The financial services industry in Southeast Asia has seen the entry of an increasing array of standalone virtual, neo or challenger banks. Despite innovation in enabling technology, product design and customer experience as well as seemingly strong financial backing, creating a path to profitability will be the ultimate measure of success of these new digital only players.
Stablecoins are raising pressure on bank payments and deposits, pushing ANZ and UOB to focus less on the form of digital money and more on client liquidity, settlement, asset distribution and interoperability.
Stablecoins are raising pressure on bank payments and deposits, pushing ANZ and UOB to focus less on the form of digital money and more on client liquidity, settlement, asset distribution and interoperability.
Anouska Ladds of Mastercard and Johnson Poh of Singapore’s Infocomm Media Development Authority argue that AI agents will scale only when financial institutions can govern, trace and supervise their actions inside live operations.
As wallets, instant payments and embedded finance reshape how customers interact with payments across Asia Pacific, card issuance is often assumed to be losing relevance. David Lim of Alliance Bank Malaysia, Anshul Sabherwal of Standard…
Customers in Malaysia increasingly expect international payments to be as seamless as local transfers. At a closed-door roundtable convened by TAB Global with Visa, participants examined how banks are adapting to these expectations while…