APAC
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.
                
                                
            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.
                    
                                        
                    
                Citi completes proof of concept on tokenization of private funds
                                                                                                 
                        
                        It found new functionalities that could lower barrier-to-entry, Citi said.
                    
                                        
                    
                MUFG appoints Wael Al Sharif as head of GCIB for MENA
                                                                                                 
                        
                        He will be responsible for overall management and development of the business.
                    
                                        
                    
                APAC banks face mounting credit losses from property exposure
                                                                                                 
                        
                        Credit losses could rise 7% to $490b in 2023, S&P Global Ratings projected.
                    
                                        
                    
                SMBC appoints ex-Credit Suisse China CEO as new APAC managing director
                                                                                                 
                        
                        Carsten Stoehr will join SMBC on 19 February after 25 years in Credit Suisse.
                    
                                        
                    
                ASEAN banks show impressive uptime performance in 2023 – Brankas
                                                                                                 
                        
                        The report calls for better customer awareness of disruption and recommends institutions to keep at least a 99% uptime.
                    
                                        
                    
                SMBC subsidiary establishes aircraft financing, leasing platform
                                                                                                 
                        
                        The investment is targeted at US$1.5b for a three-year period.
                    
                                        
                    
                Mastercard's Matthew Driver on how AI can boost loyalty programs, regulatory compliance
                                                                                                 
                        
                        Organisations must realize that not everything is black and white and adjust accordingly.
                    
                                        
                    
                Alipay+ teams up with Pakistan’s NayaPay
                                                                                                 
                        
                        NayaPay customers can now accept payments from Alipay+’s 25 global payment partners.
                    
                                        
                    
                38% of financial institutions attain full-stack observability
                                                                                                 
                        
                        There is an urgent need for traditional FSI and insurance companies to digitally transform due to increased competition and consumer expectations for digital access to services.
                    
                                        
                    
                Banks urged to exit low-return businesses to clinch $7t value: analysts
                                                                                                 
                        
                        They must also simplify business models and embrace their “tech” identity. 
                    
                                        
                    
                Navigating the Fintech Frontier: Key Trends Shaping 2024
                                                                                                 
                        
                        As financial networks look to become increasingly interconnected within and cross borders, the imperative to ensure their seamless and stable operation grows more vital, says Penny Chai, VP of Business Development, APAC at Sumsub.
                    
                                        
                    
                Mastercard on why biometrics is the future of secure payments
                                                                                                 
                        
                        Today it’s a finger tap, tomorrow you may only need your face to pay, says Mastercard’s Karthik Ramanathan.