01/10/2021
The incentive that we give is higher than normal savings...if we look at savings at most banks, they are less than 1.0 per cent, but CBP gives as high as 1.75 per cent for savings account
01/07/2021
PIDF scheme’s key aim is to create payments acceptance infra in tier-3 to tier-6 cities
01/07/2021
Deal priced inside its fair value amid strong demand
01/05/2021
They are also forecasting DBS to report lower impairments, and OCBC's non-performing loans to trend upwards to 2.5 per cent to 3.5 per cent in FY21.
01/04/2021
Among the best features of the bank which lead to international recognitions are the FX services, Maybank2U (M2U) mobile app and Maybank 2E cash management solution.
12/31/2020
The division’s $21 billion in consumer loans implies a tangible book value of $1.6 billion, based on the capital typically carried by other U.S. retail banks.
12/30/2020
BRI will focus on areas most visited by Chinese tourists, including Bali, Batam and Manado, before expanding the acceptance of Alipay across its network of merchants using QRIS.
12/29/2020
The direct transaction market between the South Korean won and the Chinese yuan was launched here in 2014 to boost payments and settlements in trade using both currencies and lower the exchange rate-related risks.
12/28/2020
The mainland central bank also called for a timetable as soon as possible and to understand the need for the overhaul.
12/21/2020
Usually, announcement of the winners takes a year after a licensing framework is launched.
12/16/2020
Australian domestic payment schemes to merge
The merger is the result of a review by the Reserve bank of Australian which noted consolidation of some domestic payment groups should be considered.
12/15/2020
It currently provides acquiring, payment processing, point-of-sale and other payment solutions to one million merchants and 1,200 banks and financial institutions globally.
12/15/2020
The paper says that digital currencies are expected to take centre stage, with the advent of the digital economy era.
12/14/2020
New payment technology rolls out for Gold Coast Light Rail commuters in South East Queensland, supporting traditional cash and go card.
12/08/2020
Digital platform provides retail investors easy access to 9 billion peso issuance
12/07/2020
The sale price also includes earn-out payments of up to $45 million which are scheduled to occur annually over 24 months following completion and are subject to the business performance of Westpac Fiji.
12/07/2020
The sale price is made up of $315 million payable at completion and $60 million to be paid six-monthly over the following 18 months for Westpac PNG.
12/01/2020
«It remains a key priority for MAS to further broaden and deepen our FX market, and we welcome more buy-side participants to join the fast-growing FX e-trading ecosystem in Singapore,»
11/30/2020
China Zheshang Bank to open wealth management subsidiary
The issuance of public and private funding products and offering economic advisory and consulting services are among the subsidiary's business space.
11/27/2020
YES Bank implements SMS Pay functionality on POS terminals
SMS Pay is a step towards facilitating merchants to accept remote payments on their POS machines and enabling their customers to transact safely from the comfort of their homes.