In 2020, Ping An Bank outperformed its domestic and regional retail banking peers not only in its business growth but also its technology capabilities…
Tags and Updates
Our archives on Retail
A year after Hong Kong issued eight digital banking licences, Mox and ZA Bank have emerged as the early leaders. Together with WeLab, the three banks account…
Several central banks are in different stages of implementing fiat digital currencies. Beyond domestic and retail applications, national central bank digital…
US multinational investment bank and financial services company Citi plans to shut down its consumer banking operations in 13 countries to refocus on wealth…
ASEAN member countries have taken steps to advance cross-border interoperability of standardised quick response (QR) code for payments and introduce…
HSBC Holdings is looking to focus capital from its underperforming businesses in Europe and the United States and invest $6 billion in Asia over a period…
DBS full-year 2020 net profit fell 26% to SGD 4.72 billion ($3.5 billion) despite record operating profit of SGD 8.43 billion ($6.3 billion) as total allowances…
After a COVID-19 led delay, the Monetary Authority of Singapore finally announced the winners of four of five digital banking licences that it planned…
Tech giants, which make up some of the world’s largest companies, are muscling into traditional banking spaces. But whether they want to crush the traditional…