Exclusives
Credit card revenues threatened as Singaporean travellers shun usage
Card users turn to cash as they steer clear of lofty transaction fees and poor exchange rates.
Credit card revenues threatened as Singaporean travellers shun usage
Card users turn to cash as they steer clear of lofty transaction fees and poor exchange rates.
Tokyo is banking on foreign fintechs to reinvigorate its financial sector
Fintechs may tap into US$9.07t (¥984t) of individual cash sitting in banks, says the Tokyo Metropolitan Government.
Inside Hong Leong Bank's digitalisation journey
The lender has set aside as much as 20% of its FY19 operating expenses on tech.
Future Ready: How can banks build a checkmate-proof IT strategy in 2020?
Heavy investments in technology will mean nothing without investing in manpower, according to experts.
How KBZ Bank strides towards financial inclusion in Myanmar
They launched mobile wallet KBZPay, banking on the country's high smartphone penetration to improve financial connectivity.
How banks can win in a rapidly shifting global payments arena
Incumbents are building up capabilities and forging partnerships with former foes to stay competitive.
Singapore steps up efforts to boost FX ecosystem as Hong Kong closes in fast
Citi launched a pricing engine that cuts the time it takes to route a trade between Singapore to Tokyo.
How foreign fintechs will buoy Japan's banking sector
They might introduce new business models and solve overcapacity, says a former central bank deputy governor.
400 million wearables could be converted for smart payments push by 2022
Mastercard and Tappy are using token technology to allow payments using accessories.
How UnionBank is future-proofing its workforce against digital disruptions
In anticipation of the future of work, it launched UnionBank University about a decade ago to stay ahead.
How kakaobank successfully cracked the profitability code two years after rocket launch
In the first half of the year ended June 31, kakaobank hauled net income of KRW10b ($8.58m), booking net profit for the first time following a...
How GoBear expanded beyond financial comparison
It plans to enter partnerships to develop bespoke insurance solutions.
Malaysia's Islamic banks pull ahead of Indonesia in the digital curve
CIMB Group has pledged to invest $477m over the next five years to strengthen its digital platforms.
Banks rethink business models as fintechs play catch-up
To hold their ground against fintechs, banks are redefining themselves.
Incumbent lenders rethink business models in race against virtual banks
ZhongAn International, the company behind one of the city's virtual banks, weighs in on the opportunities and challenges ahead.
Hear the story behind DBS's digital transformation
Trevor Cheung, Managing Director of Ecosystems, Group Technology and Operations, will share the secrets to the bank's digital dominance.
Asian banks race against time to shake up payments scene
The rise of virtual banks is intensifying competition in an already crowded arena.
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Banks can respond by moving toward a hybrid advisory model.
Commentary
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