Michael Araneta stories

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Michael Araneta is an insightful columnist who delves into the evolving landscape of financial services in the Asia Pacific region. His articles frequently explore the rapid advances in digital transformation, particularly in the wake of the COVID-19 pandemic.

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In his column on the swift innovation initiatives by APAC banks, Michael highlights how the pandemic has exposed significant technological gaps, compelling financial institutions to accelerate their digital transformations. He notes the striking rise in customer adoption for digital banks.

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Another of Michael's articles discusses the unprecedented investment in innovation among financial services companies, with the pandemic driving a wave of digitisation. He reveals that 66% of these organisations are now prioritising innovation.

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Michael also examines the urgent need for better crime management solutions within Australian financial institutions. According to his insights, nearly all of these institutions intend to overhaul their in-house financial crime management systems within the next three years, based on an IDC report.

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