APAC
Need for instant fulfillment fuels incumbent banks’ speedy digital transformation
Expect more digital banking features to be rolled out and possibly even the rise of megabanks amidst an increasingly digital-savvy banking and finance sector that seeks instant fulfillment, senior executives of three of Asia’s top banks told attendees of ABF Summit 2022 Day 1 closing panel moderated by Andrew Gilder, Asia-Pacific Banking and Capital Markets Leader; Global Corporate, Commercial and SME (CCSB) Banking Consulting Leader, EY.
Need for instant fulfillment fuels incumbent banks’ speedy digital transformation
Expect more digital banking features to be rolled out and possibly even the rise of megabanks amidst an increasingly digital-savvy banking and finance sector that seeks instant fulfillment, senior executives of three of Asia’s top banks told attendees of ABF Summit 2022 Day 1 closing panel moderated by Andrew Gilder, Asia-Pacific Banking and Capital Markets Leader; Global Corporate, Commercial and SME (CCSB) Banking Consulting Leader, EY.
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Indonesia’s BCA and StanChart Taiwan also topped the list.
ESG, Sustainability, AI, and NFTs discussed at ABF Summit 2022
Financial service institutions are hurtling towards a new frontier in the financial industry, navigating drastic changes in regulations and customer demand, new sustainability-related risks, and intensifying competition.
The end-game for insurers in the scramble for digitalisation
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BCG, ServiceNow, Collinson & HomeCredit on why lenders have zoned in on monitoring technology, loyalty as key to future of industry
Technology is very much one if not the most influential factor rapidly transforming the financial services industry, with decentralized finance and buy now pay later being key focus areas, according to the analysts and market leaders taking part in the first panel of the Asian Banking & Finance Summit 2022.
Banks’ tech risks intensifies as digitization ramps up: Fitch
Tech failures will have significant reputational and regulatory consequences for banks.
SMEs embrace flexible payments as consumers seek digital options
This is accompanied by the rise of biometrics to safeguard accounts.
St. James Place’s Eight Wealth Int’l names head of tax and estate planning
Kelly Greig will offer tailored advice and services to affluent clients in Asia.
Citi names new Asia cluster heads
Singapore Citi Country Officer Gupte is now head of South Asia & ASEAN.
BigPay unveils cash pickup for remittances to the Philippines, Indonesia
It boasts over 14,000 pickup locations across the two countries.
UBS, Credit Suisse’s wealth ambitions in Asia besieged by deleveraging
Both banks posted dismal wealth results in Q1.
Will your next wealth relationship manager be a machine?
Technology-based investment solutions can crunch numbers faster than any human, are less prone to emotion-driven decisions and they never sleep. And in many cases, they don’t charge as much as their human competition.
Online card and wallet acquiring now available in Spring by Citi platform
Spring by Citi integrates online payment methods with back-office treasury management systems.
Alternative payments dominate Asia as credit card use dwindles
BNPL may not be the plastic killer everyone touts it to be, but it's attracting underserved customers.
Citi joins the Alliance for Green Commercial Banks in Asia
HKMA and the IFC jointly launched the Asia chapter of the alliance in 2020.
HSBC names Jeffrey Yap as head of investments and wealth solutions for SEA
Yap has served as interim head since November last year.
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Why Philippine banks, insurers embrace hyper-personalized services
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Industry experts push for the rapid progress of unified customer data as a starting point.
Industry experts push for the rapid progress of unified customer data as a starting point.
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