APAC

BNPL, digital wallets accelerates growth of e-commerce fraud: study

Global e-commerce fraud will exceed $48b in 2023, and 22% will be from Asia.

Does the future of banking lie in the metaverse?

Virtual reality may be the answer to more digitally optimized financial services that does not sacrifice personalisation.

Citi TTS to launch 24/7 USD clearing service in Q4

Clients can make USD payments globally 24/7, even during holidays.

Standard Chartered unveils digital trade portal Trade Track-It

Customers can track vessels and check sustainability compliance.

Citi appoints Anand Sairam as CFO for APAC

He has been a part of Citi’s finance team for 8 years.

60 largest banks need $210.2b to cover future fossil fuel losses: Finance Watch

Basel’s current framework encourages continued build up of risk, the nonprofit warned.

SmartStream Air is honoured with the Red Dot Award - for design excellence of a Finance Application

SmartStream, the financial Transaction Lifecycle Management (TLM®) solutions provider, has received a Red Dot Design Award, the most prestigious international symbol of quality in design for its SmartStream Air solution – the pure AI cloud-native application for financial reconciliations.

MUFG names Angus St. John as head of financial sponsor coverage in APAC

St. John has over 25 years of experience in the financial services industry.

Regulators are the key to manage APAC banks rising cyber risks: S&P Global

The analyst said data breaches could prove crippling for individual banks.

Standard Chartered, Taulia ink MOU to offer supply chain finance solutions

Both parties will offer supply chain finance and dynamic discounting solutions.

APAC banking markets to tighten macroprudential policies in 2023: Fitch

Malaysia and Thailand will take steps to strengthen their mortgage sectors, said Fitch.

Citi Bangladesh completes pilot paperless trade finance transaction in TradeLens

The process resulted in a 10-day reduction of document processing time.

APAC banks won’t be severely hit once Basel III regime implemented: Fitch

Jurisdictions such as Vietnam, Sri Lanka, are lagging behind with adoption.

Rising interest rates births more challenges for Asia's digital banks

Few manage to break even, and those that do are back by conglomerates.