In Focus
Banks offer flexiwork, mentor programmes to uplift women’s careers
This International Women’s Day, we spoke with Singapore’s big three banks on how they are helping close the gender gap in their workforces.
Banks offer flexiwork, mentor programmes to uplift women’s careers
This International Women’s Day, we spoke with Singapore’s big three banks on how they are helping close the gender gap in their workforces.
WealthTechs win by managing wealth and not the wealthy
WealthTechs are breaking down barriers to entry by fractionalising costs of assets, analysts said.
Revised capital rules a positive for Chinese banks’ operating environment
It is expected to have minimal impact on local banks’ capital position.
Cards maintain dominance in Hong Kong's payment landscape
Over nine in 10 consumers use cards as their payment method.
AI adoption in banking not a race but a question of trust: HSBC exec
AI achievers enjoyed 50% greater revenue growth on average, according to Accenture.
How digital mortgages will overhaul traditional banking models
Traditional banks will have to overhaul their branch-based models to appeal to modern homebuyers.
Asia's wealth managers faced with potential $25m revenue boost
Rising income will push the affluent and mass affluent segments’ wealth pool to $4.7t.
Singapore named one of top countries with most fintech unicorns
The Lion City ranked ninth and named amongst the world’s fintech capitals.
Better rates, lower fees not enough for digital banks to make a profit: analyst
Those who can tap into their parents’ customer base have the best chance of success.
Less than 10% of global energy financing went to renewables: study
Of the $2.5t funneled to energy firms, only $178b were for clean energy activities, the report said.
Real-time cross border payments edges closer to reality with ISO 20022
ISO 20022 is set to become the universal language of payments.
Banks must amp up management of nature risks in net zero policies: WWF
Science-based decarbonisation targets must be set to improve their energy sector portfolios.
Buy now, pay later gains traction in Asia
BNPL brand Afterpay served 20 million customers in Australia alone.
Why the universal banking model is no longer sustainable
Changing customer attitudes and lowered barriers to entry has transformed how banks’ fortunes are made.
Foreign banks in China face growth challenges in 2023: Fitch
Their share of system assets in 2021 is just 1.4%, with only a 0.5% growth.
9 in 10 finance professionals say open banking is a key part of a bank’s landscape
More than half said it’s now a “must-have” for banks.
For French fintechs, Asia is a land of opportunities and learning
Compared to Europe, fintechs in Asia have struck a balance with banks, says Bpifrance Deputy CEO Arnaud Caudoux.
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