SINGAPORE (June 4): Digital adoption rates of Standard Chartered Bank (StanChart) have hit historic highs, the bank said in a statement yesterday.

Digital sign-ups of credit cards grew 71% year-on-year (y-o-y) for the first four months of 2020, while wealth and investment-related transactions more than doubled. Overall, there was a 30% y-o-y surge in the volume of digital transactions in March 2020, while mobile banking users increased 42% y-o-y.