Deutsche Bank strengthens APAC transaction banking franchise through client-centric innovation and disciplined growth

Deutsche Bank outlines its strategy for sustainable growth in transaction banking across Asia Pacific and beyond, leveraging its European heritage, ex...

HSBC Live+ targets lifestyle spends with overseas cashback benefits

HSBC Singapore’s Live+ credit card focuses on the emerging affluent segment, offering high cashback and curated rewards in dining, shopping and ente...

BNY scales up its Asia Pacific offerings in cross-border payments,liquidity management and digital trade finance

The Bank of New York Mellon Corporation (BNY) is transforming its global business through a unified platforms operating model that is designed to deli...

AI reshapes banking, driving innovation and risk management

At the Japan Banking Innovation Conference, TAB Global unveiled key insights from the Global Excellence in Digital and Retail Finance Programme 2025, ...

UOB recognised as Best SME Bank in Singapore

UOB, recognised as the Best SME Bank in Singapore at The Asian Banker International Excellence in Retail Financial Services Awards 2025, has a holisti...

UK narrows HK’s lead in RMB internationalisation

Hong Kong remains the leading offshore renminbi (RMB) centre, while London has emerged as a key player, leveraging its position as the world’s large...

China and UK strengthen bond market connectivity for RMB growth

China and the United Kingdom (UK) have significant potential to enhance connectivity between their bond markets, with key areas of cooperation in coll...

Postal Savings Bank of China drives rural revitalisation with ‘One County, One Product’ programme

Postal Savings Bank of China leverages big data and comprehensive financial services, together with tech partner NorthKing, to better support China’...

GienTech powers global financial firms’ digital transformation with AI and next-generation infrastructure

Kuang Wenchuan, President of GienTech Research Institute, explored how artificial intelligence and next-generation digital infrastructure like its ORI...

Vietnam accelerates financial innovation on strong economic momentum

Vietnam’s banking sector is entering a new phase of transformation, fuelled by robust economic growth, demographic tailwinds, supportive regulation ...

Vietcombank, VietinBank, Cake, BIDV and TPBank recognised for excellence in wealth management, SME banking, private banking, digital and social banking in Vietnam

Vietcombank, VietinBank, Cake, BIDV and TPBank were recognised at The TAB Global Excellence in Retail Finance and Technology Innovation Vietnam Awards...

Building trust in digital finance through blockchain and tokenisation

Tokenisation and blockchain are rapidly becoming transformative forces in finance, with the potential to enhance security, transparency and efficiency...

Kata.ai expands conversational AI for financial services and beyond

Indonesia’s Kata.ai evolves from a personal assistant app into a leading B2B conversational AI platform, offering multilingual voice, chat and digit...

How financial institutions can prepare for the quantum banking revolution

Quantum computing promises unparalleled speed and power in risk modelling, data analysis and security. As this technology transitions to practical app...

High-frequency banking powers seamless digital finance

As the banking industry shifts to high-frequency interactions, AI, open banking and embedded finance drive real-time services, requiring financial ins...

Strengthening the foundations of Commercial Bank of Ceylon

Under CEO Sanath Manatunge, Commercial Bank of Ceylon has maintained its position at the forefront of Sri Lanka’s banking sector, focusing on asset ...

AI agents set to replace mobile banking apps

Artificial intelligence (AI) could soon make mobile apps as outdated as bank branches after the first wave of digital innovation. Banks must streamlin...

Bank of America expands Asia Pacific transaction banking through customised solutions and technology innovation

Bank of America is expanding its transaction banking business across Asia Pacific, positioning itself as a partner for multinational corporations, fin...

Stablecoins: The next frontier in fintech and digital payments

Stablecoins are reshaping finance, bridging fiat currencies and digital assets. Initially created to counter cryptocurrency volatility, they have beco...

How Techcombank is driving growth and innovation in Vietnam’s banking sector

Techcombank reported a 20.3% increase in profit before tax for 2024, driven by strong credit growth, digital innovation and fee-based income. CFO Alex...

Revolut expands in Singapore and Southeast Asia with wealth and multi-currency services

Revolut is expanding beyond its roots in foreign exchange and payments to become a broader financial services provider. With a new robo-advisory servi...

The AI imperative - How banks can work with generative AI

Preferred Networks, Japan’s largest AI unicorn, is at the forefront of artificial general intelligence. At the TAB Global Japan Innovation Study Tou...

AmBank transforms with AI and analytics

AmBank Malaysia is advancing its digital transformation with strategic investments in automation, AI and analytics under the stewardship of Elango Kup...

TPBank accelerates growth through digital banking, AI and social banking initiatives

Hoai Nam (James) Tran, head of digital banking at TPBank, discussed the bank’s digital- first strategy, social banking initiatives, the adoption of ...

Thai banks ponder a future defined by speed, collaboration and customer experience in the AI era

How banks in Thailand can harness emerging technologies, reinvent collaboration and create a seamless, boundary-less customer experience....

Innovation and leadership lessons from SoftBank and SBI

SoftBank and SBI have emerged as powerful forces in financial and technological innovation. Their approaches to investment, digital transformation and...

Digital and retail banking trends in 2025

The digital and retail banking sectors continue to evolve, driven by innovation, rapid development and adoption of generative artificial intelligence ...

SCB’s Mary Huen embodies visionary leadership in transforming times

Standard Chartered Bank’s Mary Huen shared her strategic vision for driving growth, fostering innovation and navigating challenges in one of the wor...

CTBC Bank’s Amy Yang strengthens retail franchise dominance, expands inclusive and sustainable finance

Amy Yang, Retail Banking Group CEO at Taiwan’s CTBC Bank, was recognised as the Retail Finance Leader of the Year in Asia Pacific for 2025 at the TA...

Standard Chartered, Industrial Bank of Korea, First Bank of Nigeria and WeBank recognised for excellence in retail, digital finance, SME banking and wealth management in Asia Pacific and Africa

Standard Chartered and its Hong Kong subsidiary, Industrial Bank of Korea, First Bank of Nigeria and WeBank were recognised at The TAB Global Excellen...

Japan Banking Innovation Conference 2025 - Transforming finance through agentic AI, digital assets and quantum computing

The Japan Banking Innovation Conference 2025, held at The Westin Tokyo, convened over a hundred senior banking executives, fintech leaders, policymake...

Exploring fintech regulation, sustainability, wearables and corporate venture capital innovation

Day 3 of the Japan Innovation Study Tour delved into the convergence of fintech regulation, sustainability, wearables and corporate venture capital in...

Strategic investments drive customer-centric digital finance

The second day of the Japan Innovation Study Tour 2025 provided an in-depth look at how Japan’s financial institutions are leveraging technology, st...

Advancing frontiers in fintech, AI, robotics and space exploration

On Day 1, the Japan Innovation Study Tour 2025 opened with a welcome from tour hosts Foo Boon Ping, president and managing editor of The Asian Banker,...

How the US-China rivalry will shape global banking in 2025

The economic rivalry between the United States (US) and China will continue to influence the global banking industry in 2025, with significant implic...

Baiduri Bank aims to lead Brunei’s banking future through innovation

Baiduri Bank CEO Ti Eng Hui shared how innovation, resilience and community engagement have driven the bank’s growth as it celebrates 30 years of em...

Deutsche Bank targets Asia Pacific’s growing e-commerce payments market

Rachel Whelan, head of corporate cash management for APAC and MEA, and global head of payments and transactional foreign exchange, and Oliver von Quad...

BIDV drives retail banking growth through holistic transformation

Nguyen Thi Quynh Giao, head of retail banking at BIDV, explained how the bank is driving growth through a comprehensive transformation strategy, focus...

Bridging two worlds: Why stablecoins can be the missing link

Stablecoins bridge traditional banking and digital assets, enhancing cross-border payments, financial inclusion, and global trade while requiring robu...

Boost Bank's CEO on bridging financial gaps in Malaysia

Fozia Amanulla discusses Boost Bank's unique approach to digital banking and its commitment to serving underserved communities....

Cathay United Bank wins record number of awards in 2024

Cathay United Bank has been recognised with nearly 90 awards as of November 2024, underscoring its achievements in areas such as wealth management, d...

