Shenzhen-based Chinese tech giant Huawei held its Asia Pacific Financial Industry Storage Summit 2020, on 13 August to address the latest trends, developments, and challenges in data storage
Beirut was hit by massive explosions on 4 August 2020 that wreaked widespread damage to the city and significant loss of lives. Our thoughts are with the people of Lebanon during this difficult time.
Former HKMA chief Joseph Yam discusses the implications of US-China relations on Hong Kong as an international finance centre, the removal of the territory’s special status and describes the targeting of foreign individuals and entities as weaponisation of finance.
Bill Reichert, managing director and co-founder of Garage Technology Ventures discusses the evolution of venture capitalism and how COVID-19 has impacted long-term investment so far
Cloud native core banking technology provider Thought Machine's new study reveals that 95% of banks in Asia Pacific are still running on second or third generation banking technology, driving up costs and limiting their ability to innovate and keep up with their more digitally-advanced competitors
An international alliance of over 40 blockchain, cryptocurrency, finance, payment and charitable organisations has launched an open-source unique payment identifier, PayID, to harmonise cross-border transactions globally.
UK-based core banking tech provider Thought Machine has announced expansion plans in Asia Pacific to support the transformation of the APAC retail banking market with cloud native technology.
The president director of Bank Central Asia (BCA), Jahja Setiaatmadja, talks about how accelerating the bank’s digital transformation has helped in expanding customer engagement and how the financial services industry will play out during the current crisis brought about by COVID-19
While sustainable funds remain on track to beat the records set in 2019, impact investors indicate they are unlikely to alter strategies amid the pandemic, although they anticipate their impact outcome to fare better than the financial.
The use of RMB in international transactions will increase despite US-China trade frictions and on-going COVID-19 pandemic according to the latest annual survey on RMB internationalisation conducted jointly by China Construction Bank and Asian Banker Research.
In this CEO Perspectives, Absa Group CEO Daniel Mminele discusses the impact of the coronavirus pandemic and how the African banking sector is coping.
South Korea’s first digital-only bank Kakaobank (kakaobank) earned the top spot as the Most Helpful Bank in Asia Pacific during COVID-19 in the inaugural BankQuality Consumer Survey and Ranking, which involved 11,000 bank customers in 11 markets across the region.
In this new piece for the CEO Perspectives series, Vietcombank Chairman Nghiem Xuan Thanh discusses how COVID-19 played out in Vietnam, the bank’s readiness and response to the crisis, as well as what could come out of the pandemic for the industry at large.
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