APAC
Innovative approaches to IFRS 9 Compliance: Bridging finance and risk with subledger accounting
Innovative approaches to IFRS 9 Compliance: Bridging finance and risk with subledger accounting
The combined expertise of SAP Fioneer and Grant Thornton has brought to light strategies for financial institutions to enhance credit risk assessment and bridge gaps between finance and risk management.
How much do Malaysian FI boards really cost?
Board chair retainer fees were typically 1.3 to two times higher than other board members.
PCG, Black Bear Merchant Services team up to launch AbbyPay
It plans to expand to Japan, Singapore, Malaysia, and Thailand.
Brace for ‘volatile’ credit conditions in APAC for 2025: expert
Lenders may turn more risk-averse and seek higher premia.
JCB, AEON, and Biznet launch co-branded credit card
The credit card will offer exclusive discounts and cashback.
What are the must-have banking features by 2027?
Over 60% of respondents in Australia, China, and India find credit-building tools to be useful.
United Overseas Bank hailed at ABF Retail Banking Awards 2024 for trailblazing performance
Its strengthened franchise brings unrivalled regional perspective and reach to customers.
IFC, HSBC team up to introduce $1b risk-sharing facility
It is part of IFC's Global Trade Liquidity Programme.
Airwallex reports double-digit revenue, transaction growth for Q3
It expanded its startup and investment platforms in 2024.
Bank of America’s CashPro app set to hit $1t in payment approvals
The platform is reportedly used by around 40,000 companies globally.
VCs invest $31.1b in fintech companies in 2024
Enterprise software companies and health companies got the most investments.
Hong Kong central bank warns against unauthorized finance firm
The firm reportedly does not have authorization to take deposits.
OCBC to triple quantum workforce to boost security
The Singapore bank expects significant tech advancements in the next five to 10 years.
Multiagent systems as key to AI-first banking: analysts
If implemented well, banks can see up to 60% productivity gains from credit analysts.
BEA saves 553,000 hours in processing time with UiPath
The bank has 77 attended automations as of December 2024.
Wealth transfer a critical topic for APAC advisers: survey
Sensitivity to talking about death and inheritance is named as the top challenge.
BNY names Ashvin Parkash as head of global markets trading for APAC
Parkash joins from Nomura and brings 25 years of industry experience to the role.
Commentary
The stablecoin conversation is missing the everyday user
Stablecoin payments are going mainstream. Hong Kong and APAC are showing how
Why digital assets are set to become mainstream in APAC
Bitcoin’s latest hacks expose where trust really sits in Asia