Most parts of the world and advanced economies such as the United States and European Union are expected to experience a significant slowdown in growth…
BIS Innovation Hub in its report, Project mBridge: Connecting economies through CBDC, has validated the proposition that CBDCs can substantially increase…
Ping An Bank uses financial technology to create smart and inclusive products for traditionally underserved small businesses
Singapore offers glimpses into the future of digital currencies and payment infrastructures that will enable instant, intelligent and more efficient retail,…
Ijarah is a type of financing in Islamic banking that allows a client to use bank-owned assets or property for a specified period in exchange for rent.…
The financial services industry in Southeast Asia has seen the entry of standalone challenger digital banks, and while incumbents are competing by investing…
The collapse of cryptocurrency giant FTX in late 2022 sent shockwaves throughout the crypto world. Previously valued at $32 billion, FTX filed for bankruptcy…
The imminent entry of digital-only banks will further accelerate the digitalisation of the Malaysian financial industry. However, incumbents that are deep…
Growing transaction volumes are pushing Indian banks to rethink technology architecture to integrate cloud and data capabilities to meet growing transaction…