Bank of Jiangsu strengthens digital transformation with new-gen database platform

Bank of Jiangsu implements a next-generation enterprise-level database system for real-time data processing, enhancing operational efficiency, innovat...

Scaling asset tokenisation and DLT in finance

Asset tokenisation and distributed ledger technology are reshaping finance by bridging traditional and digital markets. From Europe, Hong Kong, Singap...

Samuel Yin, Taiwan’s business tycoon with a vision for social good

Samuel Yin, the founder of Taiwan’s Ruentex Group, is not just a business tycoon but also one of the island’s most influential philanthropists....

Seylan Bank seeks to empower SMEs through digital innovation and financial inclusion

Ranil Dissanayake, Deputy General Manager of Branch Credit, and Chaminda Senewiratne, Head of Digital Banking Channels at Seylan Bank, shared insights...

Connecting and shaping the future of global finance at Sibos 2024

Global financial leaders gathered at Sibos 2024 in Beijing to discuss the future of payments, compliance and inclusion. ...

Shaping the future of finance through technology and innovation

At Sibos 2024, discussions within the financial technology solution community focused on the adoption of ISO 20022, the growing integration of AI and ...

Fenergo harnesses automation and artificial intelligence to strengthen compliance

Cengiz Kiamil, managing director in Asia Pacific for Fenergo, a regulatory compliance solutions platform, discusses how the company leverages automati...

Burnt Banksy - from burning NFT art to refining digital assets

In a conversation with The Asian Banker founder Emmanuel Daniel, “Burnt Banksy”, who in 2021 set aflame a Banksy piece after tokenising it, talked...

Canadia Bank balances prudence, innovation and community engagement amid market challenges

Canadia Bank, under CEO Raymond Sia, is navigating Cambodia’s evolving financial landscape with a focus on stability, digital transformation, and co...

Cambodian banking association focuses on consumer protection, industry stability and resilience

Rath Sophoan, chairman of the Association of Banks in Cambodia and Raymond Sia, vice chairman, discussed the priorities for Cambodia’s banking secto...

StraitsX partners with Alipay+ and Grab to drive stablecoin payment adoption

Liu Tianwei, co-founder and chief executive officer of StraitsX, and Kenny Chan, head of StraitsX, discuss how the company is advancing stablecoin ado...

How Temenos helps financial institutions integrate ESG standards and technology

Kalliopi Chioti, Chief ESG Officer, and Frankie Wai, Business Solutions Director at Temenos, discussed the pivotal role of technology in helping banks...

JP Morgan’s Kinexys scales blockchain for the future of finance

Following the rebranding of Onyx to Kinexys, JP Morgan is accelerating its blockchain strategy to enhance asset tokenisation and distributed ledger te...

Digital Asset scales commercialisation of asset tokenisation and DLT

Yuval Rooz, co-founder and CEO of Digital Asset, discussed the company’s innovative approach to asset tokenisation and distributed ledger technology...

Libeara on democratising access to asset tokenisation

Aaron Gwak, founder and CEO of Libeara, discussed how his SC Ventures-backed platform is advancing asset tokenisation, sharing its approach to bridgin...

HSBC and Dandelion partnership elevates speed, transparency and cost-efficiency in cross-border payments

In an interview at the Singapore Fintech Festival 2024, HSBC’s Nadeesha Senaratne and Dandelion’s Deepan Dagur, discussed their partnership’s ro...

Euroclear investment poised to drive Marketnode’s expansion in digital asset distribution

Rehan Ahmed, CEO of Marketnode, shares insights into Euroclear’s strategic investment, MAS’s support for asset tokenisation, and how Marketnode’...

Open banking drives financial innovation in the Middle East

Open banking is transforming the Middle East financial landscape, with Bahrain, Saudi Arabia, and the United Arab Emirates (UAE) leading through innov...

Cross-border payments in the Middle East become more inclusive

Cross-border payments in the Middle East are becoming more streamlined, inclusive, and with better compliance in response to increased trade, investme...

Banks and corporates require new strategies to maintain growth

Global supply chains for corporations and trade finance have been influenced by major global themes in recent years. ...

Rethinking global trade and supply chain finance

Global trade is facing significant challenges as sanctions, tariffs, and shifting supply chains reshape the landscape. ...

HKEX’s strategy to help global clients navigate challenges and opportunities in Hong Kong and Mainland markets

At Sibos 2024 in Beijing, Tae Yoo, managing director of global client development at HKEX, shared insights into how HKEX Group is addressing the evolv...

Cathay United Bank seizes growth in Southeast Asia’s digital consumer finance markets

Vietnam and Cambodia are key markets for digital consumer finance in Southeast Asia. Cathay United Bank is leveraging digital platforms and partnershi...

BNY and Mizuho Bank forge collaboration to strengthen global trade services

At Sibos 2024 in Beijing, BNY and Mizuho Bank jointly announced an agreement to collaborate on enhancing global trade services, further solidifying th...

BNY and Mizuho Bank forge collaboration to strengthen global trade services

At Sibos 2024 in Beijing, BNY and Mizuho Bank jointly announced an agreement to collaborate on enhancing global trade services, further solidifying th...

How is Broadridge helping FIs balance digital innovation and operational resilience with AI

As financial institutions become increasingly interconnected, ensuring digital operational resilience while embracing artificial intelligence (AI) inn...

Deutsche Bank sees cash management and payments innovation with ISO 20022 adoption

At Sibos 2024, Patricia Sullivan, global head of institutional cash management at Deutsche Bank, outlined the bank’s approach to modernising global ...

Leading bank in the Middle East strengthens financial ties between China and the GCC

On the first day of Sibos 2024 in Beijing, the First Abu Dhabi Bank (FAB), showcased its commitment to facilitate cross-border transactions between th...

Leading bank in the Middle East strengthens financial ties between China and the GCC

On the first day of Sibos 2024 in Beijing, the First Abu Dhabi Bank (FAB), showcased its commitment to facilitate cross-border transactions between th...

Leading bank in the Middle East strengthens financial ties between China and the GCC

On the first day of Sibos 2024 in Beijing, the First Abu Dhabi Bank (FAB), showcased its commitment to facilitate cross-border transactions between th...

SHRCB empowers local SMEs with digital financing and cross-border trade solutions

In an interview at Sibos 2024, Xu Li, chairman of Shanghai Rural Commercial Bank (SHRCB), and Huang Zhao, general manager of the bank’s trade financ...

Why South Asia and SEA will lead the future of fintech lending

South Asia and Southeast Asia are poised to dominate fintech lending, driven by unique growth factors and supportive ecosystems....

China's AI innovation explores the intersection of finance, technology and regulation

Day 1 of The Banking Academy Beijing AI Innovation Study Tour 2024 provided delegates with an in-depth view of China’s advances in fintech, platform...

Buna poised to transform cross-border payments in the Arab region and beyond

Buna, launched by the Arab Monetary Fund (AMF), is reshaping cross-border payments by enhancing financial inclusion, reducing inefficiencies, and fost...

GoTyme Philippines enhances user engagement and retention

Hybrid distribution with physical kiosk, payroll integration and strategic acquisitions drive user engagement and retention for the digital bank in th...

Choudhry: “What will global banking regulation look like in a digital world?”

In a conversation with Emmanuel Daniel, Moorad Choudhry stressed the need to simplify global banking regulations, particularly those from Basel, to b...

Doha Bank's strategic transformation and digital innovation

Under new leadership, Doha Bank is undergoing a significant transformation, focusing on digital innovation, customer experience, and environmental, s...

Aditya Jha empowers marginalised communities through education and technology

Dr. Aditya Jha, a Nepalese-Canadian entrepreneur and philanthropist, has made a global mark through his dedication to business success and his passion...

JP Morgan advances payment innovation with programmable payments, blockchain and AI

JP Morgan is advancing global settlement by leveraging programmable payments, expanding the use of JPM Coin via its Onyx platform, employing AI to enh...

PBoC’s new stock market stabilisation stimulus shows quick results

People’s Bank of China (PBoC) governor Pan Gongsheng announced stimulus policies, including RMB 800 billion ($114 billion) of liquidity support dire...

Global central banks' quantitative tightening and implications for industry

Major central banks worldwide are shrinking their balance sheets after pumping liquidity into their economies throughout the worst of the COVID-19 pan...

