Taiwan Academy of Banking and Finance (TABF) 台灣金融研訓院

Global regulators have long understood the significance of credit risk, and they also understand the need to manage cybersecurity. Operational risk, which combines aspects of both concepts, has however only recently received more attention. Do you have a plan to manage a major system outage? Read more in the Taiwan Banker from David Stinson: https://lnkd.in/gc2_WHAf

We had the privilege of hosting an exceptional U.S. intern for four months at the Taiwan Academy of Banking and Finance (TABF). Their involvement in research and cross-cultural exchange brought fresh perspectives and meaningful contributions to our work.   At TABF, we value diversity and inclusion as key drivers of innovation and growth. Hosting this talented intern reinforced the importance of cultural exchange and collaboration while inspiring us to continue supporting future leaders in their development journey.   #DiversityAndInclusion #TalentDevelopment #Collaboration #Innovation #FinancialEducation

As the year comes to an end, we at TABF extend our sincere gratitude to our partners, colleagues, and supporters. Your trust and collaboration have been pivotal to our shared success, and we deeply value the journey we’ve embarked on together.   This holiday season, we wish you cherished moments with loved ones, exciting opportunities to grow, and a year ahead filled with health, happiness, and prosperity.   Thank you for your continued partnership. Wishing you a Merry Christmas and a successful New Year!   #SeasonGreetings #MerryChristmas #HappyNewYear #TABF #FinancialExcellence

We are thrilled to announce the successful conclusion of the 12th Elite Awards Ceremony, held on December 20 at the Elite Hall of the Taiwan Academy of Banking and Finance (TABF). This prestigious event, dedicated to recognizing financial excellence, fostering innovation, and setting industry benchmarks, marks another significant milestone in Taiwan's financial sector. The ceremony was graced with the presence of distinguished guests including Chairman Dr. Jin-Lung Peng of the Financial Supervisory Commission, Chairman Dr. Kuo-Liang Lin of Financial Information Service Co., Chairman Dr. Jiann-Jong Kuo of Joint Credit Information Center, Chairman Hsien-Nung Kuei of National Credit Card Center, as well as Chairman Dr. Paul C. D. Lei and President Dr. Yi-Cheng Kao of TABF. Together, we celebrated the outstanding achievements of Taiwan’s financial industry. This year, 79 financial institutions submitted 163 projects, and 61 exceptional entries from 32 institutions were recognized for their excellence in innovation, risk management, and sustainability. The Financial Inclusion Award – Anti-Fraud Initiative honored 9 exemplary projects for their commitment to safeguarding the assets of the public and promoting financial security. A special highlight was the Special Contribution Award, presented to Chairman Dr. Tien-Mu Huang of the Central Deposit Insurance Corporation, in recognition of his exceptional contributions to financial supervision and development. The Elite Awards Special Exhibition is now open at the Bankers' Salon on the first floor of TABF. This “Financial Art Museum” showcases innovative financial products, smart services, and sustainable development projects, emphasizing the value of inclusive finance. The exhibition runs from December 20, 2024, to March 15, 2025. 🎉 Congratulations to all the winners for their incredible achievements and contributions to the financial sector! 📲 Discover More: Visit our website for the full list of winners and exhibition details. 🔗 https://lnkd.in/d8mKrFhd #EliteAwards #FinancialInnovation #Sustainability #TaiwanFinance #TABF #InclusiveFinance

As BRICS softens its ambitions to directly challenge the US dollar, its focus shifts from dollar reserves to commodities like gold and petroleum, and from great powers to middle powers. The eventual membership of the initiative could determine its objectives and capabilities. Read more from David Stinson in the Taiwan Banker: https://lnkd.in/gaFcHb9K

We are excited to announce the 12th Elite Awards Ceremony, taking place tomorrow at the Taiwan Academy of Banking and Finance (TABF). This prestigious event celebrates the groundbreaking innovations shaping Taiwan’s financial industry. Whether you join us in person or tune in online, this is your opportunity to witness the future of finance. 🎥 [Live Stream: https://lnkd.in/dA2t7RP8 ] Since its inception in 2002, the Elite Awards have become a symbol of excellence and innovation in Taiwan’s financial sector. Known as the "Oscars of Taiwan’s financial industry," these awards recognize outstanding achievements that inspire progress and set new industry benchmarks. ◾️Innovation at the Forefront • 163 submissions from 79 financial institutions this year—a new record! • 61 exceptional projects recognized for their transformative impact on financial growth and innovation • Introduction of the Financial Inclusion Award - Anti-Fraud Initiative, spotlighting 9 standout projects advancing financial security and inclusive growth ◾️Elite Awards Special Exhibition Tomorrow also marks the launch of the Elite Awards Special Exhibition at TABF’s Bankers’ Salon. This three-month exhibit, inspired by a Financial Art Museum concept, highlights award-winning projects that combine cutting-edge technology, sustainable practices, and human-centered design to create more inclusive and secure financial solutions. 📅 Exhibition Period: December 20, 2024 – March 15, 2025 We invite you to join us as we celebrate the innovators leading the financial industry forward. Let’s shape the future of finance together! #EliteAwards #InnovationInFinance #FinancialExcellence #TABF #SustainableFinance

