Generative AI revolutionises banking operations, regulatory frameworks adapt to innovation, and digital banks expand in global markets, marking significant shifts in the financial services sector set to define its trajectory in 2024. Generative AI…
Read More
• Credit underwriting and collection for subprime segments are highly challenging • Gross NPL rose from 7.2% in March to 14.5% in December 2023 • Loans past due rose to 31% in November and…
Read More
• RMB adoption in cross-border trade surges at 15% annual growth rate • Motivations behind the use of RMB remain consistent annually • Companies express confidence in RMB growth benefits Despite the…
Read More
• Revenues increase by 159% in 2023 • GX Bank marks a pivotal step in GFG market expansion • Grab Unlimited enhances user engagement Grab Financial Group (GFG) reported a significant revenue…
Read More
TABInsights’ global benchmarks in retail and digital banks, and financial platforms, signal a significant shift towards digital transformations The Digital Banking Annual Meeting took place in Seoul, South Korea, on 7 March 2024. This was…
Read More
<!– –> Back Published on 12 March 2024 40 Views <!– comments –> Print Bank Muamalat leverages Google Cloud for personalised Islamic banking 5 min read Bank Muamalat Malaysia Berhad (Bank Muamalat) announced a multi-year…
Read More
<!– –> Back Published on 9 March 2024 55 Views <!– comments –> Print Best Retail Bank in Hong Kong goes to Standard Chartered 5 min read The winning bank has demonstrated strong capabilities in…
Read More
<!– –> Back Published on 7 March 2024 350 Views <!– comments –> Print Skyro leads in addressing industry challenges to boost PH fintech growth 5 min read The Philippine fintech sector faces hurdles, dealing…
Read More
<!– –> Back Published on 8 March 2024 253 Views <!– comments –> Print Basel Committee consults on G-SIB framework window-dressing 5 min read The Basel Committee on Banking Supervision issued a consultation on revisions…
Read More
<!– –> Back Published on 8 March 2024 209 Views <!– comments –> Print Hang Seng joins HKMA’s new wholesale central bank digital currency project 5 min read Hang Seng Bank (Hang Seng) is participating…
Read More