Square announced its acquisition of Australian buy now, pay later (BNPL) company, AfterPay, through a $29 billion deal. Square posted a net revenue of $9.5 billion, up 101.5% year-on-year (YoY). Its subscription and services-based revenue reached $1.54 billion, up 49% YoY.
CCB president, Wang Jiang, attributed the strong results to the bank's digital financial inclusion, fintech and green finance initiatives.
In this Leadership Perspective series, Domenic Fuda, group managing director and CEO at Hong Leong Bank (HLB), discussed the bank’s digital transformation amid the pandemic, and how it has allowed it to innovate products and improve financial performance
BIDV achieved a 50% growth in total securities under custody during the COVID-19 pandemic and has sped up the process of product development.
The experience and leadership of Nikhilesh Goel have enabled Validus Capital to cement its position as the largest SME lending platform in Singapore and accelerate its regional expansion through joint ventures.
Nguyen Hung’s valuable experience and proficiency in management and banking operations helped elevate TPBank’s position as one of the leading commercial banks in Vietnam. With his heavy emphasis on digitisation, the bank has considerably enhanced its digital capabilities.
Despite losing over $610 million worth of cryptocurrencies to a cyber hack, touted as the largest of its kind, Poly Network was able to recover all assets shortly after. What does the increasing number of cyber thefts, and this particular case, say about the security of decentralised finance?
William Tanuwijaya helped facilitate the rise of Indonesia’s largest online marketplace with entrepreneurial spirit and resilience. He led Tokopedia to achieve tremendous growth and improve livelihoods in Indonesia. He was instrumental in driving the merger of Gojek and Tokopedia in May 2021.
Victor Li has led Pintec to make significant progress in its domestic and overseas businesses. He spearheaded the launch of innovative solutions and acted swiftly and decisively during the pandemic to enable the company to support its partners and affected communities.
With the rise of cryptocurrency fraud, appropriate legal remedies are needed to mitigate risk and recover stolen assets. The ongoing pandemic has increased the reach of cybercrime as more users turn to online investing.
The number of unicorns has increased dramatically amid a surge in venture capital investments, making 2021 a record year for privately held startup companies achieving unicorn status.
The global financial industry has evolved as a result of the widespread digital transformation of traditional banks and the entrance of new digital banks. In the Middle East, the legal framework is slowly developing, which will open up the market to more digital banks.
2020年，平安银行在业务增长、技术能力和创新各方面都超过了国内和同地区的零售银行同行。
China’s pilot of the central bank digital currency has made promising progress. However, the digital RMB system collects and shares less transaction information than traditional electronic payments according to a PBOC digital RMB white paper.
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