Tag "mobile banking"

Maybank’s Mobile Banking Sees 91% Increase in Transaction

Maybank Berhad, Malaysia’s largest bank by assets has seen a 91% spike in transactions for its mobile banking during the first three quarters of 2017. The bank said in a statement that this trend illustrates the trend that consumers are

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Revolut to Launch in Singapore

Revolut, a London-headquartered neo-bank, is about to launch in Singapore as the company started letting users join the waiting list to get early access. Revolut, which currently serves some 800,000 customers across Europe, announced plans to expand to the US,

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Mobile Banking Surges in Asia

Mobile is already the largest banking channel by volume of transactions and its adoption by new customers is entering an exceptionally rapid phase. A survey (pdf) by McKinsey and Company found that across ASEAN (Singapore, Malaysia, Brunei, Cambodia, Indonesia, Laos,

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Life.SREDA: ‘Second Wave’ Neobanks Are Coming From the UK

Mobile bank users globally are forecast to more than double by 2019, according to a 2015 KPMG report, and the millennial generation, born from the 1980s to the early 2000s, may well be the reason of this emerging trend. Real-time

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11% of Millennials are Making Purchases from their Smartphone Daily / Security Concerns vs Banking

Millennials have never known anything but new technologies, changing technologies, adjustment and adaptation. Born between the early 1980s to the early 2000s, this generation wants to do everything on their mobile devices, a trend that had the influence to be

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Drastic Shifts in Behavior is Boosting Mobile Banking in Southeast Asia

Digital banking has become a serious business trend as Asian consumers are becoming more and more comfortable with using mobile and Internet channels for banking services. According to a report from McKinsey, the use of mobile and Internet channels for

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Singtel and SCB’s Dash Seeks to Reinvent How Singaporeans Pay, Save and Borrow Money

Released in June 2014, Dash is a mobile banking service from Singapore Telecommunications Ltd. (Singtel) and Standard Chartered Bank (SCB) that aims to reinvent the way Singaporeans access, save and borrow money, make payments and purchase insurance. Essentially, Dash consists in

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