Tag: banking

Skills for finance are changing. And this is happening today already: “NAB will make 6,000 job cuts over then next 3 years with its digital banking revamp… NAB is hiring 2,000 people with different capabilities” says Banking Technology. After a ... ( read original story ...)

Earlier this week the Monetary Authority of Singapore (MAS) unveiled a new Industry Transformation Map (ITM) for the finance sector, aimed at boosting productivity and creating 3,000 net new jobs annually for the next three years, with an additional 1,000 ... ( read original story ...)

SINGAPORE (Nov 9): Singapore said on Thursday it has detained a Singaporean man and a woman for affiliations to radical Islamist groups under the country's tough security law that allows for detention without trial. The man, 25 year-old Abu Thalha bin ... ( read original story ...)

Hello, everyone! Here are three things about the local stock market that you might be interested in today. 1. The Straits Times Index (SGX: ^STI), finished Thursday at 3,423.91 points, up 2.66 points or 0.08%. The biggest winner in the index was Golden ... ( read original story ...)

Singapore-based OCBC Bank has unveiled plans to use artificial intelligence (AI) and machine learning, as part of its efforts to reduce financial crimes. The bank intends to deploy these technologies to deal with the increasing scale and complexity of anti ... ( read original story ...)

TOKYO/SINGAPORE, Nov 9 (Reuters) - The core unit of Mitsubishi UFJ Financial Group (MUFG) is looking to buy a 40 percent stake in Bank Danamon Indonesia for around 200 billion yen ($1.75 billion), a person with direct knowledge of the talks told Reuters on ... ( read original story ...)

MUFG, through its core unit Bank of Tokyo-Mitsubishi UFJ, intends to buy Danamon shares from Singapore state investor Temasek Holdings, a major shareholder, said two sources, who declined to be named as the talks were not public. Faced with sluggish growth ... ( read original story ...)

SINGAPORE - OCBC Bank on Thursday (Nov 9) said it is offering a new way of buying health insurance through digital channels. It has rolled out a product called Early Cancer Care, the first health insurance product sold through OCBC's mobile and Internet ... ( read original story ...)

TOKYO/SINGAPORE (Reuters) - The core unit of Mitsubishi UFJ Financial Group (MUFG) (8306.T) is looking to buy a 40 percent stake in Bank Danamon Indonesia (BDMN.JK) for around 200 billion yen (1.34 billion pounds), a person familiar with the matter told ... ( read original story ...)

TOKYO/SINGAPORE (Reuters) - Mitsubishi UFJ Financial Group (MUFG) is in talks to buy a 40 percent stake in Bank Danamon Indonesia for around 200 billion yen ($1.75 billion), a person with direct knowledge of the talks told Reuters on Thursday. MUFG ... ( read original story ...)

TOKYO/SINGAPORE: The core unit of Mitsubishi UFJ Financial Group (MUFG) is looking to buy a 40% stake in Bank Danamon Indonesia for around 200 billion yen (58 billion baht), a person familiar with the matter told Reuters on Thursday. Bank of Tokyo ... ( read original story ...)

Tesco Bank isn’t the only financial services company to harness the power of Face ID. OCBC Bank in Singapore has launched OneLook, which uses facial recognition technology to enable payments and view account information through the bank’s app. ( read original story ...)

SINGAPORE - He allegedly forged income tax documents to make the bank believe that his clients were earning a higher annual income or had enough cash to qualify for housing loans. On Thursday (Nov 9), former bank officer Paul Liew Ziguang, 30, was charged ... ( read original story ...)

(RTTNews.com) - The Singapore stock market has finished higher in back-to-back trading days, advancing almost 40 points or 1.2 percent along the way. The Straits Times Index now rests just above the 3,420-point plateau and it may add to its winnings on ... ( read original story ...)