Staff Reporter
The ISO 20022 Journey: Connected, Market-Ready and Native
The ISO 20022 Journey: Connected, Market-Ready and Native
Deck: Banks need to embrace a three-part journey to truly deploy ISO 20022 and reap the detailed data and digital modernisation rewards.
Chart of the Week: India’s mobile wallet payments market to hit $4.1t in 2025
In 2022, the market will grow to $1.7t, according to GlobalData.
1 in 4 retired investors interested in digital wealth management services: study
Wealth managers are called to ramp up digital services for retired investors.
DBS CEO Piyush Gupta’s salary up 47.8% to S$13.57m in 2021
His cash bonus jumped 51% in 2021 compared to the previous year.
Taiwan’s bad loans shrank by $2.03b in January
NPL ratio for 39 domestic banks is now at 0.16%.
Australian mortgage market to 'hold steady' in 2022
Economic recovery will support performance and hold delinquencies steady.
Dah Sing Bank reopens four branches
They are open on weekdays.
DBS forges on with net-zero goals in 2022
It is transforming its data centres and server rooms into carbon-neutral assets.
Citi to hire 200 bankers in next three years
Majority of the hires will be from China, Hong Kong, India, and Singapore.
Gov't support, high vax rates buoy Korean banks’ asset qualities: Fitch
But increased competition in lending may give rise to risks in the long-term.
DBS establishes Board Sustainability Committee
It will be chaired by CEO Piyush Gupta and will consist of DBS board members.
Chinese banks seek workarounds amidst sanctions against Russia: report
Top banks reportedly mull passing some of their business to small domestic-focused peers to avoid secondary sanctions.
DBS Hong Kong suspends counter services in 14 branches
All branches will be closed every Saturday.
Could China’s financial infrastructure play 'white knight' to embattled Russia?
Any move to play saviour could also damage China, warns Natixis.
Over 2 in 5 Citi Asia women bankers in senior roles
In Taiwan, 60% of its female employees are AVPs and MDs, according to Citi.
Why the banking and finance sector should not fear AI
As digital adoption hastens, there is now more data than ever. Just in 2020, data volume amounted to 59 trillion gigabytes globally and is expected to grow to more than 180 zettabytes by 2025. Yet, for all this abundance of data, the financial services industry remains surprisingly information-poor. Rapid change is needed if the industry is to unlock the riches of its data and turn what is currently a problem into an opportunity.
Commentary
What kids without wallets can teach us about the future of finance
What is best practice when setting up an in-house bank?
How technology and regulation are reshaping the lending landscape
Protecting against the mobile Trojan horse in your pocket
Beyond the code: How mobile banking is weaving a new financial narrative in Asia