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FIs must race to scale and advance AI capabilities

FIs must race to scale and advance AI capabilities

Banks have been investing in AI over the last few years, focusing on specific use cases. They must now scale AI across their business processes and incorporate emerging advancements in GenAI. Artificial intelligence (AI)…

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BRI’s Prioritas programme to expand reach into affluent banking space- The Asian Banker

BRI’s Prioritas programme to expand reach into affluent banking space- The Asian Banker

Bank Rakyat Indonesia is setting new benchmarks in the burgeoning affluent segment in the country with its Prioritas programme, a robust suite of diversified investment vehicles backed by a differentiated market penetration strategy Wealth…

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“We approach customers as ‘One Bank’ with the entire bouquet of services”- The Asian Banker

“We approach customers as ‘One Bank’ with the entire bouquet of services”- The Asian Banker

ICICI Bank reported significant business growth in the first half of FY 2023-24, with increases in operating income and net profit driven by strong credit expansion ICICI Bank, the second-largest private sector bank in India,…

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Foreign investments via Bangko Sentral ng Pilipinas-authorised agent banks yield net inflows in November

Back Published on 28 December 2023 254 Views Print Foreign investments via Bangko Sentral ng Pilipinas-authorised agent banks yield net inflows in November 5 min read Transactions on foreign investments registered with the Bangko Sentral…

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E-commerce in China shows resilience, despite modest sales growth in Double 11

E-commerce in China shows resilience, despite modest sales growth in Double 11

China’s e-commerce rebounded in 2023, with Pinduoduo’s remarkable performance surpassing that of Alibaba and JD.com. Alibaba responded with the ‘Year-End Good Price’ festival, emphasising a ‘low price strategy.’  Top e-commerce players saw decent…

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MAS fines Credit Suisse $3.9M for relationship manager misconduct

Back Published on 28 December 2023 129 Views Print MAS fines Credit Suisse $3.9M for relationship manager misconduct 5 min read The Monetary Authority of Singapore (MAS) has imposed a civil penalty of $3.9 million…

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IOSCO finalises policy recommendations for decentralised finance

Back Published on 20 December 2023 409 Views Print IOSCO finalises policy recommendations for decentralised finance 5 min read IOSCO, the global standard setter for securities market regulators, has published its final report with policy…

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Moomoo claims to be first MAS-approved digital broker for payment token service

Back Published on 20 December 2023 582 Views Print Moomoo claims to be first MAS-approved digital broker for payment token service 5 min read Moomoo Financial Singapore (Moomoo Singapore) is one of the first digital…

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Singlife bought by Sumitomo Life

Back Published on 22 December 2023 125 Views Print Singlife bought by Sumitomo Life 5 min read SINGAPORE, 22 Dec 2023 – Leading homegrown financial services company Singapore Life Holdings Pte Ltd (“Singlife”), today announces that…

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StanChart sees 10,000 clients joining SC Inner Circle for improved banking

Back Published on 20 December 2023 539 Views Print StanChart sees 10,000 clients joining SC Inner Circle for improved banking 5 min read Standard Chartered Singapore has introduced SC Inner Circle, a revolutionary client engagement…

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