Why AirAsia’s embryonic bank faces headwinds

Challenges include developing risk-management skills as well as rising consumer awareness of data privacy. Overcoming these might take more than a zero mark-up on FX transactions.

Alison Tudor-Ackroyd

March 19, 2018

AirAsia’s launch of a financial services firm has a lot of mileage given the quantum of data the budget airline generates on its passengers, but the challenges to building a profitable lender are substantial.

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