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.

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.