Banking Technology

Open banking in APAC: leveraging data, API for better solutions 

Banks have to remain consistent and continuous in testing best practices.
3 days ago

Open banking in APAC: leveraging data, API for better solutions 

Banks have to remain consistent and continuous in testing best practices.
3 days ago

Virtual banking trumps branch banking in Southeast Asia: study

But less than half of consumers are impressed with the digital financial services currently offered.
7 days ago

Citi Commercial Bank enables digital account opening in Hong Kong, Singapore

About 750 new accounts have been opened in four APAC markets through the new portal.
9 days ago

Financial institutions now moving confidently to the cloud, leveraging data lakes, AI and machine learning

SmartStream’s Peter Hainz and Amazon Web Services’ Anna Green shared their insights on the advantages of on-demand and highly scalable cloud environments for banks and other financial institutions, as well as the factors hindering its adoption in the region.
9 days ago

Banks must leverage APIs to stay ahead amidst the open revolution: Deloitte

It opens up new revenue models and lowers the cost-to-serve.
14 days ago

ASEAN regulators ramp up blockchain adoption as tech expands beyond crypto: analysts

More banks and institutions are exploring its use for payments and cross-border transfers.
14 days ago

Hong Kong arrests 4 in alleged $155m crypto money laundering case: report

This is the first time that the city detected a money laundering case with cryptocurrency.
15 days ago

Secret Sauce for the Banking Industry

According to Singapore’s largest bank DBS, the volume of cash deposits and withdrawals fell by an unprecedented 11% in the first 3 months of 2020, a 6% fall from where the figure had been since 2017. Coupled with extraordinary growth in the adoption of e-payments, it’s safe to say that COVID-19 has altered consumer behaviour—and fast. 
16 days ago

1 in 4 in APAC plans to switch banks over the next year: study

48% are also interested in using digital-only banks to meet their needs.
16 days ago

The bank of the future: How to embrace AI and analytics

Banks must invest in transforming capabilities across all four layers of the integrated capability stack, says McKinsey & Co.
17 days ago

Standard Chartered, Cathay, Mastercard launch new credit cards

The credit cards will allow faster earning of Asia Miles and will also provide other privileges.
21 days ago

Strengthening business resilience through EPM

In today’s turbulent economy, the ability to make quick and sound decisions can make or break an organisation.

Hongkongers optimistic about BaaS: study

42% said that their organisation have been deploying banking-as-a-service (BaaS) in the last 12 months.
1 month ago

HSBC unveils new online trading platform for private bank clients in Asia

Clients can buy and sell securities in 10 markets worth up to US$10m daily.
1 month ago

Standard Chartered unveils supply chain tool for monitoring sustainability, resilience

Companies will be able to do a health check of their operations.
1 month ago

Japan's LINE launches digital bank in Indonesia

Indonesia is the third market in which LINE Bank is operating.
1 month ago

Hong Kong’s Airstar Bank pilots corporate banking services for SMEs

The pilot trial is open to 100 small and medium enterprises.
2 months ago