Reported 12 months ago
State-owned banks in Taiwan are actively pursuing digitalization, with Taiwan Bank launching digital accounts for student loan borrowers, offering incentives. The Chunghwa Post Bank provides rebates for transferring money using mobile phone numbers. Mega Bank seizes the opportunity of the yen exchange trend by offering digital accounts with credit cards, providing substantial yen rebates. The Ministry of Finance encourages state-owned financial institutions to strengthen digital and AI applications to enhance services and efficiency, leading to the launch of attractive digital financial applications. Taiwan Bank simplifies digital account opening for student loan customers based on loan data, offering enhanced interest rates and free online interbank transfers to encourage account sign-ups.
Source: YAHOO