Exclusives

CIMB Singapore plays to its strengths, targets SMEs as industry turns digital

The bank is gearing up its tech and customer-employee experience as neobanks loom.

Sustainability takes centre stage in ASEAN corporate banking

But 51% of ASEAN banks have yet to fulfill even a quarter of ESG criteria.

How CredoLab reduces banks' credit risks through smartphone metadata

The platform generates a credit scorecard in just one second, based on 1.3 million features from opt-in smartphone metadata.

Mastercard APAC's winning strategy in the digital age

The payments provider has been forging new tech-based products and partnerships to keep up.

Crunch time for Malaysia's e-wallets as big firms impose merchant fees

They are charging 0.5% from merchants who use their services as subscriptions soar.

Hong Kong banks' asset quality battered by COVID-19 and protests

Exodus of corporate clients, mortgage risks, and dropping credit card use pose a big threat on revenues.

Financial inclusion needs to be more than just about technology

Products need to be sustainable and scalable to meet the needs of the unbanked.

Credit card revenues threatened as Singaporean travellers shun usage

Card users turn to cash as they steer clear of lofty transaction fees and poor exchange rates.

Tokyo is banking on foreign fintechs to reinvigorate its financial sector

Fintechs may tap into US$9.07t (¥984t) of individual cash sitting in banks, says the Tokyo Metropolitan Government.

Inside Hong Leong Bank's digitalisation journey

The lender has set aside as much as 20% of its FY19 operating expenses on tech.

Future Ready: How can banks build a checkmate-proof IT strategy in 2020?

Heavy investments in technology will mean nothing without investing in manpower, according to experts.

How KBZ Bank strides towards financial inclusion in Myanmar

They launched mobile wallet KBZPay, banking on the country's high smartphone penetration to improve financial connectivity.

How banks can win in a rapidly shifting global payments arena

Incumbents are building up capabilities and forging partnerships with former foes to stay competitive.

Singapore steps up efforts to boost FX ecosystem as Hong Kong closes in fast

Citi launched a pricing engine that cuts the time it takes to route a trade between Singapore to Tokyo.

How foreign fintechs will buoy Japan's banking sector

They might introduce new business models and solve overcapacity, says a former central bank deputy governor.

400 million wearables could be converted for smart payments push by 2022

Mastercard and Tappy are using token technology to allow payments using accessories.