Bank Indonesia launched the country’s 2025 Payment System Blueprint to navigate the role of the payment system industry in the era of digital economy and finance. The blueprint contains five payment system visions implemented by five working groups: open banking, retail payment systems, financial market infrastructure, data and digitalisation, as well as regulatory, licensing, and supervisory.
Hong Kong Monetary Authority continues to bolster the territory’s position as a leader in green and sustainable finance. In December 2020, co-chaired by the Authority and Securities & Futures Commission, it published a long-term strategic plan with action points which aim to coordinate the management of climate and environmental risks, accelerate the growth of green and sustainable finance and support the government’s climate strategies.
Tan Sri Abdul Farid Alias has made a lasting contribution to the reorganisation and consolidation of Maybank as the largest financial services group in Malaysia, and one of the biggest banking groups in Southeast Asia, as well as left an indelible mark on the advancement of the Malaysian banking and financial services industry.
Industry veteran, stalwart and recently retired CEO of Maybank Abdul Farid Alias was honoured for his career achievements and contributions to the financial industry at The Asian Banker Leadership Achievement Awards 2022.
More than a third of the 31,000 cryptocurrencies have disappeared from marketplaces, with many more recording large losses in valuation, despite the increase in interest and use by the general public, as well as regulations that are slowly becoming more accepting of digital assets.
Martha Sazon, president and CEO of Mynt/GCash, discussed the rapid growth of the fintech company, how being cloud native helped it become profitable ahead of time and how it will facilitate a more sustainable future.
Emirates NBD’s improved sales and customer experience strengthened its retail banking performance.
Temenos’ product director, Cormac Flanagan and chief marketing officer, Martin Häring, discussed the industry’s path towards core banking modernisation and how it is leveraging the cloud and SaaS solutions to help banks transform and innovate.
TPBank has developed digital ecosystems in collaboration with fintech and tech startups to have a better customer engagement and experience. The bank built an ecosystem of banking and non-banking services to address customer needs. These products and services were provided through a combination of physical and virtual channels, as well as third-party platforms.
One of Vietnam’s largest commercial banks, Techcombank launched its host-to-host payment integration in February 2021. The implementation allows clients to transact payments in an end-to-end straight-through processing cycle.
The future of cross-border transactions took centre stage on the SWIFT programme at SIBOS 2022. Here are its top 10 takeaways.
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