BCA’s Setiaatmadja: “Accelerating digital strategy vital to growing customer base and business stability”

• Continuous expansion in digital capabilities is key to growing customer base and ecosystem
• Customer engagement surged as a result ...
  9254

Grab-Singtel, SEA Group, ANT and Chinese consortium win new digital bank licences in Singapore

Digital-only bank Tonik launches in the Philippines

• Tonik has launched its digital bank account in the Philippines
• The country’s central bank aims to increase financial inclusion t...
  8281

DBS Private Bank commits more than 50% of AUM to sustainability investments

https://www.wealthandsociety.com/updates-and-articles/dbs-private-bank-commits-more-than-50-of-its-aum-to-sustainability-investments...

Revolut moves into US and UK online banking race

• The company targets share of competitive US online financial services
• Operations ceased in Canada more than a year after the launc...
  5942

Can impact investing play a part in war zones?

https://www.wealthandsociety.com/updates-and-articles/can-impact-investing-play-a-part-in-war-zones...

Volt Bank's Steve Weston: “BaaS allows us to do banking differently in Australia"

• Volt Bank differentiates its approach through a banking-as-a-service model in a difficult market where neobanks face strong competition from...
  10850

A comparison of licensing frameworks for digital banks in the Middle East

• A new regulation framework will encourage the entrance of more digital banks with innovative offerings and services
• Diverse digita...
  15261

Starling’s Engine grows SaaS business with mobile-first platform

• Engine expands operations in Europe, Australia, Asia and Middle East 
• Technology architecture is cloud-native and modular
<...
6569

Will digital banks disrupt industry with lower cost-to-serve?

Digital-native neobanks and fintechs are disrupting traditional banks saddled by technical debts from legacy technologies and infrastruc...

CIB and Huawei: Co-constructing digital infrastructure of the future

When China Industrial Bank (CIB) found that its original data warehouse solution had begun to face challenges with managing increasing data assets,...

Temenos’ Becker: “There needs to be a transition plan from the infrastructure support now to the next generation”

• Cloud-based solutions fast-track the growth of digital banks
• Banks need a transition plan from the existing legacy infrastructure ...
  19670

Alex Bank’s Simon Beitz: “We focus on a higher margin for risk opportunities in consumer finance”

• Obtained the restricted authorised deposit-taking institution (ADI) banking licence in Australia in July 2021
• The two-year-old com...
  17253

UK banking industry riddled with fraud and flighty customers

At The Asian Banker Future of Finance Summit, Howard Davies, chairman of the NatWest Group, rang the bell on the prevalence of banking f...

NatWest’s Howard Davies: “The rise of neobanks, fintechs and AI challenges traditional banking”

Howard Davies explained the turbulence experienced by banks in the US and EU, particularly, the collapse of Silicon Valley Bank and Credit Suisse. ...