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Insurers told tech alone won’t solve rising complexity in Indonesia
Insurers told tech alone won’t solve rising complexity in Indonesia
Indonesia’s insurance penetration remains low at 2.72% despite rapid AI adoption.
Indonesian banks pursue SMEs, emerging affluent in fintech battle
Financial institutions are bracing for the ‘invisible banking' era.
Why channel reliability trumps promotions in Indonesia's bank loyalty war
Consumers don't want e-channels that are constantly down or lags.
OCBC and Australian High Commission sign 5-year pact to boost SEA–Australia trade
OCBC aims to more than double flows by 2030.
Indonesia finance firms face narrowing window to monetise AI, BCG says
Financial institutions are entering a new AI-driven “intelligence war” focused on products and operations.
HSBC Singapore adds health perks for Premier clients via IHH, Raffles Medical
They will receive access to IHH’s Parkway Shenton app and Raffles Medical’s MediWellness facilities.
Philippine bank lending accelerates to 10.7% in March on business demand
Consumer loans grew at a slightly slower pace on less motor vehicle and salary loans.
Payment failures cost Singapore merchants $12b annually
APAC merchants lose an estimated $75b in transaction value due to payment inefficiencies.
Taiwan card payments market set to hit $177.7b in 2026
The metro is set to accept contactless payments beginning July.
Global banks face slower growth as rate gains fade
JPMorgan remained the revenue leader.
CBA taps luxury label BEARE PARK to redesign frontline staff wardrobe
BEARE Park founder Gabrielle Pereira was a former banker herself, CBA said.
NAB names Connie Sokaris as group chief risk officer
Sokaris starts in her new role on 3 August 2026.
SMBC names Elaine He as co-head of DCM in APAC ex. Japan
Elaine He joins from Morgan Stanley, where she was head of APAC debt syndicate.
HSBC and HSBC Life sign Humansa MOU for HNW health planning
Longer lifespans are forcing HNWIs to rethink wealth succession and protection strategies, the bank said.
CBA onboards FIS to streamline reconciliations
FIS is expected to process over 150 million transactions per day for CBA.
CIMB nabs StanChart Malaysia chief as Singapore and Growth Markets CEO
He spent 15 years working in Singapore, focusing on mergers and acquisitions and leveraged finance.
OCBC NISP’s HSBC IWPD deal may see 48% AUM uplift: analyst
There is minimal overlap between the two banks’ customers.
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