A battle over the soul of supply chain finance is raging as fintechs slam banks as outdated, banks accuse fintechs of being lightweights and the rating agencies who insist that trade credit is not debt
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.
Can the world do without China? Can China do without the world? A panel discussion at GTR Asia discussed how China, ASEAN and other Asian countries will be impacted by the trade war
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.
The partnership will allow its clients to reach a greater pool of Vietnamese consumers. Meanwhile, Chinese giants Alipay and WeChat Pay are also expected to make an entrance in the market.