Banking Technology
BNPL, digital wallets accelerates growth of e-commerce fraud: study
BNPL, digital wallets accelerates growth of e-commerce fraud: study
Global e-commerce fraud will exceed $48b in 2023, and 22% will be from Asia.
Does the future of banking lie in the metaverse?
Virtual reality may be the answer to more digitally optimized financial services that does not sacrifice personalisation.
Standard Chartered unveils digital trade portal Trade Track-It
Customers can track vessels and check sustainability compliance.
Australian banks’ cyber risk growing: S&P
Regional lenders are most vulnerable, especially to a data breach.
Regulators are the key to manage APAC banks rising cyber risks: S&P Global
The analyst said data breaches could prove crippling for individual banks.
South Koreans’ internet banking use up 6.9% in H1
There are about 18.82 million use cases per day in Korea.
St. George Bank tops Australian banks in digital experience net satisfaction: study
Auswide Bank received a negative net satisfaction score for their range of digital products.
Citi, Yahoo launch personal finance hub Life and Money
It is hosted on Yahoo Finance in Singapore.
Standard Chartered, MonetaGo launch service to avoid duplicate financing fraud
It is accessible via SWIFT’s global API.
E-Invoicing in Japan: Innovation Opportunities from a Treasurer’s Perspective
Electronic invoice (e-invoicing) is a system to digitize qualified invoices that are mandatory for the deduction of purchase tax under Japan’s...
SWIFT rolls out pre-payment prediction service for cross-border payments
It identifies possible problems in the future payment based on previous data from 9 billion transactions.
Indonesia’s finance and banking sector second most cyber-attacked industry
Financial institutions were attacked triple the average global every week.
2 in 5 Filipinos name fraud protection as top priority when opening new financial account
About 4.5% of those surveyed have been victims of identity theft.
UnionBank transforms wealth digital platform with Avaloq
It will standardize the front, middle, and back office of UnionBank’s wealth mgmt functions.
HSBC appoints Shayan Hazir as Chief Digital Officer for ASEAN
The former GLMC head has over 18 years of bank leadership experience under HSBC.
Data is the bane and boon of addressing sustainable investment gap
Wielding this tool the right way is key to pushing and meeting ESG goals, says Experian’s Sisca Margaretta.
BRImo superapp offers digital account opening for Bank Raya
The gig economy-focused digital bank now has over 700,000 users.