Australian households are struggling with the record amount of outstanding debt, and the sliding housing market fuels concerns over shrinking economic growth in the country. In addition, the rapid build-up of household debt in China continues to attract attention
Joey Kim, founder and CEO of PeopleFund, reveals South Korea’s current lending market and how they disrupted the status quo with their unique business model
Indonesia is seeing exponential growth in mobile payments spurred by a robust fintech landscape, though usage remains uneven and limited
While fintechs may take some market share away in specific niches, the partnerships, analytics, and value-add that leading banks are developing can keep head of the game. Banks that fail to keep up could lose a significant share of their SME business
A wave of global megatrends is creating a tailwind of opportunities for businesses and individuals willing to transform their approach and adapt solutions around rapidly changing customer needs
Westpac chief development officer Macgregor Duncan spoke about the importance of partnerships in driving innovation
Impact investment funds are set up to make a positive environmental, social or governance impact while returning a profit for investors. Before investing in an impact fund, investors should follow a process of due diligence, make sure its people-centred and fully understand the governance structure of the fund.
Global trade is undergoing significant change. The increasing trend of anti-globalisation – and, in particular, the burgeoning US-China trade war – is challenging the established, interwoven ecosystem of world trade, potentially impacting access to US markets and posing a threat to Asian export volumes. Yet, Asian trade remains robust.
Although corporate banks have delivered steady returns since the 2008 crisis, banks face a daunting challenge to become infrastructure strong to accelerate growth and become agile and digital focused
Liquid Group founder and CEO, Jeremy Tan, describes the current payments landscape for non-bank financial institutions and believes personalisation to be the defining feature of the next generation payment networks.
Long before the advent of impact investing, Urmatt, the largest producer of organic Jasmine rice in the world, exemplifies how a business can combine profit and purpose and stay ahead of the competition.
Xie Yonglin, Chairman of Ping An Bank wins the CEO Leadership Achievement Award for China and Asia Pacific in 2019 and Ping An Bank is the Best Managed Bank in China and Asia Pacific
Over 50% of companies surveyed had increased use of Renminbi (RMB) for cross-border trade settlement in 2018 and expect to do more in 2019 says China Construction Bank in latest RMB Internationalisation Report
Within Asia, China has been the undisputed leader in terms of total fintech investments raised. In other parts of the region, fintechs in South East Asia witnessed a 143% growth in funding that reached $484 million in 2018
Pressure on margins from increased competition and compliance requirements is forcing the industry to recalibrate its trade finance offerings. While institutions know that trade digitalisation is important for the future of the business, success relies heavily on deeper coordination and collaboration between the myriad participants in the trade finance ecosystem and technology enablers
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