Banking Technology
e-CNY expansion may curb banking income: S&P Global Ratings
e-CNY expansion may curb banking income: S&P Global Ratings
It could reduce expenses for companies and facilitate international payments.
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.