In Focus

Real-time cross border payments edges closer to reality with ISO 20022

ISO 20022 is set to become the universal language of payments.

In Focus

Real-time cross border payments edges closer to reality with ISO 20022

ISO 20022 is set to become the universal language of payments.

In Focus

Banks must amp up management of nature risks in net zero policies: WWF

Science-based decarbonisation targets must be set to improve their energy sector portfolios.

In Focus

Buy now, pay later gains traction in Asia

BNPL brand Afterpay served 20 million customers in Australia alone.

In Focus

Why the universal banking model is no longer sustainable

Changing customer attitudes and lowered barriers to entry has transformed how banks’ fortunes are made.

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Foreign banks in China face growth challenges in 2023: Fitch

Their share of system assets in 2021 is just 1.4%, with only a 0.5% growth.

In Focus

9 in 10 finance professionals say open banking is a key part of a bank’s landscape

More than half said it’s now a “must-have” for banks.

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For French fintechs, Asia is a land of opportunities and learning

Compared to Europe, fintechs in Asia have struck a balance with banks, says Bpifrance Deputy CEO Arnaud Caudoux.

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APAC banks to have steady financial performance in 2023: Fitch

Sri Lanka will deteriorate; Singapore’s profits may rise to higher than pre-pandemic.

In Focus

How GCash cornered the Philippines' ‘sachet’ economy

The app has over 66 million users in a country of more than 111 million.

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Why a hybrid platform is the answer to banks’ digital advisory woes

Customers seek confidence and clarity from financial advisers.

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Interest rates will be Singapore banks’ boon and bane through 2023: analyst

It’ll benefit them over the next three quarters, but asset quality may deteriorate after.

In Focus

Tokenised assets, stable coins central to Singapore’s crypto hub ambitions

Collaboration is key to achieving finance goals, says MAS’ Ravi Menon.

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The new brand of personalisation that’s shaping Citi’s digital banking journey

Customers want options, but curate it–don’t just offer it, says Citibank’s Nilesh Kumar.

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Vietnam’s card payments market to hit $37.6b in 2022

The government’s cashless payments push is helping the market.

In Focus

Fintech funding slows as COVID-driven digital hype fades

Valuations of technology stocks, both public and private, are down 60%, analysts said.

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Does the future of banking lie in the metaverse?

Virtual reality may be the answer to more digitally optimized financial services that does not sacrifice personalisation.

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ANEXT Bank’s Toh Su Mei on how to stay ahead of SMEs needs

The CEO of Singapore’s newest digital bank talks about why banks find it challenging to meet the SMEs needs, and why digital banks are the answer.

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