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Weekly Global News Wrap: Tether execs face criminal probe for bank fraud; Credit Suisse taps Goldman Sachs partner as new chief risk officer
Weekly Global News Wrap: Tether execs face criminal probe for bank fraud; Credit Suisse taps Goldman Sachs partner as new chief risk officer
And PayPal to research US transactions that fund hate groups and extremists.
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1. BTN pitches Indonesia’s subsidized mortgage scheme as a sustainable finance model 2. Citi Singapore almost triples wealth transactions after digital revamp 3. Hong Kong, China launch Payment Connect for faster cross-border payments 4. Japan’s SMBC invests in biotechnology fund 5. Shoko Chukin Bank face high problem loans but profitability improvingResource Center
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Fintech solutions must be tailored to keep pace with evolving customer needs – Kearney’s Kevin Kwek
He emphasised that balancing innovation with sustainability is now key to fintech’s growth trajectory.