Hai, who will be based in Shanghai, has worked across a variety of roles within Citi's markets business in Singapore, Taiwan, Hong Kong and mainland China.
CT has learned that Matthew Davies will provide interim leadership for Apac payments, after Ameen, BofA's Apac head of global transaction services, stepped down last week.
A Brankas report showed pitfalls in both Indonesian and Filipino banks’ up- and downtime in 2023, revealing more infrastructure is required for higher service reliability.
Embedded credit risk decisioning technology will give greater access for MSMEs to make loan applications, and could drive financial inclusion amid the government’s push for digitisation.
As banks face greater competition from embedded finance participants, they are looking to innovate enhanced offerings - report commissioned by Temenos.
The latest digitised trade finance solution from HSBC boosts “just-in-time financing” capabilities by enabling instant loan drawdown and supplier payments.