Critiqued as a necessary but flawed response to societal issues, philanthropy stands as a mediator of wealth and persistent inequality, prompting a need to maximise impact through calculated approaches

Banking leaders convened at a roundtable in Kuala Lumpur recently, with panellists pointing to agility and innovation as transformational drivers, emphasising the need to modernise technology and overcome cultural barriers to remain competitive in this dynamic sector

Surging past $1.3 trillion, the cryptocurrency marks a significant milestone, with some enthusiasts predicting a potential $56 trillion cap by 2034

The world’s top 10 most profitable banks with assets over $100 billion include four from the Middle East, three from Asia, two from the Americas, and one from Europe

The global use of Renminbi is influenced by geopolitics, macroeconomic conditions, infrastructure, and technology

The popularity of Bank Central Asia reflects a trend of traditional banks embracing digital innovation to meet customer preferences

Nubank has reported its first full-year profitability since its launch in 2014. Nearing 100 million customers, the bank has set new benchmarks in revenue

Alipay retains its top spot in this year’s ranking, while Apple Pay climbs higher with its expanded financial services ecosystem

Deema Shaath, Head of Consumer Banking Digital Strategy at the National Bank of Kuwait (NBK), outlines the bank's innovative digitisation strategy. Shaath emphasises the integration of technology and customer-centric banking and NBK's commitment to excellent services tailored to changing consumer needs.

JPMorgan Chase, China Construction Bank, and Emirates NBD claimed leading spots in this year’s ranking, with JPMorgan Chase standing out in retail financial performance and digital customer base

Bank of the Philippine Islands is expanding its reach and deepening retail loan market impact by enhancing digital and physical networks, embracing open banking partnerships, and introducing inclusive solutions

Generative AI revolutionises banking operations, regulatory frameworks adapt to innovation, and digital banks expand in global markets, marking significant shifts in the financial services sector set to define its trajectory in 2024.

The majority of institutions surveyed attribute their increased Renminbi usage to China’s investments and partnerships facilitated by the Belt and Road Initiative

A prominent player in Southeast Asia’s digital finance sector, the group saw significant growth in 2023, cutting losses by 29% despite a challenging economic environment

Surveyed institutions continue to adopt RMB in cross-border trade, driven by cost benefits and foreign exchange risk management