Banking Technology

OCBC, Ant International team up on tokenised deposits

It aims for real-time, around-the-clock cross-border payments between Singapore and Malaysia.

Regulatory backing boosts LEI adoption in global payments

LEI expands from capital markets to payments, supply chains and ESG.

Convenience boosts high virtual bank adoption in Singapore, Hong Kong

Competitive rates and streamlined services drive digital banking popularity

Swift, UBS, Chainlink pilot tokenised fund settlements

The global mutual fund market is worth $63t.

Hong Kong’s digital banks play crucial role in developing the fintech ecosystem

Public acceptance of digital banks is increasing in the city.

APAC mobile wallet adoption driven by e-commerce growth

Immediate payment systems fuel continued expansion of mobile wallet usage.

Merchants demand quicker access to payments in APAC

Real-time payments and mobile wallets drive faster transaction processing for businesses and consumers.

Banks’ CX, customer loyalty to decline in 2025: Forrester

They may end up pushing away customers when they adopt digital strategies the wrong way.

Super-app growth reduces fraud risks in Southeast Asia

Southeast Asia's payment platforms lead globally.

UPI transforms real-time payments across India

UPI revolutionises payment methods for phone users.

Cross-border payments face complexity in African markets

Regulatory hurdles and currency challenges are slowing payment settlement.

Standard Chartered launches digital request quote module Autoquote 

Clients can request pricing quotations and get responses digitally.

Citi launches Token Services for Cash for institutional clients

It is expected to facilitate multi-million dollar cross-border liquidity and payments.

Thailand, Philippine central banks discuss AI, digital payments in bilateral meeting

They discussed the use of AI to support the central bank’s work, amongst others.

Why banks will be ‘invisible’ by 2030

They either become the platform or willingly lose their brand visibility.

Siam Commercial Bank’s Mae Manee App to undergo maintenance

It will be unavailable for a few hours each on October 11-12, 2024.