APAC
Make sure you don’t miss the 2024 Asian Banking & Finance Forum and Insurance Asia Forum in Ho Chi Minh
Learn innovative ideas that are shaping the future of the banking & finance and insurance industries, from the region’s top leaders and executives.
APAC consumers to spend more for travel, dining out in 2024: Mastercard
Consumers are expected to allocate a larger share of their wallets to discretionary spending.
Traditional finance and crypto can work hand-in-hand, says DigiFT CEO
DigiFTs CEO Henry Zhang advocates growth through collaborative innovation, risk management, and regulatory compliance in finance.
JCB contactless payments now available in the UK
In 2024, JCB plans to enable contactless payments in the remaining 80% of UK Worldpay terminals.
Corporate bonds, liquid assets key to investment wins in 2024: Standard Chartered
The expected US recession next year will significantly impact how bonds perform.
APAC M&A down 18.8% 11M’23
The region saw a total of 13,151 deals in the eleven months to November.
JCB pilots central bank digital currency payment solution
The pilot aims to enable transfer of CBDC offline, and without the need to change POS terminals.
How banks can ensure customer safety in Gen AI adoption
Gen AI is expected to add up to US$340b in new value to banks. But obtaining a slice of this will not be an easy process.
Alipay+ daily transactions up 70% in H2
Partner wallets saw daily transaction volumes increased three-fold.
Alipay+ launches year-end sustainable travel campaign in Asia
Travelers will be rewarded for bringing their own toothbrushes, amongst others.
Asian Banking & Finance Forum 2024 returns to Bangkok on April 17
The forum will also be held in Ho Chi Minh, Jakarta, Kuala Lumpur, and Manila.
Unlocking the potential of sustainable lending in Asia
Aligning lending practices with rising sustainability expectations is gaining traction in Asia, but accelerating the green transition will require open and collaborative data ecosystems.
APAC emerging banks’ profits to benefit from higher rates in 2024
Expect some minor asset-quality deterioration, however.
Saxo CEO stresses digital wealth’s key role in investment access
The wealthtech industry is expected to skyrocket its ‘onshore’ PFA of around $81t (SG$108.27t/HK$632.82t) by 2027, driven by Singapore and Hong Kong markets.
Arthur D. Little sees embedded finance growth to $350b in 2024
Generative AI and the expansion of fintech brands into the insurance sector are predicted to propel the industry’s advancement to new heights.
Gen AI to add up to $340b new value to banks: McKinsey
It will add $56b and $54b in new value to corporate and retail banking, respectively.
Commentary
Southeast Asia’s digital banks – the road from good to great
Reshaping fraud detection in Asian finance with knowledge graphs
Why is willful default a growing threat to Bangladesh’s financial stability?
Mobile Wallets are Southeast Asia’s Pathway to Financial Inclusion