With branches shut, customers social distancing and fearful of tainted cash amid the coronavirus crisis, major banks in Hong Kong and Singapore are seeing a surge in demand for digital services. Photo: Shutterstock With branches shut, customers social distancing and fearful of tainted cash amid the coronavirus crisis, major banks in Hong Kong and Singapore are seeing a surge in demand for digital services. Photo: Shutterstock
With branches shut, customers social distancing and fearful of tainted cash amid the coronavirus crisis, major banks in Hong Kong and Singapore are seeing a surge in demand for digital services. Photo: Shutterstock

HSBC, Citi speed up digital push to ward off Asian upstarts

  • Banking giants are rolling out new video services and fresh mobile features for everything from wealth management to insurance
  • The heightened digital activity amid the coronavirus crisis comes as traditional banks contemplate how to fend off competition from virtual banking start-ups

Topic |   Fintech
With branches shut, customers social distancing and fearful of tainted cash amid the coronavirus crisis, major banks in Hong Kong and Singapore are seeing a surge in demand for digital services. Photo: Shutterstock With branches shut, customers social distancing and fearful of tainted cash amid the coronavirus crisis, major banks in Hong Kong and Singapore are seeing a surge in demand for digital services. Photo: Shutterstock
With branches shut, customers social distancing and fearful of tainted cash amid the coronavirus crisis, major banks in Hong Kong and Singapore are seeing a surge in demand for digital services. Photo: Shutterstock
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