The world’s top 1000 largest banks collectively held $153 trillion in total assets, $76.8 trillion in net loans, $96.8 trillion in customer deposits, and generated a total net profit of $1,124 billion. This is…
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Despite economic headwinds, banks leveraged advanced technologies and a customer-centric approaches to drive balanced growth, with customer engagement, financial inclusion, and ecosystem development emerging as key strategies Ecosystem development, customer engagement, and financial inclusion…
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Taiwanese consumers voted E.Sun Bank as the Most Recommended Retail Bank, giving it a 13% BankQuality™ Score. CTBC Bank emerged as the Most Selected Main Bank, securing 20% of the bankable population for primary relationships…
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Investors’ risk appetite and fondness for fintechs have cooled, leading to a 42% drop in global funding and 57% drop in APAC funding in the first half of this year US remains the top…
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Key takeaways from Sibos 2023: highlighting the importance of collaboration in addressing cross-border payment challenges, reducing transaction friction with ISO 20022, meeting G20 goals, improving efficiency through transaction manager, combating fraud through pre-validation, enabling tokenisation…
Read MoreBack Published on 10 October 2023 109 Views Print BSP deploys more coin deposit machines 5 min read The Bangko Sentral ng Pilipinas (BSP) has deployed 15 additional coin deposit machines (CoDMs) in the last…
Read MoreBack Published on 9 October 2023 211 Views Print Chinese tourists’ Alipay spending during Golden Week exceeds 2019 levels 5 min read Alipay, the leading digital payment and service platform, today reported that the average…
Read MoreBack Published on 9 October 2023 75 Views Print Singlife appoints Ortec Finance as strategic asset allocation consultant 5 min read Singlife, a leading homegrown financial services company, has appointed Ortec Finance, a globally recognised…
Read MoreBack Published on 4 October 2023 528 Views Print Temenos: Banking goes byte-sized with rise of embedded finance 5 min read Banks must harness disruptive technologies and create their own or actively participate in digital…
Read MoreBack Published on 6 October 2023 302 Views Print $300M ADB loan to boost Philippines’ financial inclusion goals 5 min read The Asian Development Bank (ADB) has approved a $300 million policy-based loan to support…
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