APAC
SWIFT cites high cost of splintered financial world
SWIFT cites high cost of splintered financial world
Many digital payment platforms remain disconnected from each other.
3 days ago
BCG’s Tushar Agarwal emphasises that transformation relies on mobilising people and understanding their motivations
He highlights the importance of cultural context, workforce mobilisation, and data-driven strategies in financial sector innovation.
4 days ago
Standard Chartered names Yusuf Demiral as global head of WRB data, analytics, and AI
Demiral joins from HSBC.
4 days ago
Visa launches AI-powered commerce initiative
It is working with Ant Int’l, Grab, and Tencent to enable an AI-powered checkout experience.
6 days ago
Natixis CIB names Aurélia Vo Dinh as new APAC head of ASF
Vo Dinh brings 20 years of investment banking experience in her new role.
6 days ago
Gen Zers spur banking reinvention
Young consumers are changing financial norms and expectations.
PwC’s Wanyi Wong highlights the need for synergy in a converging fintech landscape
She emphasises the value of scalable, risk-aware solutions that bridge startups and traditional finance.
Fintech is now about embedded finance, platforms, and data monetisation – Bain & Co.’s Ben Clemens Balzer
He highlights how investor strategies, regulatory shifts, and digital ecosystems are reshaping the sector’s future.
APAC card payments markets to grow 4.3% to $24.7t in 2025
South Asia and SEA countries are skipping cards for mobile wallets, however.
Banking sector bucked trend with job posting increase in Q1
Companies such as JPMorgan Chase & Co, PNC Financial Services, and Visa drove hiring.
Franklin Templeton names new co-heads of Global Official Institutions Group
The new office will serve central banks and sovereign wealth funds globally.
Citi names Prashant Thakker as head of Asia South Corporate Bank
He has spent 18 years in Citi.
Airwallex raises US$300m in Series F funding
The company plans to use the funds to expand into Japan, Korea, the UAE, and Latin America.
SMBC names DBS MD as head of corporate banking for APAC
Joyce Tee brings three decades of experience working in the banking industry.
BofA sees 60% surge in QR sign-ups for CashPro platform
CashPro has surpassed 2 million users globally.
Banks miss $10t wealth opportunity by neglecting affluent women clients
Lack of women advisors and male-focused wealth servicing is hurting wealth managers’ long-term strategies.
Islamic finance assets to reach $7.5t by 2028
Bank accounts make up 70% of the total assets.
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1. Hang Seng unveils MTR Jordan Station Retail Banking Centre 2. HSBC, Allianz Life launch wealth growth and life protection plan in Malaysia 3. ANZ names Stephen White as group executive operations 4. OCBC, Ant Int’t to deliver embedded financial services to Indonesian SMEs 5. Citi nabs BofA banker to lead Chinese banking operationsResource Center
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He highlights the importance of cultural context, workforce mobilisation, and data-driven strategies in financial sector innovation.
Commentary
Young Malaysians, big money mistakes: What’s going wrong with Islamic financial behaviour?