Tag: banking
In his new role, Siason will lead Deutsche Bank’s 1,500 strong platform in the Philippines. He will be responsible for the corporate bank and investment Bank, along with one of the bank’s two key service hubs in Asia-Pacific, serving critical back and middle office functions globally.
It is worth noting that the country’s Philippine Competition Commission (PCC) first approved the merger in September 2023, and then the country’s central bank (Bangko Sentral ng Pilipinas) approved the merger on December 2023.
This is the latest completed deal by UOB after it entered into an agreement with Citi January 2022 as part of a broader sale agreement covering consumer banking across Malaysia, Thailand, Vietnam and Indonesia.
Philippines – Following its pursuit to embrace digital readiness, Union Bank aims to poise itself to establish more user-friendly, online banking solutions that empower businesses in the current digital age. Among its latest initiatives, UnionBank has embarked on the development of PayExpress,...
Singapore – In pursuit of bringing a hyper-personalised digital experience in the market, the Bank of Philippine Islands (BPI) has announced its recent affiliation with Personetics, a global leader in financial data-driven personalisation and customer engagement. With this joint effort, the two are set...
The imposed pause was the result of when MAS directed DBS to conduct a third-party independent review of the bank’s systems back in April this year. Through the review, they identified several shortcomings on the bank’s systems which included system resilience, incident management, change management,...
Almost 60% of consumers in the Asia-Pacific have expressed interest in AI-driven decision-making facilitation for their investments amid economic uncertainty and perceived financial crises, a report from dentsu revealed.
A staggering 70% of banks in APAC failed to achieve digital transformation for their banking platform, as reported by Backbase.
Moreover, it also features a digital branch service executive, which can provide assistance with most personal account-related enquiries, which enables customers to save time by removing the need to wait for traditional teller counters.
Local banks DBS and POSB topped YouGov's Bank and Payment Brand Rankings 2022 in Singapore while Paypal and Revolut were the most improved brands.
