In Focus
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.
1 day ago
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.
1 day ago
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.
4 days ago
Real-time cross border payments edges closer to reality with ISO 20022
ISO 20022 is set to become the universal language of payments.
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.
Buy now, pay later gains traction in Asia
BNPL brand Afterpay served 20 million customers in Australia alone.
Why the universal banking model is no longer sustainable
Changing customer attitudes and lowered barriers to entry has transformed how banks’ fortunes are made.
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.
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.
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.
APAC banks to have steady financial performance in 2023: Fitch
Sri Lanka will deteriorate; Singapore’s profits may rise to higher than pre-pandemic.
How GCash cornered the Philippines' ‘sachet’ economy
The app has over 66 million users in a country of more than 111 million.
Why a hybrid platform is the answer to banks’ digital advisory woes
Customers seek confidence and clarity from financial advisers.
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.
Tokenised assets, stable coins central to Singapore’s crypto hub ambitions
Collaboration is key to achieving finance goals, says MAS’ Ravi Menon.
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.
Vietnam’s card payments market to hit $37.6b in 2022
The government’s cashless payments push is helping the market.
Fintech funding slows as COVID-driven digital hype fades
Valuations of technology stocks, both public and private, are down 60%, analysts said.
Commentary
Role of the financial sector towards achieving sustainable development goals in Bangladesh
The Rapid Evolution of Digital Banking
Economic lifeline: The coming together of FinTech leaders in driving growth amid crisis
Steering a bank through geopolitical rapids