Banking Technology
Fintech funding slows to 10-year low as investors tout quality over quantity
Fintech funding slows to 10-year low as investors tout quality over quantity
Asian fintechs clinched US$5.1b in investments in H1, lower than $45b in H1 2022.
UnionDigitalBank, Capital A launch embedded finance services in the Philippines
Amongst services to be offered is the “Fly Now, Pay Later” flexible payment option.
Public-private cooperation and partnership are key to advancing CBDCs
Whilst the merits of CBDCs are still widely debated, central and commercial banks are actively exploring the use of CBDCs in local markets.
How Asian Financial Services Providers Can Reach Gen Z
Being authentic, embracing social media, and tailoring products to this generation’s real needs can position firms for success.
GoTyme makes a splash in digital banking in the Philippines
Co-CEO Albert Tinio shares how mobile apps, digital kiosks and partnership with Robinson Group aided GoTyme Bank’s successful entry into the market.
SG incumbent banks unlikely to take hit from neobanks' deposit cap raise: Fitch
Digital banks could face challenges beyond funding.
Line Bank Taiwan launches Fast Financial Platform
As of July, LINE Bank Taiwan has over 1.57 million users.
Shinhan Bank, SCB TechX successfully complete stablecoin remittance pilot
The proof of concept was built on the Hedera network.
Citi Commercial Bank unveils CitiDirect Commercial Banking platform
It will be available to customers in Hong Kong, Singapore, and India in H2 2023.
Southeast Asian banks thrive in competitive differences, digitalisation
Maybank’s Thilan Wickramasinghe reveals contrasting strategies employed by banks in the region and the impact of technological trends on the sector.
Thailand publishes revised consultation paper on virtual bank framework
BOT will propose licensing regulations by July.
How experts see the digital battleground of banks, payment firms
Industry leaders gather at 2023 Asian Banking and Finance Forum in Kuala Lumpur to discuss digital disruption, financial inclusion, and future trends...
MAS provides Sygnum IPA for licence
This expands their offering of regulated crypto brokerage service.
Citi to provide custody and fund services to Fubon’s latest Hong Kong ETF
The bank works with over 40 ETF issuers covering 500 ETFs in APAC.
Bank of China Int'l Holdings issues first tokenised notes in Hong Kong
The product was derived from UBS, to which it marketed to its APAC clients.
40% of APAC susceptible to scam, youth more vulnerable: Visa
The youth are 1.3 times more likely than older adults to have been victimised by scams.
Trust Is Key to Successful Digital Banking Services
Organisations in Singapore today understand that customers want convenience and a personal touch when interacting with them and utilising their...
Commentary
Why most banks are struggling with AI, and what the smart ones are doing differently
Data, AI, and trust: The next era of financial crime prevention
From behavioural change to scalable inclusion: Cross-border payments in APAC
Device governance is not an IT problem. For SEA's financial sector, it is a boardroom one
Corporate acupuncture: How precision M&A is reshaping Asia’s competitive edge