KPMG

KPMG firms operate in 145 countries and territories, and in FY21, collectively employed more than 236,000 people, serving the needs of business, governments, public-sector agencies, not-for-profits and through KPMG firms' audit and assurance practices, the capital markets.

Principled AI key to transformation of financial services

Companies must be transparent and fair to maintain trust and mitigate reputational risks.
in 27 days

Principled AI key to transformation of financial services

Companies must be transparent and fair to maintain trust and mitigate reputational risks.
in 27 days

Companies urged to implement AI with focused use cases

Careful assessment and governance is the key.

Funding freeze hits BNPLs

Investors are putting less cash towards BNPL providers, who already grapple with thin margins.

Is the BNPL market really booming?

BNPL faces consolidation due to rising rates, while growth continues in emerging markets.

Chinese banks must move from size reliance to sustain profits

Most struggle to diversify their income sources as they seek short-term growth.  

Early-stage deals shine in Singapore’s fintech space amidst ‘cautious’ investors’

There were 52 early-stage deals in Sinagpore in H1 versus just 25 later-stage deals.

Fintech investments in APAC drop 19% to $3.7b in H1

All regions globally recorded a decline in fintech investments.

Hong Kong banks face mixed outlook with expected rate cuts in 2024

Credit risk management will be a key concern for banks amidst fluctuating interest rates.

India's urban e-commerce thriving amidst economic challenges: report

Pandemic-induced restrictions accelerated the adoption of e-commerce.

APAC fintech investment declines, AI funding soars

AI emerges as a leading sector for venture capital, while traditional fintech areas in Asia see reduced funding.

How experts see the digital battleground of banks, payment firms

Industry leaders gather at 2023 Asian Banking and Finance Forum in Kuala Lumpur to discuss digital disruption, financial inclusion, and future trends.

WealthTechs win by managing wealth and not the wealthy

WealthTechs are breaking down barriers to entry by fractionalising costs of assets, analysts said.

BNPL platforms risk losing trust by ignoring SFA Code of Conduct

Under the Code of Conduct, BNPL providers need to show customers their ‘Trustmark’.

BNPL regulations toughen debt prevention and financial literacy in APAC

The Philippines, Vietnam, and Indonesia are more vulnerable to the risks of credit products, Euromonitor International reported.

Singapore’s fintech funding hit three-year high for an H1 period, but fizzles from H2 2021

The funding was the highest for a first-half period since 2019, but 15% lower than in H2 2021

KPMG launches embedded finance hub in Singapore

It will run for 2 years and provide incubation support to institutions.

How Singapore survived the global fintech funding fall

In Q2, the country's global market share by deal value jumped to 6.4%.