APAC

Banks must expand net zero targets, set clearer O&G goals: org

Japan, SoKor have yet to set medium and long-term targets aligned with a 1.5°C scenario.

Banks must expand net zero targets, set clearer O&G goals: org

Japan, SoKor have yet to set medium and long-term targets aligned with a 1.5°C scenario.

Asia Pacific drives 54% of bancassurance market growth

The market is seen to expand by 6.74% this year.

Visa enables use of cards to pay in Cebu, Mandaue modern jeepneys

Commuters visiting the two Philippine cities can pay with their Visa cards in 140 modern jeepneys.

Regulators' push to curb tech outages may boost bank expenses by 20%

Banks in South and Southeast Asia must enhance tech systems or face firmer penalties.

SMBC names Atul Bhuchar as APAC head of transaction banking product

Bhuchar joins from Partior, a JV by Temasek, DBS, JP Morgan and StanChart.

Millennials, Gen Z embrace investing earlier than older gen

Financial security and family support are their top goals in investing.

Geopolitics, elections to take APAC banks in a “bumpy ride” in H2

Financial institutions are overall well-buffed against risks.

Demand for cross-border payments rises as int’l payments scale

The share of people using int’l real-time payments is rising.

StanChart beefs up leadership of trade and transaction banking teams

SC appointed new banking heads based in Singapore and Germany.

Citi’s wealth unit selling its trust business: report

The bank has been on a selling spree since 2022.

Fintech investments in APAC drop 19% to $3.7b in H1

All regions globally recorded a decline in fintech investments.

PT Bank Tabungan Negara (Persero) Tbk leads in technology and operations at ABF Wholesale Banking Awards 2024

BTN's strategic IT advancements and operational efficiencies secure top honours, affirming its role as a pioneer in the Indonesian banking industry.

Liew Nam Soon delves into digital strategies and their impact on customers

He discussed the five sector-specific developments that financial services organisations across Asia-Pacific need to manage to be successful.

APAC boasts highest digital wallet spending in the world

China, Japan, and Singapore are frontrunners in digital wallet adoption.

The Importance of Digital Identity Management in the Finance Industry

Having a reliable and secure way to confirm the identity of customers has become crucial for financial institutions. 

Thailand and Japan renew bilateral swap agreement.

The size of the BSA remains at $3b or its equivalent in yen.