WeBank remains top global digital-only bank, followed by Ally Bank and ING (Global) in second and third place, respectively Top-ranked banks by country and region include TymeBank, South Africa (Africa), Mashreq Neo…
Read MoreBack Published on 31 July 2023 278 Views Print Final reflections on the LIBOR transition 5 min read In 2013, the Financial Stability Board (FSB) established the Official Sector Steering Group (OSSG) with the view…
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The standardised legal entity identifier will enhance due diligence, compliance, fraud screening, and regulatory reporting for faster, cheaper payments for consumers BoE chooses LEI for CHAPS payment Benefits extend to cross-border payments Realising…
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Whether self-made, inherited, or both, individuals and families with substantial fortunes get categorised according to their wealth within the financial industry Wealth classification based on liquid assets About 25,490 persons have fortunes worth $100…
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There is huge development potential in inclusive finance in the Chinese market, one that shares characteristics with new-citizens who are not effectively served by traditional financial institutions With China’s economy gradually shifting from being investment-driven…
Read MoreBack Published on 31 July 2023 74 Views Print CommBank streamlines online home loan refinance application 5 min read Commonwealth Bank (CommBank) announced an optimised digital functionality to make it easier and quicker for customers…
Read MoreBack Published on 24 July 2023 404 Views Print OCBC creates chief sustainability officer to accelerate ESG efforts 5 min read OCBC, the second largest financial services group in Southeast Asia by assets announced the…
Read MoreBack Published on 27 July 2023 199 Views Print UK and Singapore enhance cooperation in sustainable finance and fintech 5 min read The United Kingdom (UK) and Singapore held the 8th UK-Singapore Financial Dialogue in…
Read MoreBack Published on 28 July 2023 99 Views Print MAS enables online nomination of insurance beneficiaries 5 min read The Monetary Authority of Singapore (MAS) announced that insurance policy owners will soon have online options…
Read MoreBack Published on 25 July 2023 288 Views Print Alex Bank achieves record lending growth with low-cost deposits 5 min read Alex Bank, one of Australia’s newest digital banks, has announced its fiscal year 2023…
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