Marketnode’s ambition to transform capital markets through blockchain

Rehan Ahmed, CEO of Marketnode, is driving the transformation of capital markets using blockchain technology, with a focus on overcoming regulatory c...

Philippines' digital transformation fuels financial growth and inclusion

Leaders and regulators in the Philippine banking and finance industry convened at Finance Philippines 2024 held on 26 September to discuss the vital r...

QIB integrates digital innovation and sustainability

QIB seeks to pioneer the integration of digital innovation and sustainability into its operations. ...

CTBC’s strategic approach to private banking growth through innovation and global expansion

In an in-depth interview with John Yang, Executive Vice President and Head of Private Wealth Management, and Freddie Chen, Senior Vice President and H...

Indonesia charts path for financial sector deepening and resilience with Vision 2045

At The Asian Banker Finance Indonesia 2024, co-hosted with PERBANAS, Indonesian financial leaders outlined the ambitious Vision 2045....

Quantum technology can revolutionise finance, but create new problems

Quantum computing can transform financial services by improving computation, modelling, and risk management. However, it also poses cybersecurity risk...

North Asia’s global banks ponder AI, cloud, and resilience for a competitive edge

As financial institutions in North Asia, covering Greater China, Japan and South Korea, confront demographic and economic challenges, they are leverag...

Revolutionising wealth management with strategic financial solutions

Bank of China (Hong Kong) (BOCHK) is elevating its wealth management services by capitalising on diverse financial opportunities and providing bespoke...

LOLC Cambodia drives financial inclusion with new technology

Duleep Liyanage, CIO at LOLC Cambodia, shared how the bank is using modern technology to expand financial inclusion and improve customer service acros...

HSBC revamps trade finance with strategic collaborations and client-centric solutions

In response to shifting global trade patterns, HSBC is refocusing its efforts through its newly rebranded Global Trade Solutions. It is embracing dat...

Barclays bolsters institutional payment processing in APAC with $1B infrastructure investments

Barclays' $1 billion investment in global payment infrastructure aims to expand client access to local instant payment systems while enhancing cost-ef...

How will BNY’s innovations drive the future of cross-border payments in Asia Pacific

Jennifer Barker, global head of treasury services and depositary receipts at BNY, discussed the rapid evolution of cross-border payments in Asia Pacif...

East West Bank enhances digital systems

Barani Sundaram, CTO of East West Bank, explained how the bank is modernising its core systems to improve customer service and operational efficiency,...

BNCTL upgrades to boost financial services

Antonio Vitor, chairman and CEO of BNCTL, discussed the bank’s technology upgrades and how they are helping expand financial inclusion and drive gro...

Strategies for success: Insights from ASEAN’s financial leaders at the Temenos Regional Forum 2024

Banking experts from across ASEAN discussed the critical role of technology and regulation in modernising financial systems, strengthening consumer pr...

Chocolate Finance to simplify money management

Walter de Oude, founder of Singlife, has launched Chocolate Finance, a platform aimed at optimising spare cash with competitive returns, user-friendly...

Taiwan’s leading banks prioritise innovation, regional expansion, and sustainability

Industry leaders convened at Finance Taiwan to discuss the future of digital finance, regional expansion strategies, and the integration of sustainabi...

Perbanas’ Anika Faisal discusses Indonesia's digital banking evolution

Perbanas secretary general, Anika Faisal, highlighted the challenges and opportunities of digital banking in Indonesia, emphasising financial stabilit...

Bank BTPN’s Henoch Munandar prioritises sustainable financial inclusion and digitalisation in Indonesia

Bank BTPN, under the leadership of president director/CEO, Henoch Munandar, focuses on sustainable financial inclusion and digital transformation to...

Bank Aladin expands sharia-compliant digital financial services in Indonesia

Bank Aladin aims to transform Indonesia’s banking landscape through strategic partnerships and innovative sharia-compliant financial solutions, emph...

NETS’ Lawrence Chan wants to empower merchants and grow cross-border payments

Lawrence Chan, Group CEO of NETS discussed the company's new merchant solutions such as Soft Point-of-Sale (SoftPOS) and outlined key initiatives plan...

Allo Bank harnesses AI for strategic digital expansion

Allo Bank is leveraging AI, strategic partnerships, and customer-centric products to drive growth and aim to accelerate its trajectory to profitabilit...

Hong Kong steers towards the future with e-HKD pilot programme

HKMA’s pioneering programme signals a major leap towards digital financial innovation in Hong Kong, combining efforts from multiple sectors to explo...

Accelerating digital transformation in retail finance

The 2024 Excellence in Retail Finance programme highlighted how digital transformation and technological advancements are reshaping retail finance, fo...

DANA’s Sasono: “Differentiate between GenAI hype and fundamentals”

Norman Sasono, chief technology officer (CTO) of Indonesia-based digital wallet and payment company, DANA...

UOB and Woori Card partner to fuel ASEAN-Korea travel boom

A new collaboration between UOB and Woori Card aims to capitalise on the growing travel market between ASEAN and South Korea...

Tanoto Foundation Medical Philanthropy bridges funding gaps in medical research

The Tanoto Foundation held its inaugural Medical Philanthropy Forum to award the first recipients of its Medical Research Fund grants.The event unders...

Cake Vietnam digital bank aims for profitability by end 2024

Leveraging advanced AI, the bank aims to be among the top 5% of profitable digital-only banks globally by the end of 2024, transforming digital bankin...

Celebrating 25 Years of
The Asian Banker Summit

Speech by Emmanuel Daniel, founder of The Asian Banker, at The Asian Banker Summit in Hong Kong on 23 May...

Lord Chris Holmes: “Bridge innovation and resilience for future finance now”

Holmes advocates for balancing financial innovation with resilience, emphasising regulatory sandboxes, AI's transformative role, and the need for adap...

Cathay United Bank’s Singapore nexus fuels regional ambitions

As Southeast Asia’s economic clout continues its inexorable rise, Cathay United Bank (CUB) is turbocharging its Singapore operations, establishing t...

PVcomBank to reach five million customers in a year with AI

Trinh Vinh Hien, chief technology and digital officer of Vietnam’s PVcomBank, and Ramki Ramakrishnan, managing director for Asia Pacific at Temenos,...

EastWest Bank’s hybrid strategy—digital transformation with a human touch

EastWest Bank is embracing a hybrid strategy, integrating digital innovations with conventional banking services, to enhance customer experience and d...

Baiduri Bank overhauls 17-year-old core banking system

Baiduri Bank is modernising its core banking capabilities by implementing Temenos Transact, paving the way for enhanced digital services, streamlined ...

What the industry can learn from Swiftonomics

In his opening address at The Asian Banker Summit, Emmanuel Daniel urged the financial services industry to embrace transformative changes, drawing pa...

Role of strong and sustainable leadership in the financial services industry

The Excellence in Retail Finance and Technology Innovation Hong Kong Awards 2024 held recently, recognised the achievements in digital and retail bank...

Cathay United Bank boosts ASEAN presence, strengthening global supply chains and regional integration

Expanding beyond Taiwan, the bank will focus on ASEAN markets to bolster global supply chain resilience and regional economic integration, according t...

GXBank’s Lai Pei Si: “We’re a motley crew of technologists and bankers with a clear purpose to build the bank forward”

GXBank is the frontrunner in inclusive, technology-driven financial services in Malaysia. Its CEO Lai Pei Si discussed the bank’s journey since its ...

Tay Ah Lek of Public Bank receives the William ‘Bill’ Seidman Award for Lifetime Achievement

The William ‘Bill’ Seidman Award for Lifetime Achievement was conferred on Tay Ah Lek, managing director and CEO of Public Bank, at The Asian Bank...

Innovation and resilience—What’s on the supervisors’ radar?

In his opening keynote at The Asian Banker Summit 2024, Arthur Yuen, Deputy Chief Executive of the Hong Kong Monetary Authority, explored the dual imp...

Rise of digital assets and tokenisation

Now a formidable force in the finance sector, digital assets and tokenisation offer unprecedented opportunities through innovative technologies that e...

Raja Teh Maimunah: "AEON Bank blends heritage with Shariah-compliant innovation"

As Malaysia embraces digital finance, AEON Bank's Raja Teh Maimunah, discusses the heritage and strategies shaping the nation’s first Shariah-compli...

