APAC

Brunei, Laos central banks formally join Regional Payment Connectivity Initiative

There are now a total of eight ASEAN central banks in the regional payment link.

Brunei, Laos central banks formally join Regional Payment Connectivity Initiative

There are now a total of eight ASEAN central banks in the regional payment link.

Embedded finance market to double in four years

The industry’s growth is seen to continue at least in the next four years, mainly due to the B2B market.

The Transformative Power of Finance for the People

At the end of the day, financial inclusion should not be a privilege, but a fundamental right.

Empathy deficit erodes customers’ trust in banks

Customers who feel valued are willing to spend more for banking products.

SMBC reels new managing executive officer and co-head for Asia Pacific

Katsufumi Uchida succeeds Yuichi Nishimura in this role.

APAC banks ready for Basel III

Transition is not expected to have a substantial impact on capital requirements.

Asia's Voluntary Carbon Markets Beyond the Storm: New Opportunities for Financial Services?

There is considerable potential that voluntary carbon credits can become an asset class in its own right.

Are ATM cash withdrawals making a comeback?

About 2 in 3 markets studied saw ATM withdrawals rise as inflation squeezes on income.

How have banks’ wealth management pivots played out?

There’s up to $25b in fees to be made in Asia, but it’s a tough market, an analyst said.

Citi names Marc Luet as Asia North & Australia Cluster and Banking Head

Luet replaces Angel Ng, who is retiring on 5 April after 26 years with the bank.

Game changer: Gen AI can transform how banks tackle regulation and risk

Banks are advised to prepare a catalog of prod ready gen AI services and solutions.

Bancassurance market to surge 8.4% in CAGR by 2028

Market dynamics are seen to impact the stakeholders' behaviours and pricing decisions in the sector.

StanChart's Maisie Chong on never saying no to seizing opportunities, paying it forward

Chong shares the joy of finding greater satisfaction and fulfilment through the course of work.

Number of fintechs in SEA to double by 2027

Singapore will have 867 fintechs for every 1 million people, UnaFinancial said.

Digital bank deposits to surpass $20t by end-2024

Convenience of remote banking has changed how people manage their money.

Citi names J.P. Morgan banker as head of banking, executive vice chair

Viswas Raghavan was CEO of J.P. Morgan in EMEA since 2017.

South Korea’s household loans rose by $4.8b in Q4

Loans extended by banks rose by $8.5b during the period.