MoMo registered 31 million users as of 2022, more than half of the Vietnamese unbanked population, of which some 35 million are in the medium to low-income segment

Even as new digital players offer cheaper ways to onboard customers, incumbent banks continue to hang their innovation and investment on antiquated architecture and legacy technology that increase technical debt and risk

Banks strengthen digital banking capabilities by enhancing the user interface and user experience design, automation and digitalisation

A veteran of the credit card industry, Piyapan joined TTB as president to lead its retail banking business and plans to make TTB one of the top four in the unsecured loan business in Thailand

Top awards won by StanChart, ADCB and UOB at The Asian Banker Excellence in Retail Financial Services Awards 2023, with StanChart's Samir Subberwal named Retail Person of the Year.

Smart Banking 3.0 addresses financial pain points such as higher entrance threshold, lengthy procedures, and expensive borrowing felt by underserved segments of the economy by delivering financial services in a more inclusive, humanised manner

Family offices and ultra-high-net-worth families have always been cautious with their investments in the past two years but the gloves are coming off, with many counting the cost of being overweight in cash

The Asian Banker’s survey across financial institutions (FIs) in seven countries in Asia reveals emerging trends in cybersecurity risks and fraud, pressing challenges and technology areas prioritised.

Alipay emerges as the best platform, driven by its impressive performance in coverage, connectivity and ecosystem, while GCash excels in customer base, usage and engagement, and Wise scores on performance

The Asian Banker held its 22nd Excellence in Retail Financial Services Convention, presenting the first global rankings of the best retail and digital finance institutions in the world published by TABInsights. Incorporating the Heads of Retail Finance Annual Meeting, the first in-person event, in three years, was held in Hanoi, Vietnam.

As corporates diversify their supply chain sourcing, there is a rapid shift in how banks are meeting their procurement and financing needs through innovation and digitalisation. To respond to greater demand for time-to-market, Standard Chartered Bank drives ecosystem connectivity and access to its financing solutions via third-party platform and fintech partnerships.

The failure of Silicon Valley, Silvergate and Signature banks was caused by asset-liability mismatches, interest rate hikes and insufficient diversification, with many other US banks set to crack

Sam Everington, CEO of Engine, Starling Bank’s technology arm, discussed the advantages of the cloud-native and modular Software-as-a-Service banking platform, and its plans for expansion.

US financial regulators have announced damage-control measures for the Silicon Valley Bank crisis. Treasury Secretary Janet Yellen promised that there will be no taxpayer-funded bailout. SVB's undoing ranks just behind the largest bank failure in US history of Washington Mutual in 2008. New-York based Signature Bank was seized by the FDIC two days after SVB was shuttered.

By combing various technologies such as artificial intelligence, big data, 5G, and internet of things, edge computing is a viable solution to issues such as data latency, waste of bandwidth and possible security breaches.