Future of Finance (2024)

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Going big in Asia: How businesses are leveraging platforms to fuel growth

Technology provides the tools to aggregate and analyse vast amounts of data to increase transparency and build client trust.

What’s next for financial services in AI and tech

‘At Prudential, we view technology as a key enabler in how we serve our customers and our financial representatives, allowing us
to provide a more personalised, efficient and effective service and enhance the human connection that’s at the heart
of the insurance industry,’ says 
Prudential Singapore chief information technology officer Tomasz Kurczyk.
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How Prudential is harnessing AI to shape the future of life and health insurance for every customer

Singapore, Thailand, Malaysia, Indonesia, and Hong Kong have noted an increased adoption of digital payments, including mobile wallets and QR codes. Yet, digital money implementation is largely in experimental phases.
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Digital assets have wide range of benefits and harmonising regulations is key to wider adoption

The potential of personalised banking solutions and tailored financial products delivered with higher accuracy are all part of quantum computing’s promise.

Quantum computing: banking’s next revolution

AI algorithms, while sophisticated, can sometimes feel impersonal. Successful deployment of AI hinges on integrating its tools into a broader, relationship-driven service model that enhances trust, rather than diminishing it.

Banking on AI for a smarter future

‘Having experience supporting generations of entrepreneurs, we know that giving young businesses access to the right network can make the difference between
a fledgling and a future unicorn,’ says
Priya Kini, head of commercial banking, HSBC Singapore.
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Serving new economy businesses with future-focused payment and trade solutions

With a population of more than 675 million in South-east Asia, there is huge potential in the growing Asean digital economy, which generated more than US$100 billion in revenue in 2023.

How digital banking drives regional connectivity

‘Banks must help customers improve their financial literacy, and not only provide
bite-sized investment and insurance solutions, but also offer personalised insights and advice to help close any
financial gaps,’ says Evy Wee, group head of regional financial planning and advisory solutions at DBS, underscores the bank’s commitment to ‘do well by doing good’.
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DBS doubles down on financial wellness to tackle Asia’s ageing needs

According to the Bank of England, global cross-border payment flows are projected to surge from almost US$150 trillion in 2017 to over US$250 trillion by 2027 – a rise of over US$100 trillion in a decade.

Achieving more efficient and compliant cross-border payments