We are excited to announce the 12th Elite Awards Ceremony, taking place tomorrow at the Taiwan Academy of Banking and Finance (TABF). This prestigious event celebrates the groundbreaking innovations shaping Taiwan’s financial industry. Whether you join us in person or tune in online, this is your opportunity to witness the future of finance. 🎥 [Live Stream: https://lnkd.in/dA2t7RP8 ] Since its inception in 2002, the Elite Awards have become a symbol of excellence and innovation in Taiwan’s financial sector. Known as the "Oscars of Taiwan’s financial industry," these awards recognize outstanding achievements that inspire progress and set new industry benchmarks. ◾️Innovation at the Forefront • 163 submissions from 79 financial institutions this year—a new record! • 61 exceptional projects recognized for their transformative impact on financial growth and innovation • Introduction of the Financial Inclusion Award - Anti-Fraud Initiative, spotlighting 9 standout projects advancing financial security and inclusive growth ◾️Elite Awards Special Exhibition Tomorrow also marks the launch of the Elite Awards Special Exhibition at TABF’s Bankers’ Salon. This three-month exhibit, inspired by a Financial Art Museum concept, highlights award-winning projects that combine cutting-edge technology, sustainable practices, and human-centered design to create more inclusive and secure financial solutions. 📅 Exhibition Period: December 20, 2024 – March 15, 2025 We invite you to join us as we celebrate the innovators leading the financial industry forward. Let’s shape the future of finance together! #EliteAwards #InnovationInFinance #FinancialExcellence #TABF #SustainableFinance

At TABF, we remain steadfast in promoting the financial well-being of Taiwanese citizens through our biennial Taiwan Financial Lives Survey. This year, in collaboration with Shih Hsin University’s Institute for Knowledge Economy Development, Department of Finance, and Department of Social Psychology, we conducted an in-depth analysis of financial literacy, fraud awareness, and financial health across Taiwan.   Key 2024 Insights: • Fraud Awareness Strengthens: 65.72% of respondents feel confident in identifying and rejecting financial scams. • Rising Borrowing Needs: Homebuying and investment opportunities raised borrowing rates to 56.3%. • Improved Financial Health: Financially vulnerable groups decreased to 3.5%, reflecting a healthier financial landscape.   Our study also sheds light on critical behavioral and psychological traits among vulnerable groups, such as: • Gaps in emergency fund planning. • Overreliance on biased information sources. • Overconfidence paired with distrust in formal financial systems.   These findings emphasize the ongoing need for enhanced financial education and institutional support to build resilience and trust.   🌟 Dive deeper into the full report here: [https://lnkd.in/d-4Z2eV7]     #TaiwanFinancialLifeSurvey #FinancialInclusion #FinancialResilience #FinancialEducation #TABF

TABF’s Taiwan Financial Lives Survey 2024 has introduced focus group interviews for the first time. Although the overall proportion of those who believe they are financially healthy trended upward, interviewees mentioned several maladaptive behaviors, including chasing quick returns, using credit cards to earn points, difficulty understanding one’s finances, insufficient insurance planning, and overreliance on borrowing. Editor's note from the Taiwan Banker: https://lnkd.in/gHsnXNmC

TABF was privileged to join the 21st APABI Biennial Program in Mumbai, hosted by the Indian Institute of Banking & Finance (IIBF) from November 13 to 15, 2024. As a founding member and the APABI Secretariat, it was a meaningful opportunity for us to connect with esteemed members from 12 countries and exchange insights on advancing the banking industry. We are deeply thankful to IIBF for their warm hospitality and thoughtful organization, which made this event so impactful. During the program, TABF shared key updates on our progress in financial training development and contributed to discussions at the APABI Conference, themed "Paradigm Shift in Banking – Moving Towards a Resilient, Inclusive, and Sustainable Model." We were also honored to have our article, “Taiwan's Response to Increasingly Sophisticated Fraud Models with Financial Education,” featured in the special edition of Bank Quest, published for this program. You can read the article here: Bank Quest, October-December 2024. As the APABI Secretariat, we are sincerely grateful for the continued support from all member countries, especially for initiatives like the APABI Focus Quarterly Newsletter. Together, we remain committed to fostering a stronger, more inclusive, and sustainable banking future. Learn more about the 21st APABI Biennial Program here: https://lnkd.in/dvrV7n-x   Photo credit: IIBF #APABI #InternationalCollaboration #BankingInnovation #SustainableFinance #DigitalTransformation #TABF