Banking Technology
Australian neobank Tyro, Mambu partner for term deposit offering
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.
Australia's Consumer Data Act goes live for data sharing
Customers can now share their banking data to access personalised financial products.
Singapore banks set to fast-track digital transformation due to COVID-19
The COVID-19 pandemic forced Singapore banks to change tack in order to meet social distancing and work from home requirements. However, it didn’t...
Hong Kong, Singapore play catch-up with mobile banking apps
European financial firms dominated the global top ten of Sia Partners’ study.
COVID-19 Impact on FIs' IT Plans in Japan and APAC
In the transitional period from the unprecedented emergency to the new normal, the Japanese and APAC financial institutions have stepped up their...
Korean central bank launches legal advisory for digital currency
But BOK denied that they are preparing for an actual launch of a digital currency.
Three-fourths of Filipinos open to having a financial account online
But finance firms stand to lose 40% of new business if account opening isn’t fully online.
Digital adoption of OCBC's wealth products jumped 40% in Q1
Virtual wealth advisory meetings will likely be the new normal.
Bank of Singapore names new global head of products
Lim Leong Guan will concurrently be OCBC’s head of group wealth products.
CBA rolls out ‘acceptable use policy' to restrict abusive digital banking
Transactions can be refused and services suspended if a customer is found harassing others.
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1. UOB unveils FDI Advisory Centre in South Korea 2. Singapore places fourth for most ‘ATMs near me’ Google searches 3. RCBC boosts rural presence with ATM Go 4. Singapore’s financial sector turns to contract hiring for cost control 5. Alipay+ goes live in Sri Lanka with 14 e-wallets enabled for paymentResource Center
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Nearly 8 in 10 MSMEs still face barriers to accessing loans, an expert said.
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