Singapore

Despite tight margins, Japanese banks have higher survival chances than European banks.

The system will conduct automated risk assessment of clients, investments, and transactions.

They did not inform the clients of higher spread or improved interbank price of bonds.

V3 recently created a fintech unit and hired a former CEO of a Temasek unit as adviser.

Singapore Life’s $150.39m funding was amongst the year’s notable deals.

This will make Singapore the second country to launch new version of Google Pay.

DBS, OCBC and UOB have averaged an 8% YTD growth in net profit to a combined $11.85b.

Understanding the intricacies of global best practices and adapting to it will set machine learning (ML) on a successful course; highly skilled accountants are vital to that process – including those in the banking industry.

It aims to forge closer relations with APAC central banks and financial authorities.

Users may access all local bank accounts through their own mobile banking apps.

DBS has worked with three healthcare clusters on the payment infrastructure.

The trade finance gap is a serious issue that is impacting the health of global trade and business development in many countries across the world. Trade finance is the fuel of global trade, upon which 80 to 90% of world trade relies, and if access to trade finance is compromised for certain companies, global trade will be unable to reach its full potential.

Customers can track the state of their finances, chase refunds, and monitor subscriptions.

This was due to higher net interest income, loan growth, and fee income.

It eyes increased investments in cybersecurity and AI.

As the ways and means of hiding dirty money rise, banks, MAS and law enforcement must keep up.