The Bank of Thailand opened its application process to set-up digital only banks in late March, and is expecting licensed parties to commence operation within a year of qualification.
Volatility in developed markets, the energy crisis in Europe, and widening of Asia-focussed strategies has led to increased interest in these two markets.
Supply chains that once spanned the globe are now coming back home. One of the unintended consequences of the coronavirus outbreak is that it is accelerating the shift.
Where does Libor live in a bank? Why are banks in Asia not looking at Libor transition seriously? Which bank is racing ahead? It’s been an interesting couple of weeks for Libor transition watchers.
More than half of adults living in ASEAN are unbanked and, according to new academic research, fintech companies are not working hard enough to change this.
A letter of credit has been issued on the Voltron blockchain platform to facilitate trade of an “oil product” between a Thai supplier and its Singaporean subsidiary. CT takes a look at Voltron’s progress so far.
Two Asia-focused cross-border payment start-ups - Airwallex and InstaRem – are out to disrupt cross-border payments for businesses in the region. How soon will it be before we're all using them?
A recent McKinsey report states slowing Chinese growth coupled with digital headwinds could see the bigger fishes eat the smaller fishes across the world of Asian banking.