Banking news in Asia

An overview of news, trends and research in the Banking industry in Asia:

Digital and cloud a top priority for financial institutions in APAC Most financial institutions in Asia Pacific see improvements in digital customer experience as a top priority.
27 April 2024
Market size of global halal industry to reach $7.7 trillion by 2025 Southeast Asia’s halal industry is booming according to a new study by management consulting firm YCP Solidiance, and is showing no signs of slowing down.
30 September 2023
Chinese investment bank CICC Capital bans use of Capvision Chinese investment bank CICC Capital has banned any internal use of Capvision for any due diligence-related services.
11 May 2023
Building financial empowerment in Pakistan through fintech In less than a decade, financial technology has permanently transformed the financial services sector.
11 May 2022
Designing the new age enterprise architecture in banking With digital transformation accelerating in the banking sector, banks of all sizes are being forced to and re-design the backbone of their digital efforts – their enterprise architecture.
01 March 2022
Ushering in the next era of banking: 5 things to do A continued rise in the adoption of digital services across Southeast Asia is re-shaping the financial services industry.
18 January 2022
Siam Commercial Bank and Publicis Sapient launch SCB Tech X As part of Siam Commercial Bank’s evolution toward becoming a financial technology powerhouse, the bank has joined with digital consultancy Publicis Sapient to launch a new entity, SCB Tech X.
22 December 2021
How Synpulse helps optimise discretionary portfolio management In the rapidly evolving and highly competitive discretionary portfolio management market, staying ahead of the competition and trends in the market is the need of the hour.
08 September 2021
Banks should ramp up technology expertise in their boardroom The banking sector has in recent years been forced to significantly boost investments in technology, and in its slipstream improve technology expertise in the boardroom.
07 September 2021
Synpulse cements leading position in private banking and wealth For the second year running, Synpulse has been named Asia’s top management consultancy to the private banking and wealth management sector, cementing its position as one of the industry’s leading pla
02 August 2021
11,000 bank branches in Southeast Asia to shut over next decade The shift to digital banking is putting physical outlets out of favour in Southeast Asia – with a fifth of the region’s brick & mortar branches expected to close over the next decade.
31 May 2021
For CIOs in banking: Four steps to build a digital and IT strategy With banks facing technology-led disruption from all corners of their industry, and IT becoming a key enabler of business models, operations and innovation, developing a digital strategy has become m
27 May 2021
Bain brings its banking customer experience offering to Asia Bain & Company has launched its proprietary cloud-based insights offering NPS Prism in Southeast Asia.
27 April 2021
Standard Chartered wins award for AI-driven client insights A combined effort between Synechron, Squirro and Standard Chartered to improve customer experience in financial services through technology has been recognised with a Big Innovation AI Excellence Awa
19 April 2021
Hong Kong's banking sector worth over HKD 370 billion Hong Kong’s banking sector is worth an estimated HKD 370 billion (~US$50 billion), according to a strategic market assessment by Quinlan & Associates.
06 April 2021
PwC's Henri Arslanian on why Bitcoin is breaking records As Bitcoin rallies to record highs, many are looking to make sense of the sudden price boom. PwC’s Global Crypto Leader Henri Arslanian has some answers.
16 March 2021
Synpulse and Simon-Kucher win Asian Private Banker Tech awards Asian Private Banker has announced the winners of its annual Technology Awards, with three trophies picked up by consulting firms.
22 February 2021
Covid-19 has made digitalisation a necessity for Thai banks The fate of Thai banks rests on medium to long term dividends on their digital investments, as Covid-19 cuts profitability. A new Roland Berger report presents the story so far, and the way forward.
20 January 2021
Southeast Asia banks in better position than peers, says McKinsey Despite challenges, banks in Southeast Asia are poised to recover from the Covid-19 crisis faster than their counterparts around the world.
12 January 2021
PwC named Asia's top consultancy for risk & compliance services For the second year running, PwC has been named Asia's top consultancy for risk & compliance services in the financial services sector by a leading industry publication.
04 January 2021
Ten startups that can disrupt the financial services industry Accenture has announced the ten FinTechs which have been selected for the firm’s Asia-Pacific FinTech Innovation Lab.
08 October 2020
According to EY, most people in Hong Kong trust their banks According to a new study by EY, over half of people in Hong Kong trust their bank, mostly owing to the sector’s steady business performance, commitment to promises and transparency.
22 September 2020
Deloitte: The state of anti-money laundering (AML) in South Asia While more than 80% believe themselves to be compliant with anti-money laundering (AML) standards, most banks and financial institutions in South Asia find the growing complexity of the compliance la
07 September 2020
Report charts the way forward for sustainable investments in Asia Government-backed sovereign wealth and pension funds should take the wheel to drive sustainable investments in Asia, according to new analysis from KPMG.
27 August 2020
Synpulse helps bank with Temenos DataSource implementation Management consultancy Synpulse has successfully helped a leading bank in Asia to leverage a centralised financial instrument master, as a means of managing a growing quantity of financial data.
03 August 2020
Asian banks playing catch-up with mobile banking apps In a new report by Sia Partners, the firm’s consultants have shed light on the state of the international mobile banking space, pinpointing the need for Asian banks to ramp up their game.
30 June 2020
Synpulse and Orbium are Asia's top wealth consultancy firms Consulting firms Orbium and Synpulse have been named Asia’s top consultants to the wealth management industry.
08 June 2020
Synpulse on Asia Pacific's evolving digital banking landscape Asia’s digital banking scene has seen rapid growth in recent years and is set to continue its growth in the months to come.
30 March 2020
Former BCG country head Douglas Jackson recruited to Standard Chartered Standard Chartered has recruited former BCG Vietnam head Douglas Jackson as its new managing director for group strategy – marking the latest in a string of consultant signings.
10 February 2020
PwC takes home Regulation Asia consulting firm of the year award PwC has taken the consulting firm of the year title at the second Regulation Asia Awards for Excellence, with Synpulse, KPMG, and BearingPoint among the other category winners.
15 November 2019
Innosight selects DBS among global strategic transformation leaders Strategy consultancy Innosight has named DBS Bank among its global Transformation 20 list – a study of the world’s most transformative companies.
10 October 2019
Big-name consultancies in running for Myanmar banking contract Myanmar’s central bank has shortlisted Roland Berger and three of the Big Four for an advisory role in the country’s move to reform its banking sector.
06 August 2019

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