APAC

Electronic invoice (e-invoicing) is a system to digitize qualified invoices that are mandatory for the deduction of purchase tax under Japan’s qualified invoice system. This system is intended to provide an appropriate consumption tax credit for purchases in response to the multiple tax rates for a consumption tax in 2019, and is scheduled to be introduced in October 2023. 

It is their 15th market to be active in.

Luthria first joined the bank in 2012.

One NBFI failure is enough to trigger a domino effect and collapse a whole market.

It identifies possible problems in the future payment based on previous data from 9 billion transactions.

It made use of the GRI Standards.

Digital sales rose to a new record, but could not offset fall in branch sales.

There is no denying the recent volatility of the real estate market. During the pandemic, US lenders saw record numbers of mortgage applications driven by the low cost of borrowing, while record-low interest rates fuelled a rise in housing prices across Asia-Pacific. Now, in mid-2022, rising interest rates are cooling real estate markets as consumers rush to refinance into the best deal they can find for their mortgage. Regardless of the ebbs and flows of the markets, lenders are sharpening their tools as competition increases. The mortgage industry has been adopting technology to streamline the process of getting a loan, with the goal of making the consumer experience smoother and faster. 

Majority of investments flowed to fixed income funds and hedge funds.

Through its remarkable services, Bank SinoPac continues to provide a comprehensive financial ecosystem for its customers.

Jonathan Tanner, Senior Director, Industry Principal Financial Services & Insurance APJ, Pega

A total of 45 winners were awarded for their outstanding performance.

Customers increasingly seek a single app that can meet all their financial–and even non-financial–needs. 

As the role of the relationship manager evolves, banks must build the right digital platform in order to meet clients’ expectations.

The largest BNPL providers have doubled their delinquency rates over the past few quarters.

Credit losses will surpass $400b for 2022 and 2023, respectively.