APAC

Over 40 banks and financial institutions were awarded in this year’s programme.

About $354m in crypto funds, mostly Ethereum tokens, are yet to be returned.

Deals in India, Australia, Japan, and South Korea are the ones at most risk.

The past decade has witnessed incredible innovation in global capital markets, and the rapid pace continues. Regulatory changes designed to seek risk mitigation and boost transparency as well as enhance asset stability have drastically changed the economics of capital market technology demands and business models.

And JPMorgan’s new healthcare unit invests $50m in Vera Whole Health.

The lack of available online banking options will be a dealbreaker for most.

Escalation of the pandemic in Thailand will significantly affect business activity in H2.

About $8b were added in Q2.

Binance Labs, the venture capital arm and incubator of Binance, today announced its strategic investment in NFKings, a leading NFT creatives and production company with over 100 intellectual properties (IPs), to contribute to building a sustainable digital creativity space.

Over 140 banks were awarded in this year’s programme.

Banks have to remain consistent and continuous in testing best practices.

For PwC’s Asia Pacific Financial Services leader, the lines between business, digital, and technology are blurring.

About 750 new accounts have been opened in four APAC markets through the new portal.

It opens up new revenue models and lowers the cost-to-serve.

More banks and institutions are exploring its use for payments and cross-border transfers.

It will be used to extend foreign currency trade to local banks and businesses.