The South African Reserve Bank published a consultation paper that looks into the possibility of setting up a first-ever domestic card scheme. Detractors however warned of troubles.

We are living in the most peaceful time in human history, with the lowest number of deaths from war in the last decade.

Grab is set to debut on the US market following its announcement to go public through its partnership with Altimeter.

Chinese e-commerce player Pinduoduo revealed in its latest report it recorded over 788 million annual active users, surpassing Alibaba’s 779 million registered users

The amount of assets has tripled under the net zero asset managers initiative which now has 73 global signatories. It accounts for one third of the global assets under management (AUM). Are the fund managers adding the right zeroes to cut down global emissions?

Greater need to drive innovation, business value and efficiency increased the momentum to cloud adoption and digital transformation among financial institutions (FIs)

Akshay Garg, CEO and founder of FinAccel that operates the credit finance platform Kredivo, shared challenges and strategic perspectives of credit-based payments and buy now, pay later industry in Indonesia

Bank of China (Hong Kong), the strongest bank by balance sheet in Asia Pacific in 2020, has the highest capital adequacy ratio (CAR) among banks with total assets of over $100 billion in Asia Pacific at the end of 2020. The bank is well capitalised, despite the decline in its CAR from 22.9% in 2019 to 22.1% in 2020.

Digital payment and financial tools enabled by mobile internet are becoming a powerful force to expand access to financial services in developing economies in Africa to reach the unbanked population.

The Chinese government has proposed establishing a joint venture with local technology companies to oversee the collection of data from Chinese consumers.

The Asia Pacific will likely remain an active place for mergers and acquisitions in the financial sector in 2021 due to stronger post-pandemic recovery, opening up of markets, and a growing pool of fintech startups seeking funding, according to S and P Global Market Intelligence report.

Wang Yanrong, general manager of private banking at China Merchants Bank, discussed the bank’s key initiatives and business performance in 2020 as well as the opportunities and challenges that it faces to establish market leadership

We are living in the most peaceful time in human history, with the lowest number of deaths from war in the last decade.

Fintech startup Revolut has applied for a banking licence in the US and UK in a bid to make inroads into the online banking business in the two economies.

The rapid transformation of domestic and cross-border payments brings new opportunities and challenges for financial institutions.Amid shrinking payment margins, players are rethinking their business models to better monetise data insights and integrate financing options such as “buy now, pay later” (BNPL). Industry experts share their views on the impact of this changing landscape, emerging value propositions, and key technology enablers for future growth