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Banking Technology

Cloud vs virtualisation: What do bankers prefer?

1591 reads

HSBC says cloud is a more powerful concept but CIMB warns it still needs to prove its readiness to handle mainstream financial services applications. Read ››

ECB’s LTRO program

余雅倫 (Sun East 孫東)
BY 余雅倫 (SUN EAST 孫東)
1954 reads

When you create a loan program to save the EU banks and make its participation voluntary, every one of those 523 banks that participates is basically admitting that they have a problem. Read ››

Is outsourcing still relevant for banks?

Ajay Kotkar
BY AJAY KOTKAR
2546 reads

It all started in the 1980s when Outsourcing first come into sight in the IT industry. Read ››

To RFP or not to RFP

Tapan Agarwal
BY TAPAN AGARWAL
2559 reads

IBS has recently come out with its Sales League Tables for the year ended December 2011. Read ››

Mobile banking to give cash a run for its money

1512 reads

And who knows, cheques may even become obsolete someday; find out what CIMB's Iswaraan Suppiah and HSBC's John Laurens have to say about mobile banking. Read ››

GRGBanking signs contract with Philippines' ECTK Solution

1519 reads

ECTK will buy ATMs H22N/L and E300L from GRGBanking to provide service to local banks and financial institutions. Read ››

GRGBanking's total profit up 13% to US$94m in 2011

1250 reads

Its revenue also rose 21% to US$331.59m. According to a release, GRG Banking Equipment Co., Ltd. Read ››

GRGBanking to launch Cash-4-All suite in Miami, USA

1495 reads

The official launch will be on March 11-14. According to a release, Cash-4-All, GRG’s new Intelligent Cash & Cassette Management Solution will be officially launched on March 11-14, ICCOS America 2012, Miami, USA. Read ››

First GRG ATM put online for Commercial Bank of Ceylon

1538 reads

GRGBanking's H22N ATM was put online on February 2012. According to a release, the first GRG ATM was put online on February 2012 for Commercial Bank of Ceylon, the “Best Bank” in Sri Lanka, called by Global Finance magazine. Read ››

Virtual businesses set to grow, but what are the implications for business banking?

Johnny McGinley
BY JOHNNY MCGINLEY
2791 reads

A report released this month by Cushman & Wakefield property consultants found that Asia is in the midst of a boom in business office rents. Read ››

How foreign investments in Indonesia continue to grow

Robert Andriessen
BY ROBERT ANDRIESSEN
2661 reads

BKPM (Indonesia Investment Coordination Board) expects foreign investments to grow to USD 19,2 billion in 2012 from USD 18,7 billion. Read ››

Realsec certifies compliance of GRGBanking

1379 reads

Realsec certified the compliance of the EPP-002 model of GRGBanking with their Cryptosec Remote Key Loading (RKL) which based on cryptographic HSM last November. Read ››

GRGBanking unveils story behind Myanmar's 1st ATM in 8 years

1893 reads

The story was revealed during the China ATMs 2012. GRGBanking attended China ATMs 2012 to reveal story behind the launch of the first GRG ATM in Myanmar, Feb 14 to 15, Ritz-Carlton, Financial Street, Beijing, China. Read ››

ATM makers hope to squeeze cash out of system

2554 reads

New software even plans out more efficient truck delivery routes. Read ››

GRGBanking presents cash recycler in Europe

1699 reads

The Multi-Function Cash Recycler H68NL works with Palm Vein Biometric Solution and Video Analyzer Tool. Read ››

Asia Pacific set to lead investment in retail banking technology

Johnny McGinley
BY JOHNNY MCGINLEY
3151 reads

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Singaporean banks asked to speed up security implementation

1801 reads

MAS urged banks to quickly implement new measures to enhance the security of the retail payment infrastructure. Read ››

More money in the bank awaits IT providers

1898 reads

Retail banking IT spending in Asia-Pacific is pegged to increase by over US$7bn. Read ››

