Staff Reporter
How GCash’s credit and insurance tools unlock Philippines' inclusion barriers
How GCash’s credit and insurance tools unlock Philippines' inclusion barriers
Bank access increased to 65%, whilst insurance penetration improved to 1.71%.
Bank on people, not just tech— HSBC banker
Developing tech and talent go hand-in-hand, a senior HSBC banker said.
Is BSP’s cyber resilience plan the key to protecting finance in 2025?
The central bank plans to mainstream cybersecurity in schools to close the skills gap.
Why digital wallets must shed their ecosystem dependence
Experts noted the importance of forming the right strategy for sustainability and brand marketing.
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.
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Digital transformation starts with leadership