Chris Holmes on future of inclusive finance and technology

Ahead of his keynote at The Asian Banker Summit in Hong Kong in May 2024, Holmes, known as Lord Holmes in the UK House of Lords, discussed his expansi...

KAF powers up digital finance

Malaysia’s KAF Investment Bank builds its new digital platform to bring Islamic banking up to date for a new age....

Sean Kiernan on blockchain: “Crypto bridges real-world capital needs”

Banking innovator Sean Kiernan from Greengage discussed how they use crypto-collateralised loans to help SMEs, stressing the importance of partnership...

Bank boards fail to embrace technological imperative

The boards of many financial institutions lag in recognising technology’s critical role, risking resilience and competitiveness due to insufficient ...

DBP and LandBank merger scrapped

Opting against merging DBP and LandBank emphasises their distinct roles and the importance of individual development for comprehensive economic growth...

MAS launches digital platform to fight money laundering and terrorism financing

Singapore’s central bank has launched a platform that allows financial institutions to exchange customer information and flag suspicious activities ...

AEON Bank launches Malaysia’s first Shariah-compliant digital platform for underserved, tech-savvy customers

Raja Teh Maimunah, CEO of AEON Bank, provides insights into Malaysia's first Shariah-compliant digital bank, which is poised to transform banking. Wit...

Is philanthropy flawed?

Critiqued as a necessary but flawed response to societal issues, philanthropy stands as a mediator of wealth and persistent inequality, prompting a ne...

Suresh Ramamurthi on AI in banking: “AI and tokenisation will drive financial revolution”

NetXD chairman Ramamurthi discussed the evolving landscape of financial technology, focusing on the integration of AI, blockchain, and programmable le...

Bitcoin’s $1.3 trillion market cap reflects heightened interest despite regulatory scrutiny

Surging past $1.3 trillion, the cryptocurrency marks a significant milestone, with some enthusiasts predicting a potential $56 trillion cap by 2034...

HSBC advocates diversified global investment portfolio with emphasis on ASEAN and Indian assets

James Cheo, chief investment officer for Southeast Asia and India at HSBC Global Private Banking and Wealth, discusses the evolving investment opportu...

Trust, partnerships, and open banking key to BPI’s growth in the Philippines

Bank of the Philippine Islands is expanding its reach and deepening retail loan market impact by enhancing digital and physical networks, embracing op...

AI, regulatory shifts, and digital bank expansion to define fintech in 2024

Generative AI revolutionises banking operations, regulatory frameworks adapt to innovation, and digital banks expand in global markets, marking signif...

Unveiling the future of finance, embracing a new digital horizon

TABInsights’ global benchmarks in retail and digital banks, and financial platforms, signal a significant shift towards digital transformations...

Digital Banking Annual Meeting 2024: Shaping the future through AI

Industry leaders converged in Seoul to explore the transformative potential of emerging technologies like AI and blockchain, and highlighted the imper...

Digital Banking Annual Meeting 2024: Shaping the future through AI

Industry leaders converged in Seoul to explore the transformative potential of emerging technologies like AI and blockchain, and highlighted the imper...

Nominations are in for Retail Finance Leader of the Year 2024 in Asia Pacific

TAB Global’s annual Retail Finance Leader of the Year in Asia Pacific award recognises outstanding contributions to sustainable banking and institut...

Chairman of Korea Federation of Banks emphasises industry ethics and innovation

Under chairman Cho Yong-byoung, the Korea Federation of Banks will focus on enhancing industry ethics and innovation, aiming to combat misrepresentati...

Nominations are in for Global Retail Finance Leader of the Year 2024

TAB Global’s annual Retail Finance Leader of the Year award recognises outstanding contributions to sustainable banking and institutional transforma...

Saxo’s Chang: “Bespoke services or impactful investing will emerge as winners”

Ivan Chang, head of institutional at Saxo emphasises digitalisation's growing importance, shifting client demographics, fintechs' impact on wealt...

Nominations are in for Digital Finance Leader of the Year 2024

TAB Global’s annual Digital Finance Leader of the Year award recognises one outstanding individual reshaping finance through innovation and inclusio...

The future of finance and innovation in Riyadh and Saudi Arabia

Banque Saudi Fransi leaders Millaniyage Nuwan Perera and Ali Najim Alkhamis stressed Saudi Arabia's strategic initiatives toward economic diversificat...

SBI’s Krishnan: “We prioritise high availability, scalability and security”

Vidya Krishnan discusses YONO’s global expansion and its integrated super app strategy, catering to diverse customer needs with over 60 million regi...

Brankas' Mike Dickinson: “Our vision is to make modern financial services available to everyone”

Mike Dickinson, COO and CPO of Brankas, emphasised the critical importance of consent and authentication in secure data exchange, highlighting the com...

HNB drives growth amid Sri Lanka's economic odds

Hatton National Bank (HNB) defies Sri Lanka's macroeconomic constraints by delivering outstanding retail banking performance in 2023. Sanjay Wijemanne...

NBK sets strategic blueprint for a digital future

Deema Shaath, Head of Consumer Banking Digital Strategy at the National Bank of Kuwait (NBK), outlines the bank's innovative digitisation strategy. Sh...

US banks confront challenges in shifting commercial real estate dynamics

As commercial property prices decline due to a pandemic-induced decrease in office space demand, US banks are boosting provisions for credit losses, p...

A soft landing in 2024?

The global market outlook for 2024 anticipates a rate cut, with diverging regional performances, broadened participation in the US market, and investi...

Evergrande liquidation forces ripple effect on China’s property sector

In late January, troubled real estate giant Evergrande was liquidated, unable to reach agreements with creditors over its staggering debts exceeding $...

SVB collapse sets off underwriting-risk alarm

Silicon Valley Bank’s 2023 collapse continues to raise concerns in the echo chambers of the banking sector over slack lending practices and underwri...

Emirates NBD's Bold Digital Transformation: Redefining Banking for the Digital Age

Pedro Sousa Cardoso, Chief Digital Officer, outlines the bank's ambitious journey - from revamping its core infrastructure to cloud-native solutions ...

AI and big data-based apps provide strong potential to drive hyper-personalisation

The banking industry is using AI and data strategies to meet customer preferences, focusing on digital culture, secure operations, and partnerships to...

Global financial institutions propel blockchain innovation under Project Guardian

Banks aim to integrate blockchain into mainstream finance for digital assets, emphasising institutional-grade standards, interoperability, and collabo...

Cross-border divorce challenges, and Singapore’s unique approach

In this article, we look at cross-border divorce challenges, focusing on Singapore’s unique approach to ancillary matters post-foreign divorces, and...

Trust Bank aims to become fourth largest retail bank in Singapore

Dwaipayan Sadhu, CEO of Trust Bank, explains the company's plans to become Singapore's fourth largest digital retail bank. Backed by Standard Chartere...

Late entrant Toss Bank leverages advanced tech to disrupt and lead

Toss Bank, led by CEO Hong Min-taek, shakes up South Korea's digital banking scene with innovation, daily interest payouts, and efficiency, positionin...

OCBC blends innovation with security to enhance consumer experience

Sunny Quek, head of global consumer financial services, and Serene Koh, head of group digital business and digital transformation, discussed how OCBC ...

Managing transnational divorce in Singapore: Child custody, relocation, and family well-being

The complexities of a transnational divorce in Singapore cannot be understated, especially when child custody, relocation, and financial responsibilit...

GXS to leverage its ecosystem for sustainable profit

Charles Wong, CEO of GXS Bank, leads the charge in Singapore's digital banking landscape, targeting underserved segments with innovative solutions. Ba...

Circle’s Yam Ki Chan: “Stablecoins can reduce transaction time and cost for Asian businesses”

Yam Ki Chan, vice president of strategy and policy at Circle, discussed the stablecoin landscape, and how Singapore is taking the lead on the fintech ...

CIMB’s strategic vision in digital banking and consumer engagement

The bank’s CEO Effendy Shahul Hamid outlined its strategy for ASEAN leadership, emphasising local market focus and practical, value-centric digital ...

