FACEBOOK's virtual wallet for yet-to-be-minted Libra digital coins was renamed "Novi" on Tuesday.

HOCK LOCK SIEW

IT SEEMS like a natural course correction with the virus outbreak. As banks have to limit physical interactions with customers, more transactions are moving online.

THE BOTTOM LINE

IN THESE Covid-19 times, with movement restrictions in place, digital services have become a lifeline to millions across South-east Asia, helping consumers continue accessing essentials like...

IN an early sign of how the Covid-19 pandemic could change the banking scene as we know it, Singapore's second-largest bank said it expects to rejig its branch network strategy post-pandemic.

THE disruption forced by Covid-19 provides a rich opportunity for digital banking platforms, but also demonstrates how unequal access can deepen socio-economic and demographic divides. Effective...

WHEN Singapore first introduced PayNow in July 2017, the funds transfer service was used primarily for small transactions between friends who had linked their bank accounts to their phone number...

WITH the wide curbs on movement and the push to work from home amid the Covid-19 pandemic, more consumers here are turning to digital banking.

OPINION

OVER the past decade Asia's banking sector has led the world, not only in global banking profit pools, assets, and market capitalisation, but also in building new business models centred on...

AMONG Britain's digital app-based banks that are attracting moneyed urban millennials is Monese, which also courts customers neglected by the country's established lenders.

MAINBOARD-LISTED iFast Corporation is targeting an ambitious 20 per cent return on equity (ROE) from its digital banking outfit in the next five years, with the firm "confident" of receiving a...