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This 34-page Asian Banker Research report paints an in-depth picture of Asia Pacific region banks’ Internet banking practice as it stands today from the view points of the banks themselves.
With two Middle Eastern banks hit for $45m in a recent heist, banks will be well-advised to double security efforts to stay one step ahead of persistent cyber crooks.
William Isaac, former chairman of FDIC, believes that it is more important that banks develop sound decision-making processes, rather than comply with Basel III rules.
The bank achieved 12 quarters of consistently strong performances since 2010, while CEO Piyush Gupta managed to achieve the main goals outlined in his nine-point strategic roadmap.