Instant cross-border settlements are opening up the market for new players to innovate. With diverse ideas in the payments sector, those looking to collaborate — and not necessarily within the banking sphere — will come out on top.
Countries are eager to strike a balance between mitigating the economic damage from lockdowns and keeping the coronavirus outbreak under control.
While the coronavirus crisis has undoubtedly ravaged nations and economies, it offers an opportunity for the world to hit the reset button and redefine the future for generations to come.
Forest Lin, corporate vice president at Tencent and concurrently president at Tencent Financial Technology, shares his insights on the impacts of the pandemic on the company, the recent strategic initiatives as well as the outlook for 2021
Kakaobank of South Korea has won the customer vote through its digital-only service to top APAC retail bank ranking
COVID-19 has fundamentally changed our perception of cash, but unless governments reform outdated laws and regulations, millions of people in developing countries will remain financially excluded.
Regulators in many APAC economies have begun setting the rules and issuing licences for digital banks, but the COVID-19 pandemic has affected some of these plans and initiatives.
With 85% of Asia’s billionaires still the founders of their family businesses, Asian families are on the cusp of the most significant transition of wealth between first and second generations. Evolving the family office function can support Asian families on this crucial journey.
The pandemic has highlighted the key role digital platforms play in keeping the global economy going. Businesses will need to adjust strategies and adapt accordingly to this new reality in order to thrive after the crisis passes.
With the COVID-19 pandemic in full swing, many people are staying at home and doing their shopping through mobile phones and computers. As a result, e-commerce and cashless payments have seen growth and spread further across different markets.
Standard Chartered has unveiled its new banking as a service venture ‘nexus,’ which offers partnership opportunities and allows ecosystem players to enter financial services without having to set up a bank.
In yet another part of CEO Perspectives, Hatton National Bank CEO and Managing Director Jonathan Alles discusses how the pandemic has affected the Sri Lankan economy and the new normal banks will have to adapt to after the crisis.
In this piece for the CEO Perspectives series, Azizi Bank’s President and CEO Mohammad Salem Omaid offers an insightful perspective on the pandemic’s impact on Afghanistan and its banking sector.
It is largely accepted that gender diversity in business equates to good corporate governance – but for investors, it is fast becoming a corporate requirement.
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