NextWave Banking in Asia-Pacific: Recent Episodes
EY
Asia-Pacific banks are facing existential threats from technology company disruptors, economic uncertainty, business transformation, capital inefficiencies and COVID-19. The EY NextWave Banking in Asia-Pacific Podcast features experts from the world of the Banking and Capital Markets (BCM) sector offering insights and analysis on a wide range of topics that will help banks reinvent themselves to emerge stronger and leaner than ever.
Cyber attacks have caused unprecedented disruption and financial damage across various industry sectors. This gave rise to the pressing need for cyber resilience in Asia-Pacific financial services institutions, with a particular focus on banks. But what are the approaches necessary for leadership teams to develop the capabilities required to protect their institutions from cyber threats and ensure business continuity?
Join Gajan Ananthapavan, Tech Area Lead for Security Operations, Intelligence, and Influence at ANZ, and Rohit Rao, EY Asia-Pacific Financial Services Cybersecurity Leader, with Clare Sporle, Partner, Financial Services, Ernst & Young, who is based in Australia, as they explore the role of cyber resilience as a critical strategic priority for Asia-Pacific banks.
In this episode, we also reveal actionable approaches to integrate cybersecurity into everyday operations and discuss strategies to combat cyber attacks and transition from a reactive crisis mode to business as usual.
If you would like a conversation on how EY teams can help your bank to navigate digital innovation, new business models and ecosystem partnerships in order to transform and achieve growth, please contact Andrew Gilder, EY Asia-Pacific Banking and Capital Markets Sector Leader via LinkedIn or visit www.ey.com/banking.
We are all witnessing the evolution of the payments industry. The fast-changing and dynamic payments landscape has enabled banks to focus extensively on agility and scalability as customer expectations continue to transform. Moreover, banks are drawing inspiration from digital players in adopting their digital payments model and considering innovative partnership strategies with FinTechs. This has changed the way banks engage with customers and made us reimagine the role of banks moving forward and the speed of change we expect in the coming years.
In this episode of the NextWave Banking in Asia-Pacific podcast, Clare Sporle (EY Financial Services Partner) is joined by Ethan Teas (Executive General Manager Payments, Commonwealth Bank of Australia) and May Lam (EY Financial Services Consulting Partner, EY Asia-Pacific Payments Leader, and EY Oceania Fintech Leader) to discuss macro megatrends impacting payments in Asia-Pacific, changing customer behaviors and preferences post-pandemic, the adoption of PaaS (Payments as a Service) and how banks should be considering this new model going forward.
Everyone knows that staying afloat in today’s fast-moving, transformative business environment means using technology to enable increased agility. It’s not enough to adapt to what’s happening now – the key is to be prepared to adapt to what comes next and beyond.
In this episode of the NextWave Banking in Asia-Pacific podcast, host Andrew Gilder and guest speakers, Saurabh Dhingra (EY-Parthenon ASEAN Financial Services Strategy Leader) and Aman Narain (Global Head of Platforms, HSBC), examine the role of platforms and curating ecosystems in creating opportunities for players within the banking industry, and how these ultimately enhance the customer experience.
Asia-Pacific banks have largely moved cautiously and in lockstep these past years, resulting in offerings that are increasingly commoditized. To emerge from the shadow of COVID-19 and achieve distinctiveness among their peers to pull ahead of the pack, they need to take more decisive actions to eke out fresh approaches for accelerated growth. Only then, can they transform and transition to top-decile performers that are more resilient and future-ready for tomorrow.
In this episode, we discuss the transformational trends in consumer banking and the role of technology and digitization in creating opportunities for the existing and new players, the role of FinTechs and neobanks in tilting the competitive playing field toward areas where they enjoy advantages, and the likely sentiment of banks as they look to evaluate and expand their presence to capture a large market share. Tune in to a conversation with EY Banking & Capital Markets leaders, Jan Bellens, Tzu-Chung Liang, and Andrew Gilder.