TymeBank becomes South Africa’s first profitable digital bank

The bank achieved profitability in less than five years, with co-founder and CEO Coen Jonker highlighting the company’s success in South Africa and ...

High-stakes divorces: A comparative analysis of legalese and settlements in Singapore and UK

Comparing divorce costs and spousal maintenance in Singapore and the UK, where expenses in one high-profile case rose to over $11.5 million, reveals d...

Thunes’ Winter: “We want to make global payments as easy as sending a WhatsApp message”

James Winter, senior vice president, Europe for global payments provider Thunes, talks about the company’s partnership with banks through a cloud-ba...

RHB Bank enhances ecosystem collaborations and segment synergies

Jeffrey Ng, Managing Director of Group Community Banking at RHB, shares the bank's strategic focus on integrating digital solutions for mortgage and a...

Hong Leong Bank focuses on personalised community banking

Andrew Jong, managing director of personal financial services, and Kevin Ng, head of small and medium-sized enterprise (SME) banking, talk about the b...

OKX Ventures’ Ren: “Our vision is on the long-term future of Web3”

Jeff Ren, partner at OKX Ventures, recently shared his insights into the future of Web3 industry. OKX Ventures’ current portfolio contains 15 start-...

Merger with Robinsons Bank signals BPI’s acceleration of digital banking capabilities

The merger is a big step for BPI’s digital banking ambitions, with Robinsons Bank’s 20% stake in GoTyme being able to significantly accelerate gro...

GXS Bank’s Ramaswami: “We are on track to profitability in 3-5 years”

GXS Bank, backed by Grab Holdings and Singtel, operates in Singapore and Malaysia. Group CEO Muthukrishnan Ramaswami discussed how the digital bank mo...

Nium’s Gandhi: “We are trying to change how payments work”

Nium co-founder and COO Pratik Gandhi discussed the company’s global real-time payments expansion. Since acquiring its Australian licence seven year...

HashKey Group to strengthen Web3 ecosystem, ramp up offerings

At Hong Kong FinTech Week 2023, Anna Liu, general manager of tokenisation at HashKey Group, and Leo Li, CEO of the subsidiary HashQuark, talked about ...

Citigroup’s Shobit Maini: “We’re trying to deliver the benefits of the blockchain technology without the complexity’’

Shobhit Maini, co-head of digital assets for global markets at Citigroup, unveils a groundbreaking FX trading app that uses blockchain to execute real...

StanChart’s Bill Winters: “My legacy is to have built-in resilience, a financially strong bank, and an innovative team”

The bank’s CEO shared insights into its investment in talent, innovation, and sustainability, emphasising his commitment to organisational resilienc...

“audax builds on top of the existing legacy systems”

Alex Manson and Kelvin Tan of audax discuss how the company enables banks to efficiently modernise technology infrastructure through a core banking ag...

Hong Kong’s roadmap to promote fintech adoption

HKMA’s Fintech Promotion Roadmap developed with industry stakeholders aims to drive fintech adoption and spark discussions among banks and fintech c...

CIB and Huawei: Co-constructing digital infrastructure of the future

Huawei’s digital solution reshapes CIB’s data infrastructure, enhancing data processing capabilities, strengthening security, diversifying managem...

Techcombank’s Jens Lottner: “Our two new buildings merge traditions with a digital future”

CEO Jens Lottner shared Techcombank’s innovative approach and vision following the opening of its headquarters in Hanoi and Ho Chi Minh City in Viet...

Hyper-personalisation is changing the banking experience

The banking industry is using AI and data strategies to meet customer preferences focusing on digital culture, secure operations, and partnerships to ...

Security Bank elevated retail banking through digitalisation and fintech collaboration

Rahul Rasal, head of retail banking at Security Bank, is driving the bank's growth in retail banking and its transition to a digital, open-banking fut...

Chris Holmes: “Cooperate to enable economic and social benefit right away around the world”

Chris Holmes, UK’s leading advocate for technology and innovation, and committee member on the groundbreaking Electronic Trade Documents Act that ca...

LINE BK expands into wealth and insurance services

Digital bank LINE BK is diversifying into wealth management and SME lending to strengthen its position as a holistic financial service provider ...

StanChart Ghana invests in digital tech to boost retail business

Standard Chartered Ghana adopted a new business strategy to improve customer service and promote digital platform usage...

Navigating new frontiers for finance and sustainability in the metaverse

The metaverse, once the stuff of science fiction, is rapidly becoming a reality with profound implications for the financial services industry and oth...

Promising AI companies poised to transform financial services

Generative AI is emerging as a game-changer, with new developments from the most promising companies in the field pushing its use...

Cloud migration— Pandora’s box of data, culture and core replacement

The cloud was the main topic of discussion at a tech roundtable, with leaders in digital innovation describing their experiences in core migration, ch...

Digital money changes everything

Financial industry leaders and decision-makers assess the banking and financial regulatory landscape over the course of digitalisation, fintech innova...

Banks aim for seamless global payments with ISO 20022 and technology integration

Opening up payment systems for wider usage and standardising with ISO 20022 will achieve speed, security, transparency and traceability in cross-borde...

NatWest’s Howard Davies: “The rise of neobanks, fintechs and AI challenges traditional banking”

Howard Davies, chairman of National Westminster Group, delivered an insightful speech at The Asian Banker Future of Finance Summit held in Bangkok, Th...

BCS leverages AWS cloud solution for cross-border real-time payments

Cloud-based infrastructure plays a crucial role in enabling digital cross-border instant payment systems between Singapore and India...

Barney Frank: Regulators unaware of risk of Signature Bank’s imminent failure

Signature Bank’s collapse highlights the need for reforms to address liquidity, regulate cryptocurrencies, and protect depositor interests...

Average remuneration for senior staff at leading Chinese banks higher in 2022 compared to 2021

Despite efforts to cap financial sector pay, 17 out of the 25 largest commercial banks in China saw a rise in average remuneration for their directors...

Bank lending in Asia Pacific to maintain growth of 9% amid China’s reopening

Softening bank loan growth in some markets but Asia Pacific expected to sustain momentum in 2023 with post-COVID-19 recovery in China boosting lending...

China and Africa partner for sustainable investment and growth

China has been Africa’s largest trading partner for 14 consecutive years, and recent deals between the two countries have further cemented their com...

China and Africa partner for sustainable investment and growth

China has been Africa’s largest trading partner for 14 consecutive years, and recent deals between the two countries have further cemented their com...

Bill Winters leads StanChart’s strategic shift, refocusing on Asia for profitability and market share

Bill Winters, CEO of Standard Chartered, has been recognised as the inaugural Global CEO of the Year at the Leadership Achievement Awards 2023. Winter...

Signature Bank shutdown explained

Author Emmanuel Daniel, founder of The Asian Banker, ignited a lively discussion with former US congressman Barney Frank and SC Ventures head Alex Man...

AmBank brings digital onboarding to small businesses

Iswaraan Suppiah, AmBank’s group chief operating officer and Aaron Loo, managing director of retail banking, discuss the bank’s AmAccess Biz digit...

Dušan Stojanović of True Global Ventures: “Centralisation is dead”

Dušan Stojanović, founder of True Global Ventures, caught up with Emmanuel Daniel, founder of The Asian Banker, and talked about how the loss of tru...

CRDB Bank expands economic growth in Tanzania for underserved businesses and communities

Customers in rural Tanzania can now access financial services afforded by CRDB Bank’s network and new digital capabilities, opening a door for unde...

Stanchart nexus partners AWS and Indonesia’s e-commerce giant Bukalapak to launch first BaaS platform

Kelvin Tan of Standard Chartered Bank and Peter Murray of Amazon Web Services discussed the launch of BukaTabungan, the digital bank partnership with ...

Closing the generation gap in wealthy families

Studying how Asian families manage wealth from one generation to the next has led advisors to enhance how they work with high-net-worth families...

Will digital banks disrupt industry with lower cost-to-serve?

Even as new digital players offer cheaper ways to onboard customers, incumbent banks continue to hang their innovation and investment on antiquated ar...

Thailand’s National ITMX-PromptPay could have the most real-time cross-border payment linkages in the world

Today, National ITMX and PromptPay have established cross-border real-time QR payments with six countries—Cambodia, Indonesia, Japan, Malaysia, Sing...

