APAC

Liew Nam Soon delves into digital strategies and their impact on customers

Liew Nam Soon delves into digital strategies and their impact on customers

He discussed the five sector-specific developments that financial services organisations across Asia-Pacific need to manage to be successful.

APAC boasts highest digital wallet spending in the world

China, Japan, and Singapore are frontrunners in digital wallet adoption.

The Importance of Digital Identity Management in the Finance Industry

Having a reliable and secure way to confirm the identity of customers has become crucial for financial institutions. 

Thailand and Japan renew bilateral swap agreement.

The size of the BSA remains at $3b or its equivalent in yen.

The Future of Payments: Ensuring Stability, Embracing Innovation

As technology continues to evolve, financial institutions must persist with refining seamless and secure payment experiences for consumers.

Deloitte leader: Starting small, scaling up key to staying ahead in business

This comes as market activities compel banking and finance companies to align technological advancements in the industry with their respective business goals.

Citi names Ed Huntsman as head of financing, markets for Asian markets

Huntsman will remain global head of financing for spread products.

StashAway launches fixed-income Income Investing

It has a 5.51% per annum yield maturity.

Digital investment firm Arta Finance clinches approval to launch in SG 

The firm offers access to alternative assets and credit channels.

Over 600,000 payment cards’ info stolen

Over 99% of stolen data include names, computer files, amongst others.

Data analytics key to SEA digital banks' profitability and retention

After the initial novelty and rewards, digibank users are likely to revert to their old bank.

Georges Elhedery is HSBC’s new group CEO

He is currently the CFO; Noel Quinn will retire on 2 September.

Financial services industry sees shift to digital, partnership-led business models, says PwC Partner

Industry innovations have become increasingly focussed towards customer centricity amidst keeping pace with evolving needs.

Indonesia and South Korea to enhance cross-border payments

The central banks expect that it will promote digital economy and benefit the tourism sector.

Banks to log $82b losses in 2024: S&P

This is due to credit costs normalisation and not asset problems.

HSBC, Visa team up to develop multi-currency app Zing

Users can hold funds in 10 different currencies and transact in 200 countries.