Ethereum, Terra and Binance Smart Chain (BSC), the top three largest DeFi blockchain networks, represented 76.5% of all DeFi activity. Ethereum is facing stiff competition from other DeFi blockchains and is moving to Ethereum 2.0.
As the trade finance industry collectively progresses to address challenges around digital fragmentation and isolation, adoption of standard solutions and well-established legal frameworks along with technology as an enabler will play critical roles in truly digitalising trade.
A recent study by TABInsights and FICO of digital banking customers revealed how increased customisation and timely processing can contribute to more sustained engagement with primary banking providers.
China is cracking down on big techs’ monopoly in financial data to curb abuses of power and protect consumers’ privacy, according to the country’s banking and insurance watchdog.
Accelerating digital transformation and improving technology infrastructure capacity are key to MB Group’s strategic goals for the new period.
In the recently released Global Fintech Hub Report 2021, Beijing was named the best fintech hub, followed by San Francisco, New York, Shanghai, Shenzhen, and London.
Military Joint Stock Commercial Bank (MB) was honoured with two prestigious awards, namely Best FX Bank in Vietnam and Best Financial Derivatives Provider in Vietnam in recognition of the bank's breakthroughs in recent years at The Asian Banker Transaction Finance Awards virtual ceremony held in August.
Commercial banks such as DBS Bank and traditional exchanges such as the Singapore Exchange have one thing in common: they are setting up and adding digital exchanges and platforms to their existing business lines.
Amid escalated credit, operational, and market risk challenges, there is an impetus to actively manage intraday liquidity through the use of advanced technologies
While new digital banks in Asia Pacific harbour lofty ambitions to reduce customer pain points with unique business models, differentiated services, as well as agile and efficient technologies, they face formidable competition and a challenging journey ahead to achieve scale and profitability
Bank of Nanjing has leveraged technology to bring impact to business growth, cost-saving strategies, high-quality regulatory compliance and operational efficiency.
MBBank saw growth in the number of customers using its digital channels that reached 90 million electronic transactions, accounting for 84.4% of the total number of transactions.
The COVID-19 pandemic has led to a shortage of semiconductors globally, accelerated by the increase in remote working and schooling arrangements, remote monitoring of factories and manufacturing plants, and demand for smart devices and equipment.
Cross-border payments are affected by high costs and inefficiencies, and burdened by compliance requirements. Partior presents an alternative infrastructure to tackle these issues.
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