News

Artificial Intelligence can fill the crevices in the banking industry: UnionBank exec

Other potentials of AI in banking could help reach broader markets in the underserved segment of the country.

Artificial Intelligence can fill the crevices in the banking industry: UnionBank exec

Other potentials of AI in banking could help reach broader markets in the underserved segment of the country.

HLB and Cagamas concludes RM300m green deal

It is Malaysia's first corporate issuance relating to green housing loans and financing.

Bank Rakyat Indonesia issues new green bonds worth IDR6t

This is in line with the BRI’s commitment to sustainable finance.

Golden Week drives Alipay spending by Chinese tourists

The average spending has surpassed pre-COVID-19 levels

KakaoBank buys 10% in Superbank, enters partnership to boost digital banking in Indonesia

Superbank is planning to publicise its mobile app later in the year.

GCash operator Mynt buys payment platform from Globe for $41m

This comes ahead of plans for GCash to launch an IPO.

SG’s financial sector welcomes automation amidst economic uncertainty

20% of staff have noted resistance to the overall process of automation.

DBS, Univers ink deal to concoct digital solutions toward net-zero

Pilot tests will initially involve DBS' SME clients in Hong Kong, India, Mainland China, and Singapore.

UOB assembles panel for sustainability advising

Industry experts were handpicked to lead the panel.

Non-bank and housing financers to see robust loan growth in 2024: Ind-Ra

Diversified large NBFCs might turn to public debentures.

BPI eyes shifting branch agent role from transactions to advisory: exec

President and CEO TG Limcaoco said that BPI wants their branch agents to spend 70% of their time offering advice to clients.

Ripple obtains MPI license in Singapore

Singapore is one of Ripple’s fastest growing markets, it said.

Malaysian banks face flattish NIMs amidst slower-than-expected loan growth

Dividend yield will remain attractive, however, says UOB Kay Hian.

Endowus teams up with world’s third largest private equity firm

EQT funds are now available to Endowus private wealth clients in Singapore and Hong Kong.

Sygnum Singapore obtains major payments institution license

It can now operate its DPT brokerage service in Singapore.