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Companies to increase Renminbi trade settlement in 2019 as forex risks mount reveals latest China Construction Bank report
Date: May 24, 2019   |   Author: The Asian Banker | Commissioned Report
Over 50% of companies surveyed had increased use of Renminbi (RMB) for cross-border trade settlement in 2018 and expect to do more in 2019 says China Construction Bank in latest RMB Internationalisation Report
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Fintechs grow influence in financial services in Asia
Date: May 24, 2019   |   Author: Neeti Aggarwal | Research Note
Within Asia, China has been the undisputed leader in terms of total fintech investments raised. In other parts of the region, fintechs in South East Asia witnessed a 143% growth in funding that reached $484 million in 2018
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CXA Group’s Koo: “We are the tech company that enables banks to change”
Date: May 22, 2019   |   Author: Foo Boon Ping | Interview
Rosaline Chow Koo, founder and CEO of CXA Group, discussed the next phase of growth for the online flexible benefits and healthcare platform as it seeks to dramatically increase its active user base by targeting enterprise customers of its strategic partners. Koo will be speaking at the Future of Finance Summit 2019.
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Fidelity International's Anand: "US-China trade war has similarities with Brexit"
Date: May 20, 2019   |   Author: Paras Anand | Opinion
The US-China trade war has some similarities with the Brexit negotiations. Officials in both situations are under pressure to announce a headline agreement, leaving the details to be worked out later
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globaliD's Kidd on future exchange society: The what, the who, and the why
Date: May 20, 2019   |   Author: Greg Kidd | Opinion
Greg Kidd, co-founder and CEO of globalID, postulates a few possible paths for the future exchange society. Who will get us there, and why? Will it be banks? Phone companies? Governments? Fintechs? Will the world be more Big Brother, Mad Max, or creepy Facebook? Or is there another path that is less dystopian and more human? Will we be able to shape the future, or will it roll over us like a huge unstoppable snowball? Greg Kidd will be a speaker at the Future of Finance Summit 2019
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A merger in Nigeria to create the largest bank in Africa
Date: May 19, 2019   |   Author: Sana Louahidi | News Analysis
The merger of Access Bank and Diamond Bank will create the largest bank in Africa, at least in terms of customer base
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Leading banks narrow digital onboarding gap in 2019
Date: May 09, 2019   |   Author: Chris Kapfer | Research Note
Banks launch end-to-end digital onboarding for comprehensive account opening for more products and services