APAC
The Dawn of Open Platforms in Capital Markets
The Dawn of Open Platforms in Capital Markets
The past decade has witnessed incredible innovation in global capital markets, and the rapid pace continues. Regulatory changes designed to seek risk mitigation and boost transparency as well as enhance asset stability have drastically changed the economics of capital market technology demands and business models.
Weekly Global News Wrap: HSBC’s US investment arm raises new analysts’ pay to $100,000; Citi, HSBC, other firms move to close Asia’s coal-fired plants
And JPMorgan’s new healthcare unit invests $50m in Vera Whole Health.
What keeps young Muslims from embracing Islamic banking?
The lack of available online banking options will be a dealbreaker for most.
Thai banks sufficiently buffered against ongoing risks: Fitch
Escalation of the pandemic in Thailand will significantly affect business activity in H2.
Citi Global Wealth APAC sees $15b net new money inflow in H1
About $8b were added in Q2.
Binance Labs Announces Strategic Investment in NFKings, NFT Creatives and Production Company
Binance Labs, the venture capital arm and incubator of Binance, today announced its strategic investment in NFKings, a leading NFT creatives and production company with over 100 intellectual properties (IPs), to contribute to building a sustainable digital creativity space.
Get to know the winners of the Asian Banking & Finance Wholesale and Retail Banking Awards 2021
Over 140 banks were awarded in this year’s programme.
Open banking in APAC: leveraging data, API for better solutions
Banks have to remain consistent and continuous in testing best practices.
John Dovaston joins panel of judges in this year’s Asian Banking & Finance Awards
For PwC’s Asia Pacific Financial Services leader, the lines between business, digital, and technology are blurring.
Citi Commercial Bank enables digital account opening in Hong Kong, Singapore
About 750 new accounts have been opened in four APAC markets through the new portal.
Banks must leverage APIs to stay ahead amidst the open revolution: Deloitte
It opens up new revenue models and lowers the cost-to-serve.
ASEAN regulators ramp up blockchain adoption as tech expands beyond crypto: analysts
More banks and institutions are exploring its use for payments and cross-border transfers.
Bangladesh’s City Bank clinches $30m trade finance loan with UK’s CDC
It will be used to extend foreign currency trade to local banks and businesses.
1 in 4 in APAC plans to switch banks over the next year: study
48% are also interested in using digital-only banks to meet their needs.
The bank of the future: How to embrace AI and analytics
Banks must invest in transforming capabilities across all four layers of the integrated capability stack, says McKinsey & Co.
Four ways to increase share of wallet in the financial services industry
Harish Agarwal, Head of Customer Experience Strategy for SEA, India and Hong Kong, Qualtrics.
SEA named world’s fastest-growing mobile wallet region
The number of active mobile wallets is expected to reach 439.7 million by 2025.
Commentary
Asia’s 20% advantage: The simplification strategy rewriting banking from Singapore to Shanghai
Perth is emerging as an unlikely testbed for the future of global finance