Banking Technology

Open Banking Set To Transform The Finance Sector

Open Banking Set To Transform The Finance Sector

There is a revolution going on today in the banking industry. Those bastions of privacy and money management are doing the unthinkable - with consent...

Improving operational efficiency and decision making through increased use of AI and machine learning

SmartStream’s Robin Hasson and Andy Burner, together with Standard Chartered’s Vikram Gupta discussed their thoughts on the increased demand and...

OCBC Bank and SAS wage war on fraud with award-winning digital surveillance system

The proactive fraud detection system helped OCBC recover $8m worth of fraudulent transactions.

Japan’s Mizuho suffers nationwide ATM glitch

This follows a series of technical problems since Friday.

Vietnamese neobank Timo partners with Mambu to offer cloud-core banking services

Vietnam’s banking industry is ripe for disruption with low financial inclusion but high smartphone ownership.

ABA Bank was recognised with the Domestic Retail Bank of the Year - Cambodia at ABF Retail Banking Awards 2021

Their remarkable milestones and outstanding figures led them to be at the forefront of modern finance and digital transformation.

Open banking in APAC: leveraging data, API for better solutions 

Banks have to remain consistent and continuous in testing best practices.

Virtual banking trumps branch banking in Southeast Asia: study

But less than half of consumers are impressed with the digital financial services currently offered.

Citi Commercial Bank enables digital account opening in Hong Kong, Singapore

About 750 new accounts have been opened in four APAC markets through the new portal.

Financial institutions now moving confidently to the cloud, leveraging data lakes, AI and machine learning

SmartStream’s Peter Hainz and Amazon Web Services’ Anna Green shared their insights on the advantages of on-demand and highly scalable cloud...

Banks must leverage APIs to stay ahead amidst the open revolution: Deloitte

It opens up new revenue models and lowers the cost-to-serve.

ASEAN regulators ramp up blockchain adoption as tech expands beyond crypto: analysts

More banks and institutions are exploring its use for payments and cross-border transfers.

Hong Kong arrests 4 in alleged $155m crypto money laundering case: report

This is the first time that the city detected a money laundering case with cryptocurrency.

1 in 4 in APAC plans to switch banks over the next year: study

48% are also interested in using digital-only banks to meet their needs.

The bank of the future: How to embrace AI and analytics

Banks must invest in transforming capabilities across all four layers of the integrated capability stack, says McKinsey & Co.