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How tech disruption, branding innovation are shaping the future of finance: analysts

How tech disruption, branding innovation are shaping the future of finance: analysts

The afternoon sessions of ABF Summit 2023 saw analysts and bankers explore why tech and marketing are important to financial institutions.

Regulatory caps on neobanks’ operations could stifle growth, expert warns

Despite questions arising from the recent rise of deposit caps in neobanks, incumbent banks are left unfazed.

Tempered adoption of AI tools may spell greater leap for fintech firms

Expert underscores generative AI’s strength in streamlining front-of-office work, but banks on human expertise for in-depth development.

DBS's Sanjoy Sen explores digital currency, future M&A opportunities

Sen also discussed DBS’ recent integration of Citi Taiwan’s assets in just one weekend.

Advisory takes centre stage in Danamon's next-Generation Branches

Danamon’s next-generation branches reshape banking by performing more advisory functions and improving customer experiences.

Hong Kong’s business scholars target top finance employers for work-life balance

Educators at business schools confirm that students’ career priorities have shifted.

High interest rates stall foreign property deals in Hong Kong

Bank mortgage rates for commercial properties in the city can be as high as 6%. 

Revised rules bolster Korean banks’ competition, but no silver bullet to thriving: analysts

The proposed revisions will pave the way for mergers and bolster competitiveness.

Vietnam’s 2050 energy transition plan sparks green lending surge

The Power Development Plan 8 helps attract foreign lenders for green projects aligned with Vietnam’s 2050 clean energy goals.

SkorLife takes $4m seed funding to empower Indonesians with financial literacy

This fintech startup plans to leverage technology to lift the Indonesian market’s potential for better financing.

Hiring freeze felt as HK banks focus on talent development

Many senior roles in banking get cut, but relationship managers, private bankers, and tech roles remain sought after.

Asian fintechs to outpace global competitors; China posts tepid growth

S&P Global’s latest report shows Asia’s fintech growth may be gradual for 2023, but small and emerging economies will keep the region steady.

Fintech funding slows to 10-year low as investors tout quality over quantity

Asian fintechs clinched US$5.1b in investments in H1, lower than $45b in H1 2022.

TG Limcaoco on how 170-year-old BPI is reinventing itself in the digital era

For BPI, reinvention and innovation are the key ingredients to how it remains one of the Philippines’ biggest banks since its establishment over 170 years ago.

M&A not the only route to enter Asia’s financial markets: expert

Asia Pacific sellers are faring worse than their global peers post-acquisition, according to a report by PwC.

How Mocasa is supercharging the Philippines' credit payments market

The credit payment service company is also developing a data-driven central credit bureau.

Singapore banks foster growth, boost employee well-being

Asian Banking and Finance’s new ranking of Singapore banks reflects top notchers' steady growth and adaptability to changing landscape.