Exponential leaps in artificial intelligence and its rising adoption in the financial services industry mean that some risks need to be assessed and managed along the way

CMB Wealth, the asset management subsidiary of China Merchants Bank, has become China’s largest in just three years, generating over four million transactions per day and maximising cloud technology capabilities

Inclusive innovation in central banking can enhance monetary and financial stability, according to Daniel Eidan, advisor and solution architect of BIS, speaking at the Excellence in Retail Financial Services Convention 2023

Indonesia’s Bank Central Asia, DBS Singapore, South Korea’s Toss Bank, and China’s Alipay were voted the Most Recommended Retail Bank, Most Selected Main Bank, Most Recommended Digital-only Bank and Most Recommended Platform, respectively, in the 2023 BankQuality™ Consumer Survey

Surging interest rates and increased digital adoption helped banks achieve a 14-year-high revenue growth of $345 billion in 2022, but in the face of tectonic shifts, banks cannot afford to rest on their laurels

Bank of Beijing’s new early-warning system enables bank to proactively predict, manage and prevent credit defaults

Banks must take a proactive approach towards managing increased credit and liquidity risks, and promptly adjust strategies and operations if they are to navigate the disruptive economic landscape

The party came to an end with the collapse of US banks and Credit Suisse, and the industry must be wary of the sources of future instability

Sheng Liurong, chief financial officer at CCB, introduced the bank’s new asset and liability management system, that allows the bank to better monitor and control cash flow gaps, forecast liquidity risks under normal and stress scenarios, and establish early warning indicators to detect potential liquidity risks

Dusan Stojanovic, founder of True Global Ventures, caught up with Emmanuel Daniel, founder of The Asian Banker, to unpack how the recent banking crises in the US and Europe signal a shift towards decentralised assets and platforms

Banks are leveraging digital solutions, risk management strategies, and user-centric approaches to drive growth in the wake of COVID-19

Customers in rural Tanzania can now access financial services afforded by CRDB Bank’s network and new digital capabilities, opening a door for underserved segments to the larger economy

Family offices and ultra-high-net-worth families have been cautious with their investments in the past two years but the gloves are coming off, with many counting the cost of being overweight in cash

OCBC’s Sunny Quek and Serene Koh hope to distinguish the industry-changing innovations that OCBC has achieved from the achievements of other banks—many of which Koh believes have been over-publicised and hyped

Riding the wave of Kotak811’s success, Kotak Mahindra Bank launched its corporate digital banking portal in 2022 to improve products and services for customers