iFAST's Payment Infrastructure Expansion Could Boost Deposit Inflows -- Market Talk

Dow Jones

Jun 18

0548 GMT - iFAST's move to expand its payment infrastructure could boost its deposit inflows, says RHB Research's Syahril Hanafiah in a note. The digital wealth platform recently added payment features powered by external sources for both individual and corporate clients to its global bank segment, he notes. These moves are in line with the company's strategy of layering payment systems on to its existing infrastructure instead of building new core products, he says. The features should deepen its banking ecosystem and attract new clients, boosting its fee-based income and deposit growth, the analyst says. Still, the direct boost to earnings at this juncture could be limited. RHB retains its buy rating and target price of 12.20 Singapore dollars. Shares drop 0.2% to S$9.02. (megan.cheah@wsj.com)

(END) Dow Jones Newswires

June 18, 2026 01:48 ET (05:48 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.itiger.com/news/2644338772"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2644338772\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2644338772?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-06-18 13:48","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2644338772","market":"us","top_or_hot":-1,"title":"iFAST's Payment Infrastructure Expansion Could Boost Deposit Inflows -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0548 GMT - iFAST's move to expand its payment infrastructure could boost its deposit inflows, says RHB Research's Syahril Hanafiah in a note. The digital wealth platform recently added payment features powered by external sources for both individual and corporate clients to its global bank segment, he notes. These moves are in line with the company's strategy of layering payment systems on to its existing infrastructure instead of building new core products, he says. The features should deepen its banking ecosystem and attract new clients, boosting its fee-based income and deposit growth, the analyst says. Still, the direct boost to earnings at this juncture could be limited. RHB retains its buy rating and target price of 12.20 Singapore dollars. Shares drop 0.2% to S$9.02. (megan.cheah@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 18, 2026 01:48 ET (05:48 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>iFAST's Payment Infrastructure Expansion Could Boost Deposit Inflows -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\niFAST's Payment Infrastructure Expansion Could Boost Deposit Inflows -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-06-18 13:48</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0548 GMT - iFAST's move to expand its payment infrastructure could boost its deposit inflows, says RHB Research's Syahril Hanafiah in a note. The digital wealth platform recently added payment features powered by external sources for both individual and corporate clients to its global bank segment, he notes. These moves are in line with the company's strategy of layering payment systems on to its existing infrastructure instead of building new core products, he says. The features should deepen its banking ecosystem and attract new clients, boosting its fee-based income and deposit growth, the analyst says. Still, the direct boost to earnings at this juncture could be limited. RHB retains its buy rating and target price of 12.20 Singapore dollars. Shares drop 0.2% to S$9.02. (megan.cheah@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 18, 2026 01:48 ET (05:48 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK6052","symbol_name":"资产管理与托管银行","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2644338772","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2644338772","pubTimestamp":1781761680,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0548 GMT - iFAST's move to expand its payment infrastructure could boost its deposit inflows, says RHB Research's Syahril Hanafiah in a note. The digital wealth platform recently added payment features powered by external sources for both individual and corporate clients to its global bank segment, he notes. These moves are in line with the company's strategy of layering payment systems on to its existing infrastructure instead of building new core products, he says. The features should deepen its banking ecosystem and attract new clients, boosting its fee-based income and deposit growth, the analyst says. Still, the direct boost to earnings at this juncture could be limited. RHB retains its buy rating and target price of 12.20 Singapore dollars. Shares drop 0.2% to S$9.02. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK6052":"资产管理与托管银行","BK6503":"金融科技概念","AIY.SI":"奕丰集团","SG9999002406.SGD":"利安新加坡信托基金","SG9999002414.USD":"LIONGLOBAL SINGAPORE TRUST (USD) ACC"},"translate_title":"奕丰支付基础设施的扩张可能会增加存款流入——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AIY.SI":0.9},"content_text":"0548 GMT - iFAST's move to expand its payment infrastructure could boost its deposit inflows, says RHB Research's Syahril Hanafiah in a note. The digital wealth platform recently added payment features powered by external sources for both individual and corporate clients to its global bank segment, he notes. These moves are in line with the company's strategy of layering payment systems on to its existing infrastructure instead of building new core products, he says. The features should deepen its banking ecosystem and attract new clients, boosting its fee-based income and deposit growth, the analyst says. Still, the direct boost to earnings at this juncture could be limited. RHB retains its buy rating and target price of 12.20 Singapore dollars. Shares drop 0.2% to S$9.02. (megan.cheah@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 18, 2026 01:48 ET (05:48 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}