Cash Management
Citi unveils digital onboarding for APAC institutional clients
Citi unveils digital onboarding for APAC institutional clients
Clients can open accounts in as quickly as two days.
RHB Bank unveils mobile banking app for business clients
‘RHB REFLEX’ arms its users with flexible cash flow management capabilities.
Japanese regional banks eye information sharing to combat financial crime
A system that shares information on suspicious customers and transactions is being considered.
Kasikornbank ties up with DBS to extend funds transfer service to Singapore
The bank's inward fund transfer system can accommodate $45,085 at a time per day.
Taiwan has the highest ATM density in the world
There is one machine per 826 residents.
ICBC Asia's Wang Zhi Yong discusses the role of blockchain in cash management
He also talks about the bank's efforts of tapping new technologies.
China banks move forward on liquidity risk management front
Lenders may soon shun less stable short-term funding sources amidst clearer guidelines.
Evolving client roles push for integrated banking platforms
Banks are rolling out digital cash management tools to adapt to changes.
Asian banks pilot cross-border payment test over RippleNet
The collaboration aims to streamline cross-border payments.
Indian banks are facing another massive cash crunch
ATM withdrawals are surging as the country still reels from the 2016 demonetisation.
DBS launches online remittance service for non-customers
SmartSend allows money transfers to Australia, Hong Kong, India, Indonesia, Malaysia, Philippines, the UK, and the US.
Total deposits in Hong Kong down 0.8% in February
Further decline was offset by high savings and time deposits.
Chart of the Week: Check out the composition of Malaysian bank deposits from 2016 to 2017
Deposits grew 4% YoY in 2017.
Japanese banks' US dollar assets balloon 88% to $2.5t in 2017
They have become the most significant, non-US dollar banking player in terms of size.
China bank's medium-term loans up to $155.06b in February
The country's deleveraging campaign boosted return of funding demand to on-balance sheets.
Citi appoints Debopama Sen as head of treasury and trade solutions for Singapore and ASEAN
She will report to Rajesh Mehta, Asia Pacific head for TTS, and Amol Gupte, ASEAN head and CEO of Citi Singapore.
Weekly Global News Wrap Up: US banks look beyond trading; JPMorgan launches new payment processing network using blockchain
And find out why Canada's alternative lenders face bigger impact from new mortgage rules.
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