($692 million) on DBS after the…
Thursday, 21 November 2024
Global payment platform Payoneer and FTAC Olympus Acquisition Corp announced they have agreed on a merger that is expected to close…
Increased utilisation of financial technology is setting the stage for further digitisation of the Philippine’s consumer banking industry,…
Traditional banks in China have begun to utilise cutting-edge technologies by collaborating with technology companies, start-ups or…
Economies of scale, profitability, and developing a comprehensive service proposition remain major challenges in Vietnam’s growing…
Retail banks in Hong Kong are capitalising on fintech to innovate their product palate and to reach out to new customers through dedicated…
The evolving landscape of South Korean retail banking is pushing banks to invest in financial technology to retain and attract customers,…
Taiwan’s Financial Supervisory Commission (FSC) is driving the country’s banks to move to digital platforms through its “Bank 3.0”…
Declining profitability from lending is forcing Japanese banks to rethink product and service strategies whilst innovative technology…
Credit card issuance and usage wane as digital and mobile payments increase in popularity.
HSBC will continue reshaping its business and conduct cost-saving strategies amidst a weak performance in its European, Latin American,…
Despite current economic challenges, Vietnam’s banking sector has promising longer term potential due to its relatively young and increasingly…