Ping An Bank strengthens financial inclusion with Smart Banking 3.0

Smart Banking 3.0 addresses financial pain points such as higher entrance threshold, lengthy procedures, and expensive borrowing felt by underserved s...

Standard Chartered tackles supply chain adversities through partnerships and technology

As corporates diversify their supply chain sourcing, there is a rapid shift in how banks are meeting their procurement and financing needs through inn...

US Treasury promises full access to SVB deposits, no bailout

US financial regulators have announced damage-control measures for the Silicon Valley Bank crisis. Treasury Secretary Janet Yellen promised that there...

Personalisation at scale key to sustaining profitability of digital-only businesses

The financial services industry in Southeast Asia has seen the entry of standalone challenger digital banks, and while incumbents are competing by inv...

Smartsream's Pillay: “Organisations talk about not having too much dependency on having just one cloud provider.”

Radha Pillay, regional head for Asia Pacific at Smartsream, cautions against being too reliant on a single provider or technology, particularly for cl...

Temenos' Fennell: “Cloud infrastructure drives strong appetite for buy now, pay later”

Mick Fennell, business line director for payments at Temenos discussed how they grow and address issues in the payments business and how the pandemic ...

Digital Assets' Schneider: “We provide the building blocks to speed up platform and development”

Georg Schneider, head of financial engineering at Digital Asset, spoke about the difficulties in creating and digitising assets into tokens, and how D...

ANZ's Janakiraman: “Our three focus areas are emerging payment technologies, digital assets and currencies, and data”

Hari Janakiraman, head of industry and innovation, transaction banking at ANZ talked about three distinct but interlinked areas that are needed to f...

StanCharts's Panaino: “Payment done by digital currency in a regulated framed environment is fully good”

Philip Panaino, global head of cash management of Standard Chartered talked about the opportunities in the banking industry in this digital world. In ...

Ping An’s cloud-native technology accelerates digital transformation and Smart Bank implementation

By the end of 2021, 28% of Ping An Bank’s applications, some 1,700, had been built based on a new cloud- native platform...

Thought Machine's Clarke-Walker: “Product breadth is crucial to growth of digital banks”

Travers Clarke-Walker, chief marketing officer of Thought Machine, talks about the company's involvement in the growth of digital banks in the region ...

WadzPay's Parv Aggarwal: “We allow anyone to pay for anything with anything”

Parv Aggarwal, head of partnerships at WadzPay, talks about the company's mission to integrate payments between the physical currency world and the me...

HSBC's Vinay Mendonca: “Digitisation of our trade finance has scaled up”

Vinay Mendonca, Global Head of Product at HSBC, talks about the progress made by the bank in the digitisation of its trade finance and the improvement...

Interoperability: The key to the future of cross-border transactions

Transformation in the global financial community across a variety of infrastructures, systems, and processes raises the risk of fragmentation....

Broadridge's Samir Pandiri: “Clients want to digitise their entire ecosystems”

Samir Pandiri, president at Broadridge International, discusses the opportunities around innovation and platform integration as clients seek to digiti...

TPBank's Tran: “One million of our new customers are from third-party platforms”

James Tran, digital bank centre head, TPBank, highlighted that the bank's digital transformation is made possible by shifting to a digital-focused bus...

Contour’s Wagner: “Technology must address existing problem first before introducing new features”

Carl Wagner, chairman and CEO at Contour, a digital finance trade network, shares that it’s not so much the technology but value-propositions levera...

VPBank differentiates with segment-based digital bank propositions

Giang Pham, director of VPBank’s digital banking service centre, discussed how VPBank’s digital-only bank implementation reflects its “business ...

NAB hatched Hive for efficient MSME payment service

National Australia Bank (NAB), one of the leading business banks in Australia, launched Hive, a merchant portal. It will invest $100 million over the ...

Mox Bank improves core banking through modern technology stack and API-first solution engine

The bank partnered with Thought Machine’s Vault to launch a greenfield, cloud-native digital bank offering multiple retail products, leveraging a mi...

SC Venture’s Alex Manson: “We set out to rewire the DNA of banking”

Alex Manson, head of the fintech investment and venture arm of Standard Chartered Bank, talked about how SC Ventures is out to transform the role of b...

“Financial inclusion is a lie”

Financial inclusion goes beyond just having a bank account, said Emmanuel Daniel, founder and chairman of Wealth and Society, to Robert Rubinstein, ch...

Kilde’s Radek Jezbera: “BNPLs are misunderstood, the unit economics works”

Radek Jezbera, co-CEO of alternative investment platform Kilde discussed the performance of private debt instruments against publicly traded assets an...

Alejandro McCormack: “N1CO, first digital bank in El Salvador”

Alejandro McCormack, COO and executive director of N1CO discussed with Emmanuel Daniel how N1CO, a digital bank in El Salvador is leading the financia...

GCash's Martha Sazon: “We became profitable three years ahead of target”

Martha Sazon, president and CEO of Mynt/GCash, discussed the rapid growth of the fintech company, how being cloud native helped it be...

Safeboda’s Ricky Thomson: “Digital technology is reviving Uganda”

Ricky Rapa Thomson, co-founder of Uganda’s first ride-hailing app SafeBoda, talked about how digital technology is helping the boda boda (motorcycle...

YGG's Gabby Dizon: "Gamers earn crypto assets with value in the real economy"

Gabby Dizon, co-founder of Yield Guild Games (YGG), spoke with Emmanuel Daniel about how YGG and the gaming industry adopted blockchain technology and...

Global Top 100 Digital-only Banks Ranking - No easy path to profitability

WeBank of China, Ally Bank in the US, and the retail arm of ING Group, topped The Asian Banker's inaugural global ranking of leading digital banks. ...

Mobile payments to overtake cards by 2024

The COVID pandemic has accelerated the adoption of digital transactions and mobile payments, including the use of digital cards. With enhanced securit...

Why most financial organisations are still not run as true data businesses

The ability to innovate and evolve into the more agile, analytical, customer-centric, and profitable financial services organisation (FSO) of tomorrow...

Big tech credit expected to reach $1 trillion by 2023

Digital and incumbent banks face growing threats from big tech and payment platforms that are evolving into full-scale financial services players. La...

Zhixin Investment’s Lian Ping: “China’s capital market will soon become the world’s largest”

Lian Ping is chief economist of Zhixin Investment, president of Zhixin Investment Research Institute and president of the China Chief Economist Forum,...

Mox’s Barbaros Uygun: “Refrain from tech innovation as a primary goal"

Barbaros Uygun, CEO, MOX Bank, in his keynote speech at The Asian Banker Finance Vietnam 2022, shares the story of how Mox became a leading digital ba...

Mashreq’s Fernando Morillo: “About 92% of our core banking systems are in the cloud”

Mashreq Bank’s group head of retail banking, Fernando Morillo, spoke with Emmanuel Daniel about leveraging cloud-based infrastructure to grow its co...

Ukraine’s ambassador Zelenko: “Financial services community can contribute to stopping Russia's war”

Ukrainian ambassador Kateryna Zelenko, in an exclusive conversation with The Asian Banker's Emmanuel Daniel and Mathew Welch discussed the implication...

Lombard Odier’s Vincent Magnenat: “Future of private banking in Asia is onshore”

Vincent Magnenat, Limited Partner and CEO for Asia at Lombard Odier shared how as a seven-generation family business, the 225-year old institution con...

China, the Olympic Sports Superpower and how it works

A conversation with Mark Dreyer, author of Sporting Superpower, for an insider’s view of China’s quest to be a leading sporting nation, the evolut...

Banks face escalating battle in fight against digital fraud

With the proliferation of digital frauds in consumer and corporate banking, innovative mechanisms beyond bolstering the security of digital banking ar...

MAS imposes higher capital charge on DBS for digital outages

The Monetary Authority of Singapore (MAS) has imposed an extra capital requirement of SGD 930 million ($692 million) on DBS after the widespread digit...

MAS draws up framework for equitable sharing of scam losses

In the wake of the OCBC phishing scams and the compensation made by the bank to all affected customers, MAS decided that the industry should have a mo...

Cloud adoption accelerates among banks with unique strategies

The financial services industry is undergoing a massive shift to cloud, but the challenging technology transition for incumbents requires a strategic ...

