Banks in the region face a growing range of challenges in maintaining their correspondent banking relationships. This article suggests how they are being addressed via new technologies and services.
Australia and New Zealand Banking Group, which bought the stake in 2007 when it sought to expand its Asia presence, is now reversing the policy.
The fallout from India’s recent demonetisation initiative has gained most attention, but other less publicised government initiatives across Asia are maintaining the momentum for electronic payments.
Welcome to the December edition of the Global Treasury Briefing.
More corporate treasurers worldwide report that their companies have a formal risk policy in place, reports baying and payments tech group FIS.
The focus on the last day of the Singapore Fintech Festival moved to the endless challenge of fighting fraud.
Business investment plans across 21 economies in the Asia Pacific Economic Co-operation regions are proving resilient despite flat revenue growth.
Regulation such as the KYC regime is throwing up obstacles to progress, but the region’s financial institutions are making great strides towards a fintech-driven future.
Among the topics on the agenda at this week’s first Singapore Fintech Festival is an analysis of how financial institutions can maximise the benefits of big data.
Last year, the Monetary Authority of Singapore set out its vision of making the city state one of the world’s premier smart financial centres. At the Singapore Fintech Festival its managing director, Ravi Menon, has set out how this goal could become a reality.