Taiwan

Taiwan embraces facial recognition in online banking

Taishin Bank will utilise the technology for clients with iPhone X by Q3.

Taiwan embraces facial recognition in online banking

Taishin Bank will utilise the technology for clients with iPhone X by Q3.

Taiwanese banks eye shorter banking hours as more clients opt for online banking

A number of branches by Taiwan Business Bank will close an hour-and-a-half minutes earlier.

Taiwan intensifies financial consultant oversight amidst theft reports

Fines for thefts committed by financial consultants since 2012 hit $2.78m.

Asset quality risks grow as Taiwanese banks grapple with China's slowdown

Delinquencies climbed in the overseas loans of cyclical sectors as well as loans to China and Southeast Asia.

Taiwanese banks' yuan deposits up to $42.34b in March

RMB deposits held by offshore banking units rose by $200m to $5.06b.

Standard Chartered Taiwan to inject $16.2m in upcoming web-only Line Bank

Line Bank will compete with web-only bank hopefuls as only two licences will be granted by Taiwan.

Citibank Taiwan unveils credit card with higher cashback

It offers up to 3% cash back for new customers.

Taiwanese banks clamp down on Chinese exposure in hunt for fatter margins

Mainland credit exposure has dropped since Q3 2018 and is likely to remain flat in 2019.

Bank of Taiwan unveils representative office in Manila

Its next target for expansion include Vietnam, Indonesia, and Malaysia.

Taiwanese banks' year-end loans receive boost from heated consumer spending

Housing loans rose for the 22nd straight month to $226.97b.

Taiwanese banks' yuan deposits shrinks to 4-year low in December

This represents the third straight month of decline.

HSBC enhances credit card rebate programme in Taiwan

It will allow cardholders to exchange every NTD from cash rebate for two airline miles.

Chart of the Week: Taiwanese banks' capitalisation hit 11.4% in H1

This is above the prescribed tier 1 capital ratio of 8.5%.

Taiwanese banks move to plug money laundering shortfalls

There were insufficient safeguards in their offshore banking units.

Trade tensions cut Taiwanese 2019 bank loan growth to 3.2%

Taiwan is amongst the most exposed to US tariffs on Chinese goods.

DBS Taiwan unveils credit card for everyday purchases

Cardholders earn one reward point for every NT$5 spend and points have lifetime validity.