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Physical bank branches still matter, consumer study reveals
But more than half won’t bank with an institution that doesn’t offer a digital experience.
Physical bank branches still matter, consumer study reveals
But more than half won’t bank with an institution that doesn’t offer a digital experience.
Bank BRI invests $1m into e-commerce venture Indonesia Mall
Indonesia Mall brings MSMEs online and introduces them to a larger market.
Online financial services rising amongst older Southeast Asians
The Philippines has its largest share of 41 to 60 year old users of online lending services.
Hong Kong's ZA Bank offers 6% introductory rate for deposits: report
The virtual bank’s rate is said to have outpaced the big traditional players’ offers.
Internet firm Sea applies for full digital bank licence in Singapore
It will focus on serving millennials and SMEs.
TONIK Digital Bank to launch in the Philippines in 2020
It will offer a full range of retail banking services, primarily retail deposits and consumer loans.
TransferWise launches mobile phone money transfer service in Singapore
Customers with a PayNow profile no longer need to input their bank account number.
Bank BRI partners with Investree to offer loans to entrepreneurs
It has earmarked more than $143m for digital lending via the platform.
Standard Chartered floats cross-border payments tracking portal
It is the first bank to launch a public platform for payments tracking.
Economic downturns threaten HSBC profits, restructuring: analysis
Low confidence levels could reduce demand for credit and lending and revenue growth.
Seafarer-focused e-money app MarCoPay obtains licence in the Philippines
The app will use QR codes to help seafarers manage and remit salaries.
BNP Paribas to launch e-FX pricing and trading engine in Singapore
The tech will offer e-FX trading of 50 currencies across various types of rates.
CIMB allots $730m for corporate sustainable loans
Borrowers will receive interest rate rebates upon reaching pre-agreed targets.
Indonesia's Bank BRI's mobile app cuts loan approval process to 2 minutes
Loans can be between $35 to $1,417.
Losses threaten Razer and Grab's digital banking license bids in Singapore
MAS is putting emphasis on profitability more than other regulators for the license requirements.
Denmark's Saxo Bank establishes joint fintech venture with Chinese auto firm Geely
It will provide financial and regulatory tech solutions to banks and fintechs in China.
HSBC Singapore launches new retail banking, investment platforms
Its financial planning and tracking app will have risk and scenario analysis functions.
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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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