The Financial Markets Working Group Tuesday, 6 December 2022
Updates and Insights
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The Asian Banker RSS PRN

The Asian Banker RSS PRN

NAB hatched Hive for efficient MSME payment service

Mon, 05 Dec 2022 20:28:00 +0800
National Australia Bank (NAB), one of the leading business banks in Australia, launched Hive, a merchant portal. It will invest $100 million over the next two years to better address the payment needs of the micro and small business segment.

ASEAN's digital economy expected to grow to $330 billion by 2025

Thu, 01 Dec 2022 20:35:00 +0800
Banks have not experienced a significant deterioration in asset quality of their MSME exposure, supported by various policy measures. An uptick in the non-performing small business loans is expected with the expiry of these measures.

MSME NPLs remain key concern despite being broadly stable

Thu, 01 Dec 2022 20:32:00 +0800
Banks have not experienced a significant deterioration in asset quality of their MSME exposure, supported by various policy measures. An uptick in the non-performing small business loans is expected with the expiry of these measures.

ISO 20022: To March and beyond

Tue, 29 Nov 2022 10:16:00 +0800
The upcoming implementation of ISO 20022 in the high value payments (HVP) space is set to unlock a host of benefits for the cross-border payments industry – from improved compliance processes to the creation of innovative products and services. Joey Han, Clearing Solutions Specialist, APAC, Institutional Cash Management at Deutsche Bank explores how preparations are ramping up – and what we should expect as we transition into the ISO 20022 era.

Alibaba posts lacklustre Double 11 sales growth as it shifts focus to customer loyalty

Mon, 28 Nov 2022 16:22:00 +0800
The weak sales growth for this year’s Double 11 shopping festival was largely driven by the depressed consumer sentiment and logistical disruptions under the zero-COVID policy, along with the regulatory scrutiny.

Mox Bank improves core banking through modern technology stack and API-first solution engine

Mon, 28 Nov 2022 16:03:00 +0800
The bank partnered with Thought Machine’s Vault to launch a greenfield, cloud-native digital bank offering multiple retail products, leveraging a microservices-based architecture hosted on the cloud.

Best Merchant Service in Indonesia is Midtrans

Wed, 23 Nov 2022 19:14:00 +0800

Best SME Bank in Indonesia - OCBC NISP

Wed, 23 Nov 2022 19:14:00 +0800

Best Deposit Product in Indonesia - OCBC NISP

Wed, 23 Nov 2022 19:14:00 +0800

Best Digital Wallet in Indonesia is GoPay

Wed, 23 Nov 2022 19:14:00 +0800