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Kiosks, hybrid approach key to financial inclusion: BDO
Kiosks, hybrid approach key to financial inclusion: BDO
BDO has introduced self-service kiosks and universal machines to entice unbanked customers.
Companies urged to implement AI with focused use cases
Careful assessment and governance is the key.
Security Bank boosts women in tech through mentorship
Gender diversity in tech is on the rise.
Finance sector marketing budgets under pressure in 2024 amidst disruptions
Marketing expert tells three strategic approaches for turbulent times.
Mongolian banks enjoy improved governance and asset quality
The listing of D-SIBS in 2022 has improved disclosure and asset quality.
Hang Seng has approved $60m of SME loans with HKMA’s account data sharing model
Customers can authorize Hang Seng to directly retrieve info and data from other participating banks.
Asian businesses brace for stricter lending standards— survey
Over half of respondents said that lending standards will become more restrictive.
China’s investment banking fees drop 25% in 9M 2024
ECM underwriting fees, M&A advisory fees, and syndicated lending fees all registered declines.
QR codes and low costs drive mobile wallet adoption in APAC
Even cash focused countries like the Philippines, Thailand, and Malaysia saw a high level of adoption.
India’s credit and charge card payments market to grow 15.5% in 2024
Credit and charge cards accounted for 75.7% of total card payment value in 2023.
Alipay+ sees overseas use of payment partner apps triple in 9M 2024
Spending for F&B, attractions, and transportation recorded double-digit increases.
Bank of Singapore winds down Luxembourg operations
It has pivoted its focus on deepening its UK presence and has named a new general manager.
Hong Kong Fintech Week 2024 kicks off on 28 October
InvestHK expects to draw about 30,000 attendees from 100 economies across the globe.
7 in 10 consumers use ‘financial gymnastics’ to maximise rewards
Credit cards remain to be the top choice, with 47% saying that this drives their usage decisions.
Taiwanese banks extend more loans in August
The average NPL ratio remained the same as the month prior.
More digital banks make a profit, but still face higher credit risks
As they grow, they shouldn’t rely on their parent companies to back them up.
Flooding impact on Thai banks ‘manageable’
Only a small number of branches have been affected.
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