Citibank India enabled NFC mobile payments in 2009 and is now banking on m-commerce and P2P payments, while Bank of East Asia believes dynamic personalisation is the next big thing.
The launch of several offshore renminbi products and services underlines sustained demand for access to the currency and related businesses despite global market fluctuations and domestic concerns in China.
In a survey of challenges caused by current economic threats, David Li, CEO of BEA, KV Kamath, chairman of ICICI and Wee Ee Cheong, CEO of UOB are among leaders expressing concerns on liquidity, inflation and other issues.
David Li, CEO of Bank of East Asia, Hong Kong, feels that market turmoil has been a wakeup call for US and EU governments to address debt issues and structural problems.
