The US House of Representatives’ Financial Services Committee has called for a halt to Facebook's cryptocurrency-based digital wallet citing serious concerns over privacy, trading, national security, and monetary policy issues.

Big four banks to tidy up various messes coming from renewed pressure from regulators

Several promising distributed ledger technology (DLT) based use cases emerged in the financial services recently but there still remains multiple hurdles to be crossed before the technology can scale to mainstream use and bring real value

In an interview with Rajiv Chandna, Grab Financial Group’s head of growth, business development and strategy, The Asian Banker delves into the financial service provider’s cooperation with banks, its partnership approach and what is in the pipeline for 2019.

In a straightforward interview with The Asian Banker, Adnan Chilwan shares his views on digitalisation and its impact on banking and talks about what drives him to continuously move forward.

With the seemingly accelerating adoption of e-wallets, GCash, PayMaya and Grab vie for a large piece of the e-wallet pie but must first confront issues involving cash-in, activation and economic sustainability to stay in the business.

As fintechs and big technology players are increasingly developing their platforms and apps, the financial services industry is in serious need of developing their technologies or collaborating in order to keep up with their disruptors

Australian households are struggling with the record amount of outstanding debt, and the sliding housing market fuels concerns over shrinking economic growth in the country. In addition, the rapid build-up of household debt in China continues to attract attention

Joey Kim, founder and CEO of PeopleFund, reveals South Korea’s current lending market and how they disrupted the status quo with their unique business model

Indonesia is seeing exponential growth in mobile payments spurred by a robust fintech landscape, though usage remains uneven and limited

While fintechs may take some market share away in specific niches, the partnerships, analytics, and value-add that leading banks are developing can keep head of the game. Banks that fail to keep up could lose a significant share of their SME business

A wave of global megatrends is creating a tailwind of opportunities for businesses and individuals willing to transform their approach and adapt solutions around rapidly changing customer needs

Westpac chief development officer Macgregor Duncan spoke about the importance of partnerships in driving innovation

Impact investment funds are set up to make a positive environmental, social or governance impact while returning a profit for investors. Before investing in an impact fund, investors should follow a process of due diligence, make sure its people-centred and fully understand the governance structure of the fund.

Global trade is undergoing significant change. The increasing trend of anti-globalisation – and, in particular, the burgeoning US-China trade war – is challenging the established, interwoven ecosystem of world trade, potentially impacting access to US markets and posing a threat to Asian export volumes. Yet, Asian trade remains robust.