APAC
Indonesia and South Korea to enhance cross-border payments
The central banks expect that it will promote digital economy and benefit the tourism sector.
Indonesia and South Korea to enhance cross-border payments
The central banks expect that it will promote digital economy and benefit the tourism sector.
Banks to log $82b losses in 2024: S&P
This is due to credit costs normalisation and not asset problems.
Malaysian Islamic banks’ funding clean-up could take up to 5 years
Islamic banks need to strengthen their deposit base.
HSBC, Visa team up to develop multi-currency app Zing
Users can hold funds in 10 different currencies and transact in 200 countries.
APAC investment banking fees drop to eight-year-low in H1
ECM underwriting fees fell to its lowest level since 2013.
Here's why you shouldn't miss the 2024 Asian Banking & Finance and Insurance Asia Summit
Shape the future of financial services in Asia at the region's premier banking, finance, and insurance summit.
Outstanding banking and finance industry champions crowned at Asian Banking & Finance Awards 2024
The 2024 Wholesale Banking Awards, Retail Banking Awards, Corporate and Investment Banking Awards, and the inaugural FinTech Awards recognised the industry's top performers for their innovation, dedication, and exceptional client service.
APAC banks face 2.5 million shortage of skilled cyberstaff
Banks may not have the right people in-house to mitigate them.
Ant Group and Mastercard extend payments program to Chengdu, Chongqing
Tourist spending using Ant Group’s digital payments rose 13-fold in the two cities.
WTW urges APAC banks to consider non-payment insurance
Uncertainties like the Chinese real estate crisis call for effective credit risk management.
Thriving with Basel III: Advanced Credit Risk Solutions for Malaysian Banks
The need for advanced and real-time credit risk solutions has become increasingly crucial, says Nicholas Lim.
Trade finance assets poised for tokenisation: StanChart
Trade finance could make up 16% of the estimated $30.1t market.
APAC financial institutions struggle with ESG skill shortage
Organisations need the right talent to navigate regulatory and reputational risks.
Fintech venture investments in Asia to hit $548b in 2028
In 2023, Asian fintechs have clinched $369b in investments.
APAC banks face potential impact from falling property prices
China’s declining property sales and home prices signal weakened confidence.
Financial firms to raise gen AI spending as they seek growth benefits
Despite hype, gen AI spending is low in 2023, at around $400,000 at its highest.
Tokenisation of financial assets growing, but still in early stages
It enables a more transparent and standardised lending life cycle, says analysts.