MAS to Issue Up to Five Digital Bank Licences

MAS to Issue Up to Five Digital Bank Licences

The initiative effectively extends digital bank licences to non-bank players, as existing banking groups in Singapore already have a framework for
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Banks wary of rising hedging cost

MUMBAI: A dozen large banks have alerted the Reserve Bank of India (RBI) about the spike in hedging cost of corporates as banks are unable to
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Montana Bankers Association elects Lucas, Bickle

At its 116th annual membership meeting, the Montana Bankers Association elected Bill Lucas, market president at U.S. Bank in Billings, as immediate
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Mobile banking to overtake high street branch visits in two years

Mobile and internet banking is already widespread in the UK. Over two-thirds of British adults used online banking and 48% used mobile banking in
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Australia's open banking regime: Generic product data available from 1 July

The National Australia Bank (NAB), meanwhile, told ZDNet in December that it was pretty well-placed to handle open banking with the internal data
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Difficult, imprecise, risky: Banks reject responsible lending plan

The Australian Securities and Investments Commission published the responses of the big four banks to its responsible lending proposals on Monday
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New banking code of practice has 'real teeth'

Australian banks will now have to comply with a new code of practice, after recommendations from the Banking Royal Commission. Tougher lending
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US Privacy Policy

This FORTUNE Privacy Policy is delivered on behalf of Fortune Media (USA) Corporation and our affiliates and governs the data collected on any
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Number of private money lenders slightly rises in H2 last year

SEOUL, July 1 (Yonhap) — The number of private money lenders operating in South Korea rose 1.7 percent in the second half of last year from six
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Mobile banking will overtake the use of high street branches by 2021, experts claim

Caci said that rather than mobile banking app users giving up using bank branches, the technology is supplementing branch use rather than replacing
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Fortune 100 company data exposed by misconfigured Attunity AWS instance

Data relating to a range of Fortune 100 companies has been found exposed on three Amazon Web Services Inc. S3 storage instances belonging to
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Banks: The Squeeze Is On

The broker encapsulates a modest slowdown in housing credit growth into its figuring, while continuing to believe business lending will accelerate.
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There Were More CEOs Named Jeffrey Than CEOs Who Were Women Last Year: Report

In an analysis of new CEOs last year, Fortune magazine made a fascinating discovery: more men named Jeffrey — and Michael — than women were
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Bank responsible lending grillings loom

Several of the big banks were called out at the Hayne royal commission for not showing proper regard to the responsible lending laws to ensure a
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Affin Hwang maintains Neutral on banking sector

Affin Hwang maintains Neutral on banking sector … Banking system loan growth grew 0.3% month-on-month and rose 4.6% year-on-year (y-o-y) in
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Assessing loans is not 'one size fits all'

… its responsible lending guidance to clearly spell out what it expects of lenders when someone applies for a mortgage, personal loan or credit card.
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Fenimore Asset Management Has Raised Its Fortune Brands Home & Sec (FBHS) Holding by …

Fenimore Asset Management Inc increased its stake in Fortune Brands Home & Sec Inc (FBHS) by 62.33% based on its latest 2019Q1 regulatory filing
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'The Room's Tommy Wiseau And Greg Sestero Travel The Galaxy In Animated Pilot 'SpaceWorld'

Wiseau and Sestero are lending their voice to the loosely serialized animated sci-fi series. Wiseau stars as the mysterious bounty hunter known as TX,
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Housing prices in Sydney have gone up for the first time in two years

House prices in Sydney are up for the first time since the property boom in 2017 and are potentially leading a recovery trend, according to data firm
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Home sales dip in Allegany County

ALBANY — Home sales prices continued to rise in New York State in May, while the inventory of homes for sale also inched upwards for the sixth
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