Singapore

This was driven by a 1.9% growth in business loans.

Ho Kok Yong will also be part of the Asian Banking Awards judging panel for 2020.

It was boosted by online shopping and higher digital entertainment consumption.

Users buying from Fave’s partner merchants will receive up to 20% instant cashback.

Banking-as-a-Service, or more commonly known as BaaS, is an end-to-end process that enables third parties to directly connect with banks  systems so they can build products on top of the banks’ regulated infrastructure. The reason BaaS is a big deal today is that it makes it far easier for anyone — from start-ups to multinational enterprises — to create seamless, scalable payment experiences across and within borders.

The fintech said that it has powered almost $2b loans since 2016.

And Australia's BNPL firm Afterpay to acquire Spain's Pagantis.

Typical challenges include weak interest income and NIM compression.

It also plans to appoint a country business development manager.

The company aims to carry out its first live transactions by Q4 2020.

Real estate salespersons will now be able to instantly use their commissions.

The consortium is going big with its dream of meeting the underserved youth’s financial needs globally.

Their digital edge, branchless model, and cost-efficiency plans give little edge against established lenders.

New loan applications have declined as consumers are cautious of falling under debt.

The company won for its financial education program for overseas Filipino workers.

Singaporeans make up 43% of senior management roles in the local banking sector.