Fintech: A New Frontier in Finance


The many sides of financial technology, and the risks involved.

In the world of finance, there is a consensus that technology-driven change is inevitable, and that it brings with it massive potential for disruption.[1] Central banks and supervisory authorities meet internet challenges to their financial systems by communicating their intentions to the public on their websites.

Most of them have set up dedicated units for monitoring developments. [2] Among the leading ones in Asia are the Peoples’ Bank of China (PBC), the Hong Kong Monetary Authority (HKMA), the Monetary Authority of Singapore (MAS) and Bank Negara Malaysia (BNM).

Compared to advanced economies, those in the Asia Pacific region have a tremendous untapped potential in finance. The region is a very significant unserved market, particularly South-East Asia, China and India.

To read the rest of the article and to access our e-Archive, subscribe to us for RM150 a year.

Related Articles

Mar 2015

Managing longevity risk: Do not go gentle into that good night

Longevity risk has consistently been underestimated, leading to potentially serious economic implications.

Nov 2014

Malaysian bank giants merging?

What might happen when CIMB Group Holdings Bhd, RHB Capital Bhd and Malaysia Building Society Bhd merge? The answer could be the biggest bank in Malaysia with a whopping US$200bil worth of assets.

Oct 2011

Manning The State Government

The implementation of minimum wage may not have much of an impact on income distribution, but are wages reflecting productivity?