Raksa Koma Foundation’s Serey Chea: “NGOs can succeed without foreign funding”

Central banker and philanthropist Serey Chea shared her motivation behind launching an NGO to support mental health issues in Cambodia. Her personal a...

GCEX’s Holst wants to replicate Saxo model for crypto brokers

Lars Holst, founder and CEO of GCEX, and Dusan Stojanovic, founding partner of TGV, discussed with Emmanuel Daniel the business model of the UK based ...

Continued innovation in DeFi and CeFi underpins future of cryptos

The continuous expansion of the crypto market and the innovations it promises have been closely watched by the financial services industry, particular...

Chinese blockchain players want to ride 5G

He Cong, founder of Probe Group and a leader in China's blockchain industry, met with Emmanuel Daniel, founder, in Beijing to discuss the challenges a...

Alex Bank’s Simon Beitz: “We focus on a higher margin for risk opportunities in consumer finance”

Simon Beitz, founder and CEO and Craig Fenwick, co-founder and CFO at Alex Bank share their business model, strategic plans for future growth and how ...

Gunung Capital’s Kimin Tanoto: “China will lead in the fight to lower carbon emissions in the whole of Asia”

At the backdrop of the Glasgow Climate Pact, Kimin Tanoto and Kelvin Fu of Gunung Capital, shared how they are supporting portfolio companies to lower...

Digital asset outlook 2022: Will the momentum continue?

The total capitalisation of digital assets surged three-fold in 2021, with strong evidence that the momentum is likely to continue into the new year. ...

CIMB's Samir Gupta: "Digital now accounts for 48% of total product sales"

In this Leadership Perspective Series, Samir Gupta, CEO, consumer banking at CIMB Group, discussed the strategy and opportunities that drive digital t...

BSP's deputy governor Tangonan on financial inclusion, digital transformation, CDBCS and new payments infrastructures

Mamerto Tangonan, deputy governor of BSP, discussed the latest developments in the Philippine’s journey to digitalising its financial ecosystem. He ...

OPay secured 22% share of Nigerian e-wallet market in last 3 years

Mobile-based payment platform OPay has grown exponentially since its launch in 2018, penetrating the unbanked and underbanked population in Nigeria. I...

SmartStream’s Pillay: “Banks have a strong use case to embed AI to automate operations”

Radha Pillay, regional sales director for Asia Pacific at SmartStream, shared his views on the evolving technology requirement of financial institutio...

Ex-TMRW head Dennis Khoo on driving digital transformation

Dennis Khoo, author and former UOB TMRW head, in this wide-ranging interview discussed the lessons from setting up one of the first digital banks in ...

In conversation with StanChart's David Whiteing on technology, innovation, regulatory compliance and operational resilience

David Whiteing, chief operating officer at Standard Chartered, discusses the bank’s digital transformation, its various digital platforms and partne...

In conversation with DBS’ Tan Su Shan on recharging global finance

Tan Su Shan, group head of institutional banking at DBS, discusses DBS’ digital transformation story, the evolution of its financial ecosystem to ad...

DBS faces supervisory action after worst online outage

DBS experienced outages to its online banking services from 23 to 24 November, the second extensive disruption to its digital services in over a decad...

Global corporates and FIs see digital currency and sustainable finance as key drivers for RMB use

New digital financial infrastructure, new regional free trade agreements, and decisive leadership in the emerging sustainability and green agenda bode...

MAS’ Menon: “Open crypto networks are not at the stage to meet high standards of governance, security and resilience”

Ravi Menon, managing director of the Monetary Authority of Singapore speaks during the Singapore FinTech Festival 2021 on the future of money, finance...

FS-ISAC’s Barel: “Intelligence sharing is critical to manage third-party cyber risks”

Several high-profile attacks in the last year have highlighted the risk of cyberattacks on third-party vendors to financial firms, their customers and...

Sacombank’s Nguyen Duc Thach Diem: “Our transaction points can now offer business consulting to SMEs”

In this Leadership Perspective Series, Nguyen Duc Thach Diem, CEO at Sacombank, discussed how digital transformation creates a resilient organisation ...

Alibaba and JD.com posted record Double 11 sales of $139 billion despite tech crackdown

Alibaba and JD.com continue to set new sales records during the Double 11 shopping event, although growth decelerated amid China’s slowing economy a...

Techcombank partners with AWS in cloud migration

Techcombank partnered with cloud computing platform Amazon Web Services to enhance the bank’s cloud capabilities and to promote cloud adoption in Vi...

Temenos’ Becker: “There needs to be a transition plan from the infrastructure support now to the next generation”

David Becker, managing director Asia at Temenos, shared his perspectives on the emerging key technology trends, how banks need to focus on building th...

Mobile wallets will reach 2.6 billion users in Asia Pacific by 2025

Global mobile phone users are projected to reach 4.8 billion by 2025, compared with 2.8 billion users in 2020. Businesses are tapping into this vast m...

Creating a roadmap for future digital banking strategies

This is a workshop presentation by Emmanuel Daniel at the MPC Digital Commerce Event 2021 on 18 August 2021....

Taiwan Awards 2021

E.SUN Bank, CTBC Bank, HSBC (Taiwan), Taipei Fubon Bank and Bank SinoPac won at The Asian Banker Taiwan Awards programme. 71 shortlisted applications ...

The three faces of wealth

Emmanuel Daniel, founder of The Asian Banker and Wealth and Society, discussed the three faces of wealth. He talked about wealth as an asset, its role...

PermataBank’s Salimin: “Banks were pushed over the technology edge”

Abdy D. Salimin, chief information officer and director of technology and operations, PermataBank, highlighted the opportunities in digital transforma...

Fragmented approach masks potential of end-to-end trade digitalisation

As the trade finance industry collectively progresses to address challenges around digital fragmentation and isolation, adoption of standard solutions...

CCU.ai's Romain Nouzareth: “Crypto blockchain is greener and smarter than "old" financial system

Romain Nouzareth, CEO and chairman of CCU.ai, a Quebec-based cryptocurrency miner, discussed its recent listing on the Toronto's TSX Venture Exchange ...

Banks and exchanges venture into digital assets trading

Commercial banks such as DBS Bank and traditional exchanges such as the Singapore Exchange have one thing in common: they are setting up and adding di...

The $610 million DeFi heist that wasn’t

Despite losing over $610 million worth of cryptocurrencies to a cyber hack, touted as the largest of its kind, Poly Network was able to recover all as...

A comparison of licensing frameworks for digital banks in the Middle East

The global financial industry has evolved as a result of the widespread digital transformation of traditional banks and the entrance of new digital ba...

WeBank leads in financial performance and application of AI and blockchain technologies

WeBank bolstered strong financial performance with its innovative digital technology applications. It increased its operating income by 33.69% and pos...

Techcombank’s Lottner: “The challenge is the abundance of opportunities”

In this Leadership Perspective Series, Jens Lottner – chief executive officer (CEO) of Vietnam Technological and Commercial Joint Stock Bank (Techco...

微众银行在财务业绩、人工智能及区块链技术的应用方面处于领先地位

微众银行以创新性的数字技术应用加强了本已优秀的财务业绩：它的营业收入增加了33.69%，资产回报率为1.6%，资�...

UOB connects SMEs across ASEAN to recovery and growth opportunities

Despite weak growth in the banking industry last year, UOB managed to grow its SME deposits significantly and reported the lowest CIR among its peers....

Ping An Bank pips incumbent CMB and regional peers CBA, Stanchart and DBS to emerge best retail bank in Asia

In 2020, Ping An Bank outperformed its domestic and regional retail banking peers not only in its business growth but also its technology capabilities...

BIDV – Winning in a digital-first era

BIDV launched its mobile banking app Quickloan during the COVID-19 pandemic to encourage customers to turn to e-transactions and to provide digital lo...

MB Bank’s Luu Trung: “A cashless society has become more critical today in Vietnam”

In this Leadership Perspective series, Luu Trung Thai, Military Commercial Joint Stock Bank (MB Bank) vice chairman of the board of directors and CEO,...

Mox and ZA Bank lead Hong Kong’s virtual bank race

A year after Hong Kong issued eight digital banking licences, Mox and ZA Bank have emerged as the early leaders. Together with WeLab, the three banks ...

