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DBS experienced outages to its online banking services from 23 to 24 November, the second extensive disruption to its digital services…
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Alibaba and JD.com continue to set new sales records during the Double 11 shopping event, although growth decelerated amid China’s…
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The COVID-19 pandemic has led to a shortage of semiconductors globally, accelerated by the increase in remote working and schooling…
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Square announced its acquisition of Australian buy now, pay later (BNPL) company, AfterPay, through a $29 billion deal. Square posted…
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Bank Negara Malaysia has announced that it will issue five digital banking licences by next year. So far, BNM has received 29 applications.
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The strategic partnership between LINE and Hana Bank continues following the launch of digital banking platform LINE Bank in Indonesia.…
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Kazakhstan has started a public consultation for the launch of a central bank digital currency (CBDC).
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Despite 2020 being a difficult year for most economies, some countries’ remittance flows have proven more resilient than expected during…
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Alibaba posted a quarterly net loss for the first time since 2014 mainly due to the anti-monopoly fine slapped by the regulator in…
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The world’s 60 largest banks from Europe, Asia and North America continue to funnel nearly $3.8 trillion into fossil fuel projects…
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Singapore’s three major commercial banks, DBS, OCBC, and UOB, reported improved financial results for the first quarter of 2021
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Determined to make Europe the first climate-resilient continent by 2050, the European Commission presented a package of new proposals…