In Focus
Did digital banks fail to disrupt?
Most became niche players, yet served their regulatory purpose, said McKinsey associate partner Hernán Gerson.
Banks lagging behind net zero energy goals
Only 7% of energy-related financing extended by banks between 2016 to 2022 went to green energy projects.
US banking fallout has little impact on APAC banks, but contagion risks linger
The evolving situation means that problems from secondary effects may rise in the near future.
How Asian banks can retain their cross-border dominance
The emergence of fintechs is whittling down their dominance.
Singapore's MAS: banking system sound amidst US bank failures
MAS said that its local banks have “insignificant exposures” to the failed banks.
UOB’s Jacquelyn Tan on triumphing over expectations, biases to succeed in the banking industry
Tan shares how she leads 7,000 people across the region and her thoughts on women in banking.
Banks offer flexiwork, mentor programmes to uplift women’s careers
This International Women’s Day, we spoke with Singapore’s big three banks on how they are helping close the gender gap in their workforces.
WealthTechs win by managing wealth and not the wealthy
WealthTechs are breaking down barriers to entry by fractionalising costs of assets, analysts said.
Revised capital rules a positive for Chinese banks’ operating environment
It is expected to have minimal impact on local banks’ capital position.
Cards maintain dominance in Hong Kong's payment landscape
Over nine in 10 consumers use cards as their payment method.
AI adoption in banking not a race but a question of trust: HSBC exec
AI achievers enjoyed 50% greater revenue growth on average, according to Accenture.
How digital mortgages will overhaul traditional banking models
Traditional banks will have to overhaul their branch-based models to appeal to modern homebuyers.
Asia's wealth managers faced with potential $25m revenue boost
Rising income will push the affluent and mass affluent segments’ wealth pool to $4.7t.
Singapore named one of top countries with most fintech unicorns
The Lion City ranked ninth and named amongst the world’s fintech capitals.
Better rates, lower fees not enough for digital banks to make a profit: analyst
Those who can tap into their parents’ customer base have the best chance of success.
Less than 10% of global energy financing went to renewables: study
Of the $2.5t funneled to energy firms, only $178b were for clean energy activities, the report said.
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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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