On Day 3 of the Banking Academy Beijing AI Innovation Study Tour 2024, delegates explored a combination of AI-powered wealth management, risk solutions, and cutting-edge digital transformation in finance. The visits included three leading institutions: CITIC Financial Holdings, Tongdun Technologies (TrustDecision), and Bank of Beijing.

On Day 2 of The Banking Academy Beijing AI Innovation Study Tour 2024, delegates explored how artificial intelligence (AI), digital transformation, and investment in technology are influencing various sectors in China. The institutions visited—AIBank and China Asset Management Company (ChinaAMC)—presented diverse perspectives on the impact of AI on the future of finance, transportation, and investments in the region.

Day 1 of The Banking Academy Beijing AI Innovation Study Tour 2024 provided delegates with an in-depth view of China’s advances in fintech, platform development, and financial regulation, focusing specifically on the achievements and strategies of four leading institutions: Alibaba Cloud, Ant Group Research Institute, Institute of Digital Finance at Peking University, and China Construction Bank (CCB). The discussions throughout the day highlighted how technology, finance, and regulatory policies are converging to shape China's financial services sector.

The new global language for financial communications is very much a work in progress. Nancy So of Deutsche Bank assesses how banks across the region measure up

In a conversation with Emmanuel Daniel, Moorad Choudhry stressed the need to simplify global banking regulations, particularly those from Basel, to better align with modern liquidity management and faster financial transactions.

Rehan Ahmed, CEO of Marketnode, is driving the transformation of capital markets using blockchain technology, with a focus on overcoming regulatory challenges, streamlining cross-border payments, and unlocking new investment opportunities through tokenisation.

Leaders and regulators in the Philippine banking and finance industry convened at Finance Philippines 2024 held on 26 September to discuss the vital role of digital transformation in driving financial growth and inclusion.

At The Asian Banker Finance Indonesia 2024, co-hosted with PERBANAS, Indonesian financial leaders outlined the ambitious Vision 2045. Dr. Adi Budiarso from the Ministry of Finance highlighted financial sector deepening across banking, insurance, and pensions, while Dr. M. Zulkifli Salim from OJK introduced resilience guidelines. The Nusantara Financial Centre, tied to Indonesia’s new capital, is key to regional financial integration.

As financial institutions in North Asia, covering Greater China, Japan and South Korea, confront demographic and economic challenges, they are leveraging advanced technologies such as AI, cloud computing, and a focus on operational resilience to stay ahead. Insights from the Temenos Regional Forum North Asia 2024 shed light on the strategies being adopted to ensure long-term success in an evolving global landscape.

Bank of China (Hong Kong) (BOCHK) is elevating its wealth management services by capitalising on diverse financial opportunities and providing bespoke family-oriented financial planning. In response to growing demand from affluent Chinese investors, the bank has expanded its offerings, consolidating its presence across the Greater Bay Area and Southeast Asia.

As the leader in the mortgage market with innovative digital solutions and expanded services, BOCHK grew its portfolio by 7.4% in 2023, despite market challenges, and maintained its top position in new residential mortgage loans.

The Finance Malaysia Leadership Dialogue 2024 provided a platform for senior executives from Malaysia’s financial institutions to engage in in-depth discussions on the future of the country's financial sector. The conversations focused on key themes such as the role of digital banking in promoting financial inclusion, the ongoing competition between traditional and digital banks, and the importance of operational resilience in an increasingly digital world.

CUB headlines the climate change imperatives in sustainable finance, driving green initiatives and net-zero targets aligned with global standards

Jennifer Barker, global head of treasury services and depositary receipts at BNY, discussed the rapid evolution of cross-border payments in Asia Pacific, the impact of blockchain on FX transactions, and the pressing challenges in payment security. With BNY’s extensive history and presence serving financial institutions across the region, Barker provided a deep dive into the bank’s strategic innovations and its role in shaping the future of financial services across Asia.

Barani Sundaram, CTO of East West Bank, explained how the bank is modernising its core systems to improve customer service and operational efficiency, with the goal of becoming a leading consumer bank in the Philippines.