Banking Technology
Siam Commercial Bank advised to overhaul mobile app: analysts
Siam Commercial Bank advised to overhaul mobile app: analysts
Its app logged 26 failure occurrences in 2023, UOB Kay Hian analysts said.
What businesses should prioritise in generative AI adoption
Banks should focus on integrating new technology into banking processes without forgetting that humans are at the center.
Banks urged to exit low-return businesses to clinch $7t value: analysts
They must also simplify business models and embrace their “tech” identity.
Thailand’s Krungsri teams up with Klook to elevate position in travel market
Exclusive privileges will be offered to the bank’s customers.
BRI’s BRImo app now has 30.4 million users
There were only 2.9 million users in 2019, in comparison.
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.
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