Banking Technology

DBS Digital Exchange poised to become key player in digital assets 

The members-only exchange is one of the world’s first bank-backed digital exchanges.

DBS Digital Exchange poised to become key player in digital assets 

The members-only exchange is one of the world’s first bank-backed digital exchanges.

BRI employs AI ‘brain’ to merge its digital and physical presence

BRIBrain has helped the bank reduce loan application times from 2 weeks to 2 minutes

UnionBank joins sandbox for digital currency use

The sandbox will evaluate CBDC use cases.

Mizuho Bank to invest $61m in Philippine digital bank operator Tonik Financial

The bank hopes to cash in on the Philippines growing digital finance sector.

MAS slaps S$930m additional capital requirements for DBS

This comes after the bank’s digital services went offline in November.

Maybank SG new banking app enables online SME current account opening

The new Maybank2u SG (Lite) app offers e-angbao gifting and other money management features.

Mizuho submits business improvement plan following tech failures

Mizuho most recently saw disruptions to its corporate online bank services on 11 January. 

Standard Chartered appoints Roel Louwhoff as chief of tech, operations, and transformation

He replaces current COO David Whiteing, who is moving back to Australia.

Curbing Financial Crime Using Data Analytics 

Over the past few years, the use of data has grown exponentially as businesses adopt a digital-first approach.  

Why Siam Commercial Bank is transforming itself into a fintech group

With its reorganisation, the group plans to expand to a customer base of 200 million.

Mizuho reports disruption in corporate online banking services

This comes almost a year after Mizuho suffered system failure in early 2021.

Taipei Fubon Bank to build new wealth management platform

The new platform will be launched in Hong Kong and Singapore before its Taiwan roll-out.

Banks will lean further on tech to tackle 2022 security challenges

Covid-19 has driven large-scale growth in online banking, dramatically increasing the volume of sensitive customer data that’s available to steal. 

Five ways technology will reshape the banking landscape in Asia in 2022

While the impact of Covid has been hard felt by the financial services industry both in Asia and globally, the resulting challenges have provided the...

China’s new foreign-friendly financial market brimming with opportunities, but limits still abound

If authorities remove the “execution-only” restriction in WM Connect, money flows in the channel could grow ten times bigger than the $22.5b quota...

Goldman Sachs, Amazon launch suite of cloud-based data and analytics solutions

Institutional clients may accelerate time-to-market financial applications.