Daily news from Asia

Small step for Green Link Digital Bank, large leap for Singapore MSMEs

Even the smallest of ripples can transform to be the biggest waves in the ocean–and a similar mindset is driving Green Link Digital Bank (GLDB), Singapore’s newest wholesale digital-only bank, which announced its soft launch in June.

Why LINE Bank chose Indonesia as its third home

After successful launches in Thailand and Taiwan, LINE is going steady in Indonesia. The country released digital banking guidelines in mid-2021 that allowed digital banks to be built from scratch, through partnerships and acquisitions, or through reorganising current players into neobanks.

The new brand of personalisation that’s shaping Citi’s digital banking

The word personalisation gets thrown around a lot when it comes to digital banking. With 80% of their customers logging into their applications monthly, Citibank knows only too well about these expectations: a customer experience-centered banking journey, right at their fingertips.

UNO Digital Bank sets its sights on being Filipinos’ top virtual bank

For the Philippines’ newest digital-only lender UNO Digital Bank, there’s no other place they want to be but at the top. “We want to be number one when it comes to impact on financial inclusion, number one in terms of lending balance sheet, number one in terms of innovation.”

Does the future of banking lie in the metaverse?

The future of banking may just lie within the comforts of your home while you transport yourself into a digital world and your digital self discusses finance with your digital banking assistant. At least, that’s what banks are betting on as they head into the metaverse.

Salaries soar as Hong Kong banks engage in poaching war

Hong Kong banks are shelling out large sums of money to attract, retain, and develop key staff amidst a shrinking pool of talent. This, coupled with tough competition from their peers, has pushed up offers and counter offers to their highest rate in a decade, recruitment agents said.