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Five major banks, representing 80% of Visa and MasterCard credit and debit cards issued in Singapore, have signed up to Apple Pay, extending the use of the mobile wallet beyond a limited earlier release for AmEx cardholders. MasterCard says it is working with…
Standard Chartered Bank has opened a new innovation lab in Singapore to explore the use of emerging technologies and data sciences in support of the bank’s digital transformation strategy. The ‘eXellerator’ builds upon Standard Chartered’s established…
The regional head of retail banking for Greater China and North Asia at Standard Chartered (2888), Mary Huen Wai-yi, said Hong Kong will be used as a hub to attract high net worth customers from the mainland to bring growth in retail banking income in the…
Malaysia is one of the first six markets to go live with Retail Workbench, a digital tablet-based sales-and-service tool, according to Standard Chartered Bank, which globally launch of its Retail Workbench, The iPad tool is also live in India, the UAE,…
Two big U.K. banks’ shares tanked over the past couple of days, and unlike the British pound, they’re not weakening because of the so-called “Brexit” referendum — although that certainly doesn’t help. Instead, their fall may have a lot to do with the market…
Standard Chartered has hired James Dolphin from Capital One as chief information officer, retail banking, to help kickstart the bank’s digital transformation initiative. Dolphin’s appointment comes after the bank announced plans to cut 15,000 jobs and…
Standard Chartered Bank has appointed James Dolphin as its Chief Information Officer (CIO) for retail banking. From March 2016, Dolphin will report directly to the bank’s Group CIO, Dr Michael Gorriz, and be based in Singapore. Prior to this role, Dolphin was…
In order to follow new MAS regulations. HSBC will transfer its local retail banking and wealth management business, which is currently under the HSBC Singapore Branch, to a locally incorporated subsidiary, HSBC Bank (Singapore) Limited. The transfer of HSBC’s…
Standard Chartered Bank Korea plans to invest 10 billion won ($8.24 million) in its wealth management, aiming to double the size of operations over the next five years, a top company executive said Thursday. “We have set a target of 100 percent growth in the…
Hong Kong’s retailers remain pessimistic about their industry prospects, with a survey from the Hong Kong Productivity Council suggesting that the sector’s business confidence is at three-year low. The Standard Chartered Hong Kong SME Leading Business Index…
