The top 10 digital banks saw revenue grow from $41 billion in 2022 to about $49 billion in 2023

South American banks led with the highest average loan-to-deposit ratio at 109%, followed by Europe at 96%, with around 50% of South American and 42% of European banks with ratios exceeding 100%

From 2019 to 2023, the share of consumer finance relative to total retail lending declined in Hong Kong and South Korea, but increased significantly in the Philippines.

Bank boards globally lack enough technology experts to influence strategy decisions, though North American banks are better at integrating such experts into their boards

DBS’ Business Advance+ card will streamline cross-border transactions, alongside its StartUp Movement to provide targeted financial and business support for small businesses in Singapore

The global outage led by the CrowdStrike-Microsoft faulty software update underscores the emerging gaps in resilience, interdependence of systems, vendor concentration, and single points of failure in networks