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Sector Focus
Asia Pacific's banks are missing out on this business growth opportunity
SINGAPORE (June 22): Banks across Asia Pacific are missing out on a “significant economic, social and business imperative”: the ability to accurately assess customers’ credit risk, according to Silicon Valley analytics firm FICO.
June 22, 2017
Fintech
Silverlake Axis announces new banking solutions customer in Thailand
SINGAPORE (June 6): Silverlake Axis, the provider of software systems for financial institutions in Southeast Asia, has announced its receipt of a purchase order to implement its Silverlake Axis Integrated Banking Solution (SIBS) system at what it refers
June 06, 2017
Singtel signs $4.1 bil worth of credit agreements in Singapore & Australia
SINGAPORE (April 21): Singtel Group says its subsidiaries have entered into agreements for total credit facilities of approximately $4.1 billion in Singapore and Australia, for general corporate purposes and refinancing of existing facilities.
April 21, 2017
Global Economy
Biggest Chinese banks' bad-loan challenge may finally be easing
SHANGHAI/HONG KONG (March 31): The bad-loan challenge for China’s biggest banks, which worsened steadily over much of the first half of the decade, may finally be easing.
March 31, 2017
Weaker global economic climates drive banks into ‘protect & control’ mode
SINGAPORE (March 23): Given the potential implications of Brexit and US president Donald Trump’s financial deregulation efforts, banks around the globe are facing a surge of global economic uncertainties this year.
March 23, 2017
Online hiring for banking and finance sector falls at slower rate
SINGAPORE (Feb 27): Employment prospects across the banking, financial services and insurance (BFSI) sector in Singapore is retreating at a slower rate, according to the Monster Employment Index (MEI).
February 27, 2017
Financial services companies need to make bespoke banking practical by knowing their customers
(Feb 13): If you could do your banking on Facebook and purchase investment products on Amazon and insurance through Google, would you? According to Accenture’s latest research, you might be tempted to if the offer is right, which poses a challenge to fi
February 13, 2017
Fintech
What Singapore’s financial sector could really use right now
SINGAPORE (Jan 12): Accenture, the global professional services company, has published a new report suggesting that as financial services firms look to integrate robot and human services, they face the challenge of blending a physical presence with advanc
January 12, 2017
Tech
Blockchain, cognitive computing and cloud to shape future of finance
SAN FRANCISCO (Jan 10): Blockchain, cognitive computing and cloud are some of the technologies that will shape the finance industry the most in the digital age, banking and technology chief executives told a financial conference on Monday.
January 11, 2017