Ping An Bank chairman Xie Yonglin talked about the bank’s transformation journey into a leading retail financial services provider, the evolution of the bancassurance business model and his key career milestones and aspirations during his interview with The Asian Banker chairman Emmanuel Daniel
From corporate governance and board composition to loan portfolio credit quality, new approaches utilising passive and active steps are driving the change in how to approach environmental, social and governance integration along with reporting across jurisdictions.
With Mackenzie Bezos’s instant signing of the Giving Pledge Jeff Bezos finds himself at the centre of debate over taxes and philanthropic funding
Insights from this year’s International Heads of Retail Annual Dialogue, held in Dubai in March 2019 and attended by heads of retail banking from the Middle East, Asia Pacific and West Africa, reveal that banks are close to an inflection point which could see them lose their customer mandate altogether.
Lack of proper two-factor authentication and device linkage led to the hacking of 900 customer accounts and $509,000 fraudulent transactions in 7-Eleven’s mobile payment app, days after its launch
It is still early days for large technology companies or “big techs” in financial services, but given their size and customer reach, these have the potential to spark rapid change in the financial system. This edited speech provides an initial assessment of the benefits and costs, and lays out a number of questions that deserve more attention.
Sharp rise in electronic payment incidents in Australia resulted in substantial customer disruption in 2018.
Tharman Shanmugaratnam, senior minister and chairman of the Monetary Authority of Singapore, reveals the next steps inliberalising Singapore’s banking system and shares his thoughts about the ongoing digital revolution in finance during the Association of Banks in Singapore’s annual dinner, held on 28 June 2019.
The US House of Representatives’ Financial Services Committee has called for a halt to Facebook's cryptocurrency-based digital wallet citing serious concerns over privacy, trading, national security, and monetary policy issues.
Big four banks to tidy up various messes coming from renewed pressure from regulators
Several promising distributed ledger technology (DLT) based use cases emerged in the financial services recently but there still remains multiple hurdles to be crossed before the technology can scale to mainstream use and bring real value
In an interview with Rajiv Chandna, Grab Financial Group’s head of growth, business development and strategy, The Asian Banker delves into the financial service provider’s cooperation with banks, its partnership approach and what is in the pipeline for 2019.
In a straightforward interview with The Asian Banker, Adnan Chilwan shares his views on digitalisation and its impact on banking and talks about what drives him to continuously move forward.
With the seemingly accelerating adoption of e-wallets, GCash, PayMaya and Grab vie for a large piece of the e-wallet pie but must first confront issues involving cash-in, activation and economic sustainability to stay in the business.
As fintechs and big technology players are increasingly developing their platforms and apps, the financial services industry is in serious need of developing their technologies or collaborating in order to keep up with their disruptors
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