Tim Berners-Lee, inventor of the World Wide Web, traced the evolution of the Web that he created. How its existence as a free and open platform has been commandeered by big tech companies and businesses whose interest are misaligned with online users, especially in the use of their personal data. He also highlighted new financial services regulations and standards such as PSD 2 and Open Banking as positive examples of protecting data ownership and privacy. In a follow up dialogue with Emmanuel Daniel, chairman, and Gordian Gaeta, international resource director, of the Asian Banker, he discussed initiatives such as SOLID (Social Linked Data) aimed at radically changing the way Web applications work today, and how they ensure true data ownership and improve privacy
The Asian Banker and China Construction Bank, launched the global Renminbi (RMB) Internationalisation Report 2018, which is based on a survey of 346 companies (230 in China and 116 overseas) and 52 financial institutions to evaluate the progress in RMB usage and development of cross-border RMB denominated products and businesses.