All the top 10 most efficient banks in Asia Pacific are from China. Bank of Shanghai is the most efficient in the region, followed closely by Bank of Tianjing and, Bank of Beijing.
CEOs and leaders in the banking industry discussed the impact of emerging technologies and innovations on financial service including the development of new decentralised operating models and Web 3.0, the third generation of the internet.
Bitcoin prices dropped sharply on 3 December, by about 20%, which once again raised the issue of the digital asset's volatility. However, the cryptocurrency has historically been through large price fluctuations caused by market value corrections.
Industry practitioners and experts discuss the critical role financial services play in meeting the needs of both customers and the community, and their preparation for black swan events as the industry moves its innovation from theory to execution
Manish Tibrewal, CEO of Singapore-based wealth manager Maitri Asset Management, discussed the ever-expanding wealth management industry landscape that represents a waterfall of opportunities for every advisor and their high-net-worth clients. He talked about how sustainability is critical to attracting investor capital regardless of sector and how the next generation is driving this change.
Mobile-based payment platform OPay has grown exponentially since its launch in 2018, penetrating the unbanked and underbanked population in Nigeria. It allows users to send and receive money, pay bills, and order food and groceries, with a network of thousands of agents.
Steve Hardgrave, CEO of India-based Varthana, shares how his educational social enterprise is supporting low-cost private schools in India to offer quality education through timely loans and financial support
The total capitalisation of digital assets surged three-fold in 2021, with strong evidence that the momentum is likely to continue into the new year. DeFi users are expected to continue their exponential growth over the next 12 months, with more institutional investors moving into the space, combined with greater clarity over regulators’ stance in the large economies such as China and the US. What challenges and uncertainties could lie ahead to derail the upbeat outlook?
DBS experienced outages to its online banking services from 23 to 24 November, the second extensive disruption to its digital services in over a decade and the worst it has seen since 2010. The Monetary Authority of Singapore said it will consider taking supervisory action.
Grab's listing fulfils a key milestone for the platform’s early investors. However, a 12% drop in market value on its first trading day resembles Paytm’s trading debut, putting doubt on an industry that has seen an inflow of increasingly high levels of investment capital.
Kept by Krungsri application is built with cutting-edge technology on the new digital core banking platform.
Al Rajhi Bank and National Bank of Egypt have emerged as the strongest bank in the Middle East and Africa respectively. Across the region, the average ROA of banks fell to 0.9% in 2020 from 1.6% in the year earlier, while their capitalisation remained robust
New digital financial infrastructure, new regional free trade agreements, and decisive leadership in the emerging sustainability and green agenda bode well for international RMB adoption.
Ravi Menon, managing director of the Monetary Authority of Singapore speaks during the Singapore FinTech Festival 2021 on the future of money, finance and the internet.
The push for climate change considerations puts pressure on financial services companies to develop and use advanced technologies such as blockchain that promises improved governance.
There are no comments. Be the first to comment!
Please try again with a different keyword.
Get data-driven analysis, expert insights, and actionable recommendations — all in one downloadable PDF.
Please wait...