Concentration of cloud providers raises financial stability risks

The use of cloud technology is gaining traction among financial institutions due to the efficiency, scale and saving that it affords. However, regulat...

R3’s Ghosh: “Asia Pacific countries lead the charge towards CBDCs”

Increased adoption and access to CBDCs is the next step for central banks to push greater use of digital payments. This is an opportunity which countr...

BNM receives 29 applications for digital banking licences

Bank Negara Malaysia has announced that it will issue five digital banking licences by next year. So far, BNM has received 29 applications. ...

STACS’ Soh: “The regulated trading space and DeFi will converge down the road”

Hashtacs (STACS) co-founder and managing director Benjamin Soh emphasised need for financiial exchanges and markets to improve outdated operating mode...

Top ten companies with most bitcoin hold over 204,000 in total

Some companies have acquired cryptocurrencies for their corporate treasuries despite the volatility. MicroStrategy, the public company that holds the ...

Kazakhstan prioritises non-cash payment as it works with BIS to launch digital tenge

Kazakhstan has started a public consultation for the launch of a central bank digital currency (CBDC)....

Global remittances fell smaller than expected 2.4% in 2020 as economies recover says World Bank

Despite 2020 being a difficult year for most economies, some countries’ remittance flows have proven more resilient than expected during the COVID-1...

The central bank digital currency disruption has arrived!

As CBDC trials move into actual implementations, global financial markets and monetary systems will be disrupted and transformed....

ITM’s Thakkar: “India’s fintech industry to reach $160 billion by 2025”

The growth in financial services has been remarkable over the past few years in India and the financial sector has witnessed a transformation with the...

Bitcoin’s market dominance falls to 38% as crypto asset trading grows

The crypto market is becoming more mature and many mainstream companies have shown interest in the crypto ecosystem.. The impressive rise of cryptocur...

Neste’s Muruganathan: “Virtual currency with a real carbon footprint”

While mining and investing in cryptocurrencies is lucrative, it comes with a mammoth carbon footprint. Are investors aware about the environmental imp...

Central banks work to link multiple CBDCs across borders

Several countries all over the worl in various stages of developing central bank digital currencies (CBDC) . In a survey of 46 central banks, BIS foun...

"Digital transformation is mixed up with optimisation"

At the Finance Vietnam Leadership Dialogue 2021, heads of retail banking, products and businesses, including Le Xuan Vu, MB Bank;...

Zilliqa's Conn and Kumar: "DeFi has not fulfilled its promise to help the underbanked"

Amrit Kumar, president and chief scientific officer of Zilliqa, and Michael Conn, CEO of Zilliqa Capital, share their perspectives on current challeng...

Digital currencies gain momentum in US and China

The largest US cryptocurrency platform goes public and China's digital renminbi testing speeds up...

Citi exits consumer banking to grow Asia wealth management business to $450 billion by 2025

US multinational investment bank and financial services company Citi plans to shut down its consumer banking operations in 13 countries...

Central bank proposes domestic card scheme for South Africans

The South African Reserve Bank, the country’s central bank, published a consultation paper that looks into the possibility of setting up a first-eve...

Microsoft’s Yates: “Cloud adoption accelerated to build stronger digital foundation”

Greater need to drive innovation, business value and efficiency increased the momentum to cloud adoption and digital transformation among financial in...

FinAccel's Garg: "Credit data is a challenge for BNPL in Indonesia"

Akshay Garg, CEO and founder of FinAccel that operates the credit finance platform Kredivo, shared challenges and strategic perspectives of credit-bas...

Besides India's $2.6 billion impact investments are more opportunities for private sector to participate

The private sector’s investment in impact projects will build resiliency and focus on what matters to the people. This article identifies key areas ...

Revolut moves into US and UK online banking race

Fintech startup Revolut has applied for a banking licence in the US and UK in a bid to make inroads into the online banking business in the two econom...

BNPL funding grew 93% CAGR as volumes, users and revenues surged in 2020

The rapid transformation of domestic and cross-border payments brings new opportunities and challenges for financial institutions. Industry experts sh...

Can impact investing play a part in war zones?

We are living in the most peaceful time in human history, with the lowest number of deaths from war in the last decade....

DBS Private Bank commits more than 50% of AUM to sustainability investments

Joseph Poon, group head of DBS Private Bank, shared expansion plans for the bank’s sustainability portfolio that is committed towards long term posi...

OCBC’s Tsien: “How is technology changing financial institutions today?”

OCBC’s Tsien: “How is technology changing financial institutions today?”...

Digital-only bank Tonik launches in the Philippines

Tonik, one of Southeast Asia’s first digital-only banks, has officially launched in the Philippines, the country’s first neobank...

Indonesian banks’ profitability hardest hit amid COVID-19 but remained highest in Asia Pacific

The COVID-19 pandemic has exerted substantial impact on the profitability of banks in Asia Pacific, although most are better positioned to weather thi...

Shangri-La Brewery's Gyalzur:

Songtsen “Sonny” Gyalzur, founder of the Shangri-La Highland Craft Brewery, spoke with Emmanuel Daniel about his journey from a privileged young m...

LINE BK tops two million users in Thailand

LINE BK, the first social banking platform in Thailand, has exceeded two million users within four months from its launch in October 2020. LINE BK reg...

Funding Societies’ Teo: “We brought our cash burn down by about 50%”

Kelvin Teo, group CEO of Funding Societies, shares key challenges faced during the pandemic and the initiatives needed to address growing credit risks...

Global Payments Report: Digital wallets and BNPL drive ecommerce payments

The use of digital wallets has accelerated amid the pandemic and exceeded cash-based transactions for in-store payments for the first time, according ...

Raast set to revolutionise digital payments in Pakistan

Market development, operational challenges, and payment preferences are going to shape consumer engagement with the new instant payment platform...

Mastercard and Island Pay launch CBDC linked prepaid card in the Bahamas

Mastercard and Island Pay launched a prepaid card which allows users to transact using the Central Bank of The Bahamas issued digital currency, and ex...

Top Indian banks increase investments in technology

India’s financial payments and banking industry is expected to invest more on new technologies and improve existing infrastructures and capabilities...

"Building digital asset infrastructure for financial markets"

In this interview Rehan Ahmed and Pradyumna Agrawal discusses the issues surrounding the future of digital assets in Asia and the lack of an infrastru...

Bank and fintech collaborations speed up payment efficiencies

APIs, faster payment schemes and industry-wide collaborations of financial institutions and technology players are helping to transform and lower the ...

Reshoring of global supply chains spurs growth in financing

Industry practitioners discuss how process of bringing offshore global supply chains back to the country of origin accelerates demand for existing and...

BIS’ Carstens: “Digital currencies and the future of the monetary system”

Agustín Carstens, general manager of Bank for International Settlements, in a speech to Hoover Institution affiliates, comprising Stanford University...

Corporate and transaction bankers turn to digitisation and sustainability to survive the

In a post-pandemic environment with reduced volumes, depressed margins, and elevated credit costs, corporate and transaction bankers have identified d...

Pine Labs’ Rau: “We are expanding the buy now, pay later service in Southeast Asia”

Pine Labs, the erstwhile India focused merchant and payment platform company, is now shifting its attention to Southeast Asia. Amrish Rau, CEO at Pine...

$18 billion Gojek-Tokopedia merger brewing after talks with Grab hit a snag

Tokopedia and Gojek are reportedly in a tie-up ahead of a planned public listing in Indonesia and the United States...

StanChart Kenya is Most Recommended Retail Bank in Africa; Nedbank, Capitec Bank, CalBank, and Guaranty Trust Bank lead multiple consumer rankings

Customers decide which banks in the Africa region stood out from the rest and were most helpful during COVID-19 following the result of the BankQualit...

SCB’s new payment hub boosts processing capacity and business growth

Siam Commercial Bank and IT partner FIS implemented a future-proof payment hub to increase processing capacity and shorten product development cycle. ...

Banque Saudi Fransi, Commercial International Bank and Emirates NBD lead consumer rankings in the Middle East

The inaugural BankQuality™ Consumer Survey and Rankings in the Middle East interviewed 3,000 customers in three key markets in the region on their e...

Bank BRI advances its retail banking business in a digital economy