ICBC delivers heartfelt electronic banking services

1426 reads

A total of 1658 ICBC Telephone Banking call desk staff were on duty during the New Year holiday just passed, attending over 500,000 incoming calls from customers. Read ››

HDFC starts offering trading app for smartphones

1730 reads

The technology is equipped with sophisticated features to ease clients’ trading, transaction and market information gathering. Read ››

ICICI Bank to establish presence in Facebook

1772 reads

Opening account in the social networking site is one of its strategies to continue providing "superior banking services. Read ››

China banking watch

Alicia Garcia-Herrero
BY ALICIA GARCIA-HERRERO
2614 reads

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Co-operative Banking Group seals deal with Teradata and Microgen

1987 reads

This is Teradata’s first partner bid with Microgen. Read ››

GRGBanking’s ATM location analyzer pilots in Turkey

2107 reads

F@ST Abacus was employed by a Turkish bank to manage its off-site ATM location selection process. Read ››

Why banking is changing for good

Steve Bertamini
BY STEVE BERTAMINI
3289 reads

Imagine having instant and total control of your money. To spend, save, invest and pay whenever you need to just by tapping your finger or saying the word. Read ››

SBI kicks off mobile banking scheme for villagers

1730 reads

Villagers only need to produce a certificate from the headman along with photographs for opening of accounts. Read ››

GRGBanking produces first ATM in Myanmar in 8 years

2075 reads

The last ATM in the country was launched by Co-operative Bank back in 2003. Read ››

High speed banking: Spurring growth in Asia

Richard Davies
BY RICHARD DAVIES
2395 reads

Asia Pacific: rapid growth in fast payments The Asia Pacific payments market is sometimes seen as slower than that of the west. Read ››

India’s ING Vysya Bank implements Nucleus Software's FinnOne

1875 reads

The bank’s auto loan, home loan, personal loan, education loan and consumer loan functions are now automated. Read ››

OCBC Bank offers innovative online banking experience

2052 reads

Upgrades in user interfaces and features offering simple and intuitive solutions pave the way to the next generation of banking experience. Read ››

RED SEGURA and GRGHK unveils multi-vendor solution to eliminate use of magnetic cards

1476 reads

RED SEGURA's kit converts any ATM into an NFC/RFID/QR ATM ready while maintaining support for legacy EMV and magnetic cards. Read ››

GRGBanking to develop Myanmar’s national financing switching

1865 reads

GRG also signed the agreement with MIT to develop the Myanmar Payment Union. Read ››

Commonwealth Bank starts offering mobile payment app

1426 reads

The bank has introduced app for iPhone, Android and Windows 7 and for iPads and Android tablets. Read ››

Standard Chartered employs Juniper networks infrastructure

1411 reads

The bank has also deployed Juniper Networks SRX1400, SRX3400 and SRX3600 Services Gateways for its security capability set. Read ››

Bank Central Asia starts offering BlackBerry banking service

1808 reads

The lender taps Indonesia’s 3mn BlackBerry users and 4.7mn of its mobile banking customers. Read ››

Westpac New Zealand and IBM renews IT deal

1694 reads

Renewal of contract shows the lender’s trust in IBM’s advanced technologies which create additional synergies, flexibility and choice for users. Read ››

Bank Mandiri strikes deal to join BCA ATM network

1903 reads

The MOU seen as a positive development toward broader and more efficient banking services in Indonesia. Read ››

Oracle’s new app supports compliance requirements for Islamic banking products

1797 reads

Oracle Financial Services Basel II enables banks to meet Islamic Financial Services Board Guidelines for capital adequacy. Read ››

Bank of China to employ GRGBanking cash reconciliation solution nationwide

1602 reads

F@ST Liquid Data is mainly for the reconciliation between ATM Switch data, ATM Journal data and branch data. Read ››

GRGBanking's net profit rose to US$ 42.86m in H1 2011

1864 reads

Its overseas revenue also surged an amazing 591.9% to US$41.96m. Read ››