Financial Technology

Maximizing the cloud in financial institutions

Virtually every industry today is considering migrating to the cloud. More so, considering the potential benefits and its impact on the way...

Commentary

Maximizing the cloud in financial institutions

Virtually every industry today is considering migrating to the cloud. More so, considering the potential benefits and its impact on the way...

Commentary

How to close the budget gap before it’s too late

A key role of the finance team in any commercial organisation is to co-ordinate the annual budgeting or fiscal planning process and then to provide...

Commentary

Which way is the wind blowing for Asian CFOs?

Let’s face it: those developed economies, that once were the ones spinning the globe including Japan, are currently fire-fighting their daily affairs...

Commentary

How algorithmic trading is accelerating the IT Infrastructure arms race

The next generation of cross-border electronic trading is gaining strong traction over the past few years in the global financial markets. Ironically...

Commentary

OCBC invests S$20 M in account opening system in Singapore

OCBC Bank launched of its new S$20 million account opening system at all 56 OCBC Bank branches in Singapore.

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Bank Indonesia sees need for e-money regulations

Bank Indonesia is calling for regulators to monitor purchases and banking transcations made through cellphones.

News

Citi appoints Sanjeev Jain as Head of Global Transaction Services for Indonesia

Jain was previously GTS’s Regional Head of Public Sector, Asia Pacific.

People

The wallet of the future

Mobile financial services (MFS) today encompass a variety of offerings from mobile banking, bill and credit card payments to money transfer and...

Commentary

India's non banking financial firms asked to phase out use of cheques

As part of its green initiative, the Reserve Bank today asked all non-banking financial companies (NBFCs) to gradually phase out use ofcheques and...

News

MAS lifts penalty on DBS bank for online disruption

The penalty imposed on DBS Bankby the Monetary Authority of Singapore for the disruption to its online and banking systems in July has now been...

News

8 out of 10 CMO’s to increase social media use in 3-5 years

And nearly 1,700 chief marketing offers believe that the digital media era is evolving the field.

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Indonesia's ATM networks to be integrated by 2012

The integration of three ATM providers into a combined system should be completed by the end of 2012, a central bank official has said.

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Huawei to introduce virtual ATM

Huawei Technologies will introduce the virtual ATM service in Malaysia next month.

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FMB's online transaction disputes reach 3,000

The Financial Mediation Bureau is handling some 3,000 cases at the moment with the increasing number of disputes in online transactions.

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Banks Urged To Rethink Traditional IT Security Practices

Banks and financial institutions should rethink their traditional network security practices as mobile devices proliferate, bandwidth demand expands...

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Hanoi-based bank to streamline ops with Polaris platform

Vietnam government-owned bank headquartered in Hanoi will use Polaris Software Lab's Intellect Global Universal Banking M180 platform to centralise...

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