CBDC for cross-border settlements
How Asian banks can retain their cross-border dominance
How Asian banks can retain their cross-border dominance
The emergence of fintechs is whittling down their dominance.
Wider use of CBDCs for cross-border settlements dents banks’ fee income
Lenders will have to reduce cross-border fees once CBDCs become more mainstream.
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1. UOB’s net profit down 16% to $443m in Q3 2. ShaComm Bank, HashKey team up for digital asset push 3. MAS, police tighten coordination for Prince Holding Group probe 4. Hang Seng Bank launches money lock feature 5. ANZ warns H2 profit will be hit with $727.19m charges from significant itemsResource Center
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Experts explored how hybrid multi-cloud strategies and interconnected data centres are shaping the future of banking in the region.
Commentary
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