Frances Gagua
Online shopping drives expansion of alternative payments’ use in APAC
Online shopping drives expansion of alternative payments’ use in APAC
China’s alternatives will account for 70% of e-commerce transaction value in 2021.
Weekly Global News Wrap: JP Morgan CEO apologises for CPP joke; Leadership shake-up tests Mexico’s financial regulator
And China urges lenders to extend support to advanced manufacturers, other industries.
DBS’ suffers digital bank service glitch; MAS mulls taking supervisory action
DBS Country Head Shee Tse Koon has apologised for the disruptions.
Citi hiring 100 roles to boost blockchain, digital assets expertise
The bank has also unveiled three new senior roles.
UOB simplifies and amplifies Singaporeans' green energy journeys with U-Energy
The bank seeks to help address the energy crisis and rising electricity costs, says UOB’s Jasper Wong.
Asia-Pacific IT Priorities: One Year After the Pandemic
A Survey of Financial Services Firms.
Henderson Land secures HK$2.5b green loan from Bank of China Hong Kong
The loan is unsecured and has a tenure of three years.
MUFG Bank appoints head of institution investors coverage for Asia
Weehuizen has over 18 years of banking experience in APAC and Europe.
Profits of Japan's megabanks to rise in next 12-18 months
All three banks’ profits jumped over 60% for the first six months of the current fiscal year.
HSBC appoints co-heads for commercial banking business in Asia: report
Amanda Murphy will lead South Asia and SEA whilst Frank Fang, the GBA.
4 in 5 Singaporeans prefer online methods of banking: survey
Less than one in ten, or only 4%, concentrate their banking activities at the ATM.
Deutsche appoints ex-UBS exec as wealth vice chairman in APAC
Mahesh is rejoining Deutsche after leaving in 2017.
Why a hybrid approach could help wealth managers to reduce client churn
Attributed to Gery Dachlan, Managing Director, South Asia and Australia, Avaloq.
What do SMEs expect from modern payment solutions?
ABF spoke with industry experts from Mastercard, Enterpryze, Boku, and Xfers to learn more.
Wider adoption of e-CNY poses risks to China’s banking system: Moody’s
Digital renminbi will test banks’ ability to address risks.
ASEAN fintech funding achieves record $3.5b in 2021: study
Funding to investment tech and cryptocurrency firms grew by over 5x since 2020.
How financial services can heed regulators’ call for sustainable finance
Increased regulatory interest in sustainability will require financial institutions to address its ESG strategy, risk management, regulatory compliance, and data challenges.
Commentary
The Asian connection: China's path to sustainable growth