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George Salvo | Current Account
Former HKMA chief Joseph Yam discusses the implications of US-China relations on Hong Kong as an international finance centre, the removal of the territory’s special status and describes the targeting of foreign individuals and entities as weaponisation of finance.
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Garage Ventures' Reichert: "Aggregated numbers on VC investments wildly misleading"
Date: Jul 29, 2020   |   Author: Emmanuel Daniel | Interview
Bill Reichert, managing director and co-founder of Garage Technology Ventures discusses the evolution of venture capitalism and how COVID-19 has impacted long-term investment so far
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95% of banks in Asia are running on outdated core banking technology
Date: Jul 29, 2020   |   Author: Thought Machine | Sponsored Statement
Cloud native core banking technology provider Thought Machine's new study reveals that 95% of banks in Asia Pacific are still running on second or third generation banking technology, driving up costs and limiting their ability to innovate and keep up with their more digitally-advanced competitors
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Thought Machine announces $125 million series B funding round – driving continued international and APAC expansion
Date: Jul 28, 2020   |   Author: Thought Machine | Sponsored Statement
UK-based core banking tech provider Thought Machine has announced expansion plans in Asia Pacific to support the transformation of the APAC retail banking market with cloud native technology.
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International alliance introduces new universal payments ID
Date: Jul 27, 2020   |   Author: Foo Boon Ping | Current Account
An international alliance of over 40 blockchain, cryptocurrency, finance, payment and charitable organisations has launched an open-source unique payment identifier, PayID, to harmonise cross-border transactions globally.
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Businesses favour increasing use of RMB amid trade tensions and pandemic
Date: Jul 07, 2020   |   Author: Hugh Zeng | Research Note
The use of RMB in international transactions will increase despite US-China trade frictions and on-going COVID-19 pandemic according to the latest annual survey on RMB internationalisation conducted jointly by China Construction Bank and Asian Banker Research.
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Absa Group’s Mminele: “COVID-19 will bring about fundamental structural changes”
Date: Jul 02, 2020   |   Author: Daniel Mminele | Opinion
In this CEO Perspectives, Absa Group CEO Daniel Mminele discusses the impact of the coronavirus pandemic and how the African banking sector is coping.
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Kakaobank is the most helpful bank in Asia Pacific during COVID-19 according to consumers
Date: Jul 02, 2020   |   Author: Janine Marie Crisanto | Editorial
South Korea’s first digital-only bank Kakaobank (kakaobank) earned the top spot as the Most Helpful Bank in Asia Pacific during COVID-19 in the inaugural BankQuality Consumer Survey and Ranking, which involved 11,000 bank customers in 11 markets across the region.

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