Financial crime
Financial crimes to continue to squeeze bank profits
Financial crimes to continue to squeeze bank profits
More sophisticated crooks and stricter rules are expected to increase compliance costs.
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1. South Korea’s motor insurance grows 2.4% in 2025 with rate hikes 2. Banks embrace wealthtech as $2.95t domestic pool grows 3. India life insurers post steady May growth despite policy volume drop 4. Asia sees sustained growth in construction insurance in 2024 5. APAC healthcare workers voice concerns over AI, data gapsResource Center
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25
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Malaysia Technology Excellence 2025 Winner: Cho Shi Chong of Malaysian Communications and Multimedia Commission
Cho Shi Chong, Chief Financial Officer at the MCMC, shares how the organisation is pioneering government e-payment automation and financial integration.