Banking Technology

Automation boosts efficiency in treasury

Excellence in treasury management is key to superior financial performance.

Mastercard on why biometrics is the future of secure payments

Today it’s a finger tap, tomorrow you may only need your face to pay, says Mastercard’s Karthik Ramanathan.

BSP onboards first non-bank e-money issuer in real-time settlement system

OmniPay no longer needs an existing RTGS participant to sponsor their settlement.

Banking sector leverages Gen AI for enhanced productivity

Banking industry is expected to reap $200 to $340 billion USD largely by using generative AI to increase productivity.

Cross-border payments, embedded finance to be boosted in 2024: analyst

Embedded financial services will become increasingly popular during the year.

Korean central bank inks deal to develop system for testing CBDCs

LG CNS Co. will develop a set of systems for the test.

StanChart SG onboards 10,000 clients in SC Inner Circle

These clients deliver feedback and insights on initiatives and products.

Traditional finance and crypto can work hand-in-hand, says DigiFT CEO

DigiFTs CEO Henry Zhang advocates growth through collaborative innovation, risk management, and regulatory compliance in finance.

JCB contactless payments now available in the UK

In 2024, JCB plans to enable contactless payments in the remaining 80% of UK Worldpay terminals.

The Bank of East Asia builds data lakehouse for predicting trends, better CX

BEA will deploy a range of data analytics solutions from Google Cloud.

How banks can ensure customer safety in Gen AI adoption

Gen AI is expected to add up to US$340b in new value to banks. But obtaining a slice of this will not be an easy process.

Alipay+ launches year-end sustainable travel campaign in Asia

Travelers will be rewarded for bringing their own toothbrushes, amongst others.

Laos, Vietnam ink MOU for cross-border QR code payment linkage

The MOU will facilitate the use of local currencies in retail payments in the two countries.

How NETS is helping SMEs get the right data to raise their revenue

NETS has a network of about 10 million cards and 130,000 payment touchpoints in Singapore.

Gen AI to add up to $340b new value to banks: McKinsey

It will add $56b and $54b in new value to corporate and retail banking, respectively.

HSBC SG's Tancy Tan on balancing risk and innovation in AI adoption

COO Tancy Tan says the bank currently runs over 100 use cases for generative AI.