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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He highlights the importance of cultural context, workforce mobilisation, and data-driven strategies in financial sector innovation.
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Young Malaysians, big money mistakes: What’s going wrong with Islamic financial behaviour?