As global demand for tech talent grows, could central Asia become a technology hotspot? 

India’s real-time payment system UPI appears to have defied the odds in becoming the digital payments channel of choice for a country of 1.4 billion.

India’s real-time payment system, UPI, appears to have defied the odds in becoming the digital payments channel of choice for a country of more than 1.4 billion. As other countries look to replicate this success, there is more to it than simply adopting the technology.

Indian banks’ unbridled lending to carbon-intensive sectors is facing investor scrutiny amid fears of rising transition risks. 

Pakistan’s goal of making all banking assets sharia-compliant by 2027 remains a realistic prospect says Meezan Bank’s founding president and CEO, Irfan Siddiqui.

Pakistan’s former central bank governor talks to Middle East and Africa editor John Everington.

The country is an outlier internationally, with a large proportion of AT1s held by domestic retail investors. Regulator Apra believes this would make it particularly challenging to use AT1s during the recapitalisation of a bank in resolution.

The ADB’s senior climate envoy calls for a less fragmented approach to climate finance and talks about a new path for financing decarbonisation and boosting resilience to extreme weather events.

The guide provides a snapshot of regulatory frameworks and licensing schemes for payments in eight Asian markets — but it is no substitute for legal advice.

Andrew Cross, chief financial officer at the Asian Infrastructure Investment Bank, gives his perspectives on climate change commitments, possible challenges ahead, and the bank’s upcoming priorities.