Banks look to build on operational efficiencies through automation while deepening fintech
The COVID-19 pandemic accelerated the digitisation and innovation in financial services. It has also impacted the operations, financial sustainability and funding of fintech companies
Siam Commercial Bank and IT partner FIS implemented a future-proof payment hub to increase processing capacity and shorten product development cycle. The initiative is in accordance with the National E-Payment Roadmap driven by Thailand’s government and central bank to promote nationwide digital economy.
After a COVID-19 led delay, the Monetary Authority of Singapore finally announced the winners of four of five digital banking licences that it planned to issue, with some notable contenders missing out.
Exceptional leadership is demonstrated and proven during periods of sustained challenges and adversities to deliver strong and sustainable outcomes.
The bank captured growth opportunities in Indonesia by focusing on improving customer experience and creating innovative digital services
The bank showed a robust financial position and consistent business performance despite unfavorable economic conditions by adhering to its “customer centricity” strategy
In addition to leading their institutions to support customers and communities, some bank bosses are also taking pay cuts or making charitable donations to support the fight against the COVID-19
Tech giants, which make up some of the world’s largest companies, are muscling into traditional banking spaces. But whether they want to crush the traditional finance players or enable them, they are learning across the globe that disrupting well-regulated banking systems is easier said than done
Be it the looming intergenerational wealth transfer, the rising millennial generation or the current pandemic – all of these factors have increasingly influenced investor attitudes when it comes to sustainable investing. IQ-EQ’s Peter Golovsky explains what the key drivers are, and how this changing landscape is triggering a shift in the investment focus of families and family offices across Asia.
Heads of cash, trade and treasury of three leading US transaction banks discuss the impact of COVID-19 on trade and payment flows as well as industry outlook for APAC, and how they are helping FI and corporate customers address challenges during the current crisis
Alibaba achieved another record-breaking sales of RMB498.2 billion ($74.1 billion) in total gross merchandise volume for its 11-day shopping festival this year
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