Banking Technology
Standard Chartered, Microsoft partner for cloud-based acceleration
Standard Chartered, Microsoft partner for cloud-based acceleration
The bank will adopt a multi-cloud approach in its core banking and trading systems.
Chart of the Week: Open banking behaviour strengthen in APAC
Around 30% said that they are open to sharing their data in relation to online purchases.
Digital bank WeLab Bank launches in Hong Kong
Clients can open an account in five minutes.
UOB floats TMRW in Indonesia
The digibank was first rolled out in Thailand in 2019.
Chinese banks should shift from SWIFT as sanctions loom: report
Higher usage of the country's own payments network would cut its exposure to the US.
Harnessing the power of AI to accelerate financial inclusion
There is a popular analogy comparing artificial intelligence (AI) to electricity. Just like the role of electricity during the second industrial...
Majority of Asian banks running archaic core banking tech: study
Outdated systems increase banks' cost-to-income ratio.
DBS, cloud software firm Infor float new trade finance venture
It will utilise supply chain data for risk and credit worthiness.
MUFG Bank to digitize personal stamp forms with robotics, AI
The lender will digitize over 300 million pages of paper forms stored in warehouses.
Australian neobank Tyro, Mambu partner for term deposit offering
Mambu's composable banking approach allows Tyro to launch products quickly.
UOB, digital firm Getz to help Singapore F&B merchants build online presence
Merchants will only need to pay capped transaction fees.
Only one in APAC's 50 biggest banks was prepared for a pandemic
Only Sumitomo Mitsui Trust Holdings identified a pandemic as a key risk to business operations.
Kasikornbank unveils facial recognition tech for Boonterm kiosks
It will allow customers to access financial services across 1,300 Boonterm kiosks.
Opening a new chapter in Asia's digital banking boom with e-KYC
The World Bank estimated that over 1.7 billion individuals remain unbanked today. The trend is reflected in Southeast Asia, where more than 70% of its...
Digital banking firm Backbase opens Sydney, Melbourne offices
It comes after the launch of its APAC base in Singapore.
Bank Central Asia, Cloudera partner for data and machine learning
The banks hopes to streamline processes and protect clients from fraud.
Eight in 10 Singaporeans will stick to online banking after the pandemic
Almost 70% of those aged 54 and above have grown comfortable to online banking.
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Compliance and legacy systems stall B2B payment shift
Retail drives digital payments as B2B adoption lags.
Commentary
The Asian connection: China's path to sustainable growth