Regulators have intensified efforts to curb the financial and conduct risks that confront banks in the region.

Although the Asia Pacific banking sector as a whole has become more robust in the past few years, there remains concerns over persistent financial risks and vulnerabilities. The regulators have moved aggressively to control the risks and strengthen the banking systems

Retail banking sector has been the main growth driver for Indian banking sector during the past few years, as banks’ exposure to corporate banking sector has been reduced due to bad loans problems. Their retail lending has grown at a compound annual growth rate (CAGR) of 16.2% over the FY2013 to FY2018 period, making India's retail banking one of the biggest among emerging markets.

On October 12, The Asian Banker held its Annual Taiwan Awards Briefing & Luncheon 2018 at Westin Taipei, Taiwan. Two sets of awards were presented during the day, the Financial Technology Innovation Awards and the Excellence in Retail Financial Services Awards. A total of 7 awards were given during the awards ceremony.

The Future of Finance Philippines 2018 conference gathered over 200 bankers and financial services professionals for a day of insightful discussion. The event provided delegates with useful perspective on how the deployment of financial technology (fintech) and e-commerce in the country has paved the way towards digitalisation of payment transactions.

Yirendai, the largest P2P online consumer finance marketplace in China, offers services that are based on technology-driven innovations such as big data powered risk management, data driven customer acquisition and conversion, and anti-fraud technology

Ping An Bank has successfully transformed its operating structure into a modern one, prioritizing asset-light and capital-light structures to allow flexibility.

Flash Loan 2.0 was launched, designed to increase the user-friendliness of the app, condense selling points and update risk management systems, allowing the app to review 100,000 applications per day

After more than a year in service, Liv developed an innovative digital banking solution for the UAE, but needs to evolve quickly to stay ahead of both domestic competitors and new market entrants.

While steering the calls, Eva reduced incorrect routing by 73% and has also resulted in overall 50% reduction in the time taken to digitally serve a customer as compared to IVR.

Taishin @GoGo is the fastest growing card in Taiwan. The bank issued 200,000 cards within the first 18 months.

JD Finance takes full advantage of technology integration and cross-company synergy, allowing the company to offer corporate, retail, and rural customers safe and customized financial services

The innovative Feng Yun mortgage offers a 40-year loan with fully flexible changes in repayment terms and customers can use online tools to check the value of a property and apply for a loan.

Digital innovation could be a true game changer in the world of trade, delivering new capabilities that could not only facilitate optimised, efficient processes and more frictionless trade, but that could also subsequently help to significantly boost trade activity and economic growth.

Two sets of awards were presented during the night, the Financial Technology Innovation Awards and the Excellence in Retail Financial Services Awards. A total of 12 awards were given during the awards ceremony