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The Asian Banker RSS feed News, Analysis, Opinions, Interviews and Press Releases

Former HKMA chief: “Weaponisation of finance poses substantial risk to US”

Fri, 31 Jul 2020 20:35:00 +0800
Former HKMA chief Joseph Yam discusses the implications of US-China relations on Hong Kong as an international finance centre, the removal of the territory’s special status and describes the targeting of foreign individuals and entities as weaponisation of finance.
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Garage Ventures' Reichert: "Aggregated numbers on VC investments wildly misleading"

Wed, 29 Jul 2020 11:37:00 +0800
Bill Reichert, managing director and co-founder of Garage Technology Ventures discusses the evolution of venture capitalism and how COVID-19 has impacted long-term investment so far
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95% of banks in Asia are running on outdated core banking technology

Wed, 29 Jul 2020 11:37:00 +0800
Cloud native core banking technology provider Thought Machine's new study reveals that 95% of banks in Asia Pacific are still running on second or third generation banking technology, driving up costs and limiting their ability to innovate and keep up with their more digitally-advanced competitors
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Thought Machine announces $125 million series B funding round – driving continued international and APAC expansion

Tue, 28 Jul 2020 12:54:00 +0800
UK-based core banking tech provider Thought Machine has announced expansion plans in Asia Pacific to support the transformation of the APAC retail banking market with cloud native technology.
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International alliance introduces new universal payments ID

Mon, 27 Jul 2020 17:16:00 +0800
An international alliance of over 40 blockchain, cryptocurrency, finance, payment and charitable organisations has launched an open-source unique payment identifier, PayID, to harmonise cross-border transactions globally.
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Vietcombank’s Nghiem: “Becoming digitalised is the future for banks”

Wed, 15 Jul 2020 14:34:00 +0800
In this instalment of the Digital Reinvention Dialogue series, Nghiem Xuan Thanh, Chairman of Hanoi-based Vietcombank, maps out the bank’s journey towards digital reinvention as one of its top agendas to remain competitive.
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Businesses favour increasing use of RMB amid trade tensions and pandemic

Tue, 07 Jul 2020 14:01:00 +0800
The use of RMB in international transactions will increase despite US-China trade frictions and on-going COVID-19 pandemic according to the latest annual survey on RMB internationalisation conducted jointly by China Construction Bank and Asian Banker Research.
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Absa Group’s Mminele: “COVID-19 will bring about fundamental structural changes”

Thu, 02 Jul 2020 17:36:00 +0800
In this CEO Perspectives, Absa Group CEO Daniel Mminele discusses the impact of the coronavirus pandemic and how the African banking sector is coping.
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Kakaobank is the most helpful bank in Asia Pacific during COVID-19 according to consumers

Thu, 02 Jul 2020 15:37:00 +0800
South Korea’s first digital-only bank Kakaobank (kakaobank) earned the top spot as the Most Helpful Bank in Asia Pacific during COVID-19 in the inaugural BankQuality Consumer Survey and Ranking, which involved 11,000 bank customers in 11 markets across the region.
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WFE’s Sukumar: “A regulated, transparent market will maintain sanity in a time of turmoil”

Tue, 30 Jun 2020 13:58:00 +0800
World Federation of Exchanges (WFE) CEO Nandini Sukumar discusses the initiatives required to ensure the normal functioning of financial markets globally amid the unprecedented disruption caused by the COVID-19 pandemic.
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