Ravi Menon, managing director, Monetary Authority of Singapore, in his speech at the Singapore Fintech Festival 2022 on 3 November 2022, likened fintech to the five elements of Chinese philosophy, and introduced projects that address the needs of fintech players akin to those same elements.
Opening address by Lawrence Wong, deputy prime minister and minister for finance, and deputy chairman of the Monetary Authority of Singapore, at the Singapore FinTech Festival on 2 November 2022.
DBS CEO Piyush Gupta, Public Bank CEO Tay Ah Lek and UOB CEO Wee Ee Cheong are the top three highest-paid bank chief executives in Asia Pacific in FY 2021. The combined total remuneration eared by the top ten reached $56.5 million in FY 2021, up from $53.6 million in FY 2020
Vietcombank put emphasis on fast and reliable user experience with the launch of VCB Digibank. The mobile app grew its user base by 50% YoY with an increase transaction volume of 50%.
Over its 13+ years of experience helping thousands of organisations successfully migrate to the cloud, Amazon Web Services (AWS) has observed eight business drivers that emerge as the most prevalent motivators for migration.
China Construction Bank achieved a sound financial performance in its retail business, with individual client assets under management (AUM) of $2.25 trillion at the end of 2021.
The bank partnered with Thought Machine’s Vault to launch a greenfield, cloud-native digital bank offering multiple retail products, leveraging a microservices-based architecture hosted on the cloud.
In the first in-person SIBOS since the outbreak of COVID, SWIFT members gathered in Amsterdam to discuss digital innovation and progressive finance in an environment of increasing uncertainty and risk.
Sustainable investments are increasingly seen by High Net Worth Individuals (HNWI) as delivering viable returns, according to the latest report by Lombard Odier
Financial inclusion goes beyond just having a bank account, said Emmanuel Daniel, founder and chairman of Wealth and Society, to Robert Rubinstein, chairman of TBLI Group. Daniel said governments also should promote financial literacy and facilitate access to digital assets.
Intergenerational differences feature in Single-Family Offices (SFOs) dominated by the older, more growth-driven generation; disparity in investment approach based on geography and SFO asset size also feature in Credit Suisse’s 2022 survey report of SFOs based on 116 responses from 50 countries
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