APAC

DigiFTs CEO Henry Zhang advocates growth through collaborative innovation, risk management, and regulatory compliance in finance.

In 2024, JCB plans to enable contactless payments in the remaining 80% of UK Worldpay terminals.

The expected US recession next year will significantly impact how bonds perform.

The region saw a total of 13,151 deals in the eleven months to November.

The pilot aims to enable transfer of CBDC offline, and without the need to change POS terminals.

Gen AI is expected to add up to US$340b in new value to banks. But obtaining a slice of this will not be an easy process.

Partner wallets saw daily transaction volumes increased three-fold.

Travelers will be rewarded for bringing their own toothbrushes, amongst others.

The forum will also be held in Ho Chi Minh, Jakarta, Kuala Lumpur, and Manila.

Aligning lending practices with rising sustainability expectations is gaining traction in Asia, but accelerating the green transition will require open and collaborative data ecosystems.

Expect some minor asset-quality deterioration, however.

The wealthtech industry is expected to skyrocket its ‘onshore’ PFA of around $81t (SG$108.27t/HK$632.82t) by 2027, driven by Singapore and Hong Kong markets.

Generative AI and the expansion of fintech brands into the insurance sector are predicted to propel the industry’s advancement to new heights.

It will add $56b and $54b in new value to corporate and retail banking, respectively.

Yew Chuan Sim will lead the bank’s distribution efforts in APAC.

And Moody’s put Hong Kong and Macau banks on downgrade warnings.