Until the pullback in early September, the S&P 500 has climbed almost 25% in 2020 outstripping other sectors. This points to an uneven K-shaped recovery where some parts of the economy such as technology, retail, software services and other growth sectors may recover and grow faster than others.
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.
The president director of Bank Central Asia (BCA), Jahja Setiaatmadja, talks about how accelerating the bank’s digital transformation has helped in expanding customer engagement and how the financial services industry will play out during the current crisis brought about by COVID-19
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.
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.