Views
Metaverse mocking is in, but is time to get serious?
Currently, three technologies stand out as impacting fintech strategies in the immediate future: central bank digital currencies (CBDCs), the metaverse and AI. Read more…
financial services
Views
Hong Kong financial services need to be more creative
Financial services customers want more, with consumers wishing their financial service institution (FSI) was more proactive about giving them advice. Read more…
News
PhilSA bets on satellite tech to expand financial inclusion
PhilSA is deploying satellite internet services for two rural banks in Batangas in a plan to spread financial inclusion to rural areas in the Philippines. Read more…
News
CSRC cybersecurity rules put foreign financial firms at risk: lobby group
Cybersecurity rules for financial firms proposed by China’s CSRC could make data of western firms vulnerable to hacking, says ASIFMA. Read more…
Features
Hong Kong’s financial services need to tap RPA to stay on top
Hong Kong’s financial services industry has become a hotspot of digital innovation, driven by changing customer expectations and competition. Read more…
Views
The disruption in fintech is huge and going ‘gradually, then suddenly’
The disruption in Fintech is huge but to many it is nebulous. We talk of bank branches closing and neobanks growing but there is more. Read more…
Off the Wire
GCash to surpass inclusive growth targets, offers financial services
Philippines’ leading mobile wallet GCash expects to exceed its inclusive growth targets on the full array of financial services it offers. Read more…
News
India’s Wipro to buy British consultancy firm Capco for $1.45bn
Wipro Ltd to buy British consultancy Capco, as the Indian software giant looks to boost its offerings for the financial services industry. Read more…
Features
AsiaPac Financial Services Industry (FSI) – innovation ensures resiliency
AsiaPac Financial Services Industry (FSI) has continued to forge ahead and accelerate the pace of digitization in response to the pandemic Read more…
Views
Remittances – massive opportunity for financial services in Asia-Pacific
With an estimated 258 million international migrants worldwide, global remittance flow in 2019 reached $714 billion, up 2.7% year-over-year. Read more…
News
Grab in advanced talks to raise $300-500 mn for its financial services unit
Southeast Asia’s Grab is in advanced talks with companies as it seeks $300-500 million in investment for its financial services unit. Read more…
News
Amazon’s latest offerings make India centre of its fintech push
Amazon has added insurance and even gold to its menu of financial services in India, a push that ramps up competition among its fintech rivals Read more…
News
Grab looks at spinning off financial services unit
Singapore-based Grab has mandated a few banks to approach potential investors to take minority stakes in its financial services business Read more…
Views
The true cost of financial crime isn’t financial – it’s personal
When fraud takes place, individuals lose money and it’s personal but investors are also affected because their returns in financial firms are reduced. Read more…
News
Philippine financial service firm hacked, 900,000 clients exposed
Cebuana Lhuillier, a Philippine financial service provider, says that the data of 900,000 clients had been accessed without authorisation. Read more…