Banking Technology
Philippine digital bank Tonik hits 1 million customers
Philippine digital bank Tonik hits 1 million customers
It furthers the bank toward its goal of financial inclusion in the country.
US SEC charges Binance for violations to securities law
The company and founder both misrepresented their restrictions on US customers.
BOCHK warns customers against phishing messages, fake app
The case has been reported to the HKMA and the police.
Livi Bank revolutionises banking for SME with fast-track account and loan approvals
Hong Kong-based digital bank leverages AI, eKYC, and machine learning to streamline banking processes for SMEs.
StanChart, SFA unveil paper exploring DLT-use in supply chain payments
The publication explores stakeholder collaboration for improved payment transparency in supply chains.
SG investment firm Whampoa Group to build digital bank in Bahrain
It aims to establish a digital bank by the end of this year.
MUFG Bank buys JPY600m shares in metaverse company TBT Lab
The bank will help develop the financial functions of the planned Japan Metaverse Economic Zone
Fuelling the future of finance with data streams
Traditional institutions need to utilise constant, real-time data flow that generates insights on the fly.
Techcombank launches AI-powered money management services
It will provide insights on payment behaviors and analyze transactions.
Singaporean WealthTech firm Endowus sets foot in HK
This will be Hong Kong's first fee-only digital wealth management platform.
GXS Bank Introduces FlexiLoan
Interest rates start from 3.8% per annum.
BPI launches refreshed mobile app
New clients can open an account within five minutes with just one valid ID.
Vietnam conducts training on central bank digital currency
The course aims to upskill SBV and relevant agencies in Vietnam.
Did digital banks fail to disrupt?
Most became niche players, yet served their regulatory purpose, said McKinsey associate partner Hernán Gerson.
How Asian banks can retain their cross-border dominance
The emergence of fintechs is whittling down their dominance.
Value of CBDC payments to reach $213b annually by 2030: study
Adoption will be driven by governments boosting financial inclusion.
Southeast Asian banks’ well-placed to ride fintech’s digital disruption: Moody’s
Supportive regulation, digital investments, and fintechs slowing growth will play to banks’ favor.
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