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Articles and opinions by Foo Boon Ping

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US banks grapple with COVID induced fall in transaction volumes while financial markets business shines
Date: Nov 23, 2020   |   Author: Foo Boon Ping | Sibos Round Up
Heads of cash, trade and treasury of three leading US transaction banks discuss the impact of COVID-19 on trade and payment flows as well as industry outlook for APAC, and how they are helping FI and corporate customers address challenges during the current crisis
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Krungthai Bank’s Srivanich: “My aspiration is to establish the next normal in digital banking”
Date: Nov 09, 2020   |   Author: Foo Boon Ping | Interview
The president and CEO at Krungthai Bank, Payong Srivanich, discusses the bank’s digital reinvention to enhance customer experience by improving service delivery; investment in technology as well as support for the community and small businesses
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The stock market recovery in the US is uneven, with some sectors lagging behind
Date: Sep 21, 2020   |   Author: Foo Boon Ping | Trendwatch
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.
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Vietcombank’s Nghiem: “Becoming digitalised is the future for banks”
Date: Sep 13, 2020   |   Author: Foo Boon Ping | Interview
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.
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TPBank's Nguyen: "Technology is only one-third of the answer"
Date: Sep 11, 2020   |   Author: Foo Boon Ping | Interview
TPBank CEO Nguyen Hung shares how the bank’s digital transformation is being anchored not just on technology, but also right mindset of its staff and process.
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BCA’s Setiaatmadja: “Accelerating digital strategy vital to growing customer base and business stability”
Date: Sep 10, 2020   |   Author: Foo Boon Ping | Interview
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
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5G will drive the “financial new normal"
Date: Aug 13, 2020   |   Author: Foo Boon Ping | Sponsored content
Shenzhen-based Chinese tech giant Huawei held its Asia Pacific Financial Industry Storage Summit 2020, on 13 August to address the latest trends, developments, and challenges in data storage
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Our thoughts are with all friends, their families and the people of Lebanon
Date: Aug 10, 2020   |   Author: Foo Boon Ping | Editorial
Beirut was hit by massive explosions on 4 August 2020 that wreaked widespread damage to the city and significant loss of lives. Our thoughts are with the people of Lebanon during this difficult time.




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