Banking Technology

OCBC to roll out face verification in eight Singapore ATMs

The bank will extend the technology to all of its ATMs in Singapore progressively.
2 months ago

OCBC to roll out face verification in eight Singapore ATMs

The bank will extend the technology to all of its ATMs in Singapore progressively.
2 months ago

Thailand readies foundations for digital banking

In a surging digital economy, the country is poised to make its mark.
2 months ago

Mizuho Bank's latest system failure unveils control, operational risks: Moody's

Half of its ATMs in Japan shut down on 28 February despite a $3.7b system upgrade just two years ago.
2 months ago

HDFC Bank says internet banking issues 'resolved'

Its repeated technical glitches pushed India’s central bank to take action.
2 months ago

Goldman Sachs Asset Management adds BEA as Hong Kong retail market partner

Local retail investors can now access GSAM’s fund through seven retail distributors.
2 months ago

DBS launches facial biometrics feature for online corporate account opening process

SME business owners need only to face the camera to authenticate their application.
2 months ago

Deutsche Bank launches payments platform for Thai corporate clients

It will facilitate local collections through payments platform provider 2C2P.
2 months ago

LINE Bank granted operational licence in Taiwan

It will launch retail banking services in H1 2021.
3 months ago

How exponential tech drove Asian banks' business transformation

The webinar discussed trends in digitisation and how banks are effectively using data to enhance processes.
3 months ago

Singapore central bank amends rules on managing tech risks

Financial firms should analyse and share threat intelligence within the ecosystem.
4 months ago

Bitcoin price tops $36,800 in South Korea

Investors see the virtual currency as a safe asset amidst new coronavirus outbreaks.
4 months ago

How to build a future-ready bank amidst a crisis

Consumers are willing to trade their personal info for more tailored service offerings, says Accenture's Paul Ng.
4 months ago

Protecting consumer banking in a mobile era

With smart phone usage growing year over year, mobile banking is the preferred method of customer engagement with banks. In Singapore alone, a third of the adult population is projected to have a digital bank account by 2025. We can expect this number to grow rapidly with the recent announcement by the Monetary Authority of Singapore (MAS) on awarding digital full bank licences to non-banks. This move means the increase in personalisation and convenience for consumers, with all-in-one banking services at their fingertips 24/7.
4 months ago

Financial services sector transformation gathers pace with COVID-19

Without a doubt, COVID-19 is rapidly changing the way business is done and this is visible across industries. For players in the financial services sector, in particular, customer interactions are swiftly switching from physical to digital.
4 months ago

Citi APAC Treasury and Trade Solutions appoints new leaders for data, innovation

Citi Asia Pacific Treasury and Trade Solutions (TTS) has appointed new leadership for data and innovation, effective immediately.
5 months ago

Bangkok Bank unveils Thai conversational AI engine

It has achieved a 96% accuracy rate, based on internal tests by the bank.
5 months ago

Validating digital IDs too complex for Malaysian banks: survey

Half of respondents said processes are still too manual.
5 months ago