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COVID-19 has catalysed digital adoption, and there is no turning back. Businesses have to adapt or die. What was considered essential for life and for business has been redefined as new business models and ways of working have emerged. Financial institutions, including HSBC, have had to transform with...

SINGAPORE’S largest bank on Thursday (Nov 3) reported a 32 per cent year on year rise in net profit for the third quarter, buoyed by higher net interest margins, healthy loan momentum and a stable fee income.

WITH business momentum strong in the third quarter of 2022, DBS will likely remain resilient and post a “solid year” in 2023, said DBS chief executive Piyush Gupta.

THE use of blockchain technology will help transform financial services, including banking, investment and insurance, as greater efficiency is achieved and more products become available.

IN THE not-so-distant future, the life insurance customer experience will be hyper-personalised and seamless, driven by the combination of human and artificial intelligence (AI).  

IN the last few years, the wealth management ecosystem has changed at a very rapid pace, and I believe this change will accelerate further in the next decade, particularly in South-east Asia (SEA). Here are the four key trends driving the changes in wealth management in the region:...

TRANSFORMATION of any kind takes a bit of reverse engineering, which is why I often find myself thinking of the customer of the future – who exactly are they?

BLOCKCHAIN and the underlying Distributed Ledger Technology (DLT) are powerful tools that can transform the financial industry’s banking processes for the better.

DIGITAL banks have been becoming increasingly ubiquitous around the world and Singapore took the first step towards digital banks with the award of licences for the new wave of digital banks in Singapore two years ago.

OVER the course of history, technological advancements have reshaped the nature of money and finance. The decades-long journey from analogue to digital finance has resulted in cash all but disappearing from our lives and made transactions quicker, easier, and cheaper. Most money is now digital, with users able...