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Articles and opinions by Foo Boon Ping

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Our thoughts are with all friends, their families and the people of Lebanon
Date: Aug 07, 2020   |   Author: Foo Boon Ping | Editorial
Beirut was hit by massive explosions on 4 August 2020 that wreaked widespread damage to the city and significant loss of lives. Our thoughts are with the people of Lebanon during this difficult time.
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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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Vietcombank’s Nghiem: “Becoming digitalised is the future for banks”
Date: Jul 15, 2020   |   Author: Foo Boon Ping | Interview
In this instalment of the Digital Reinvention Dialogue series, Nghiem Xuan Thanh, Chairman of Hanoi-based Vietcombank, maps out the bank’s journey towards digital reinvention as one of its top agendas to remain competitive.
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WFE’s Sukumar: “A regulated, transparent market will maintain sanity in a time of turmoil”
Date: Jun 30, 2020   |   Author: Foo Boon Ping | Interview
World Federation of Exchanges (WFE) CEO Nandini Sukumar discusses the initiatives required to ensure the normal functioning of financial markets globally amid the unprecedented disruption caused by the COVID-19 pandemic.
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Grab’s Mehrotra: “The shift towards cashless transactions is here to stay”
Date: Jun 12, 2020   |   Author: Foo Boon Ping | Interview
Ankur Mehrotra, Grab’s managing director, head of financial services, shares the double-digit growth in cashless transactions via GrabPay, emphasising the company’s effort in serving its customers as well as helping offline merchants get online amid the COVID-19 pandemic.
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Post COVID-19: An unprecedented opportunity to reinvent the future?
Date: Jun 02, 2020   |   Author: Foo Boon Ping | Trendwatch
While the coronavirus crisis has undoubtedly ravaged nations and economies, it offers an opportunity for the world to hit the reset button and redefine the future for generations to come.
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Digital banks attract more capital as regulators open up markets
Date: Mar 18, 2020   |   Author: Foo Boon Ping | Trendwatch
In Asia Pacific, South Korea’s Kakao Bank, Alibaba-backed MyBank and Judo Bank in Australia are the top three digital banks that have raised the most capital
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Compressed margins and bad debts will curtail profits in the coming year
Date: Jan 30, 2020   |   Author: Foo Boon Ping | Research Note
Outlook for the banking industry in Asia Pacific turns negative as the region confronts weaker economic and trade conditions as well as the erosion of investor confidence