Banking Technology
Japanese lenders team up with global banks for blockchain-based digital coin
Japanese lenders team up with global banks for blockchain-based digital coin
It will be used to speed up overseas money transfers.
Open banking could uplift Australian banks
The big four banks will be required to make data available for transactions by February 2020.
Thailand eyes integrating biometrics into account openings by Q3
Exits for the trial period of the service could start in Q3 2018.
Taiwanese banks eye shorter banking hours as more clients opt for online banking
A number of branches by Taiwan Business Bank will close an hour-and-a-half minutes earlier.
Chart of the Week: What annoys APAC bank users the most?
Frozen credit cards no longer spark as much annoyance.
3 in 5 Hong Kongers prioritise data security over fast banking
Only 47% cited quick and easy banking as their top priority.
Ajay Mathur of DBS to share the secret to the bank's success
Beyond unique digital offerings, Ajay is also focusing his efforts on improving culture.
Korea trials drive-thru banking in fintech sandbox
Woori Bank aims to make the service available in restaurants and car parks near the airports.
Singapore may soon allow virtual banks: DBS CEO
Gupta, however, believed that they may not pose a significant threat.
DBS enhances customer service touchpoints
It retrained over 500 employees and opened new roles including video biometrics specialists and live chat agents.
MAS complete cross-border payments in blockchain with Canada central bank
Project Ubin was linked to Canada's experimental domestic payment network, Project Jasper.
BancNet taps Mastercard and Vocalink to enhance payments technology in the Philippines
The use of Vocalink will extend InstaPay’s reach to include government and commercial payments.
Newly licensed Hong Kong virtual lenders bolster banking hiring spree
They will be hunting for more fintech talents.
UOB and KrisFlyer launch credit card and savings account to target frequent fliers
The card can be combined with a savings account to earn miles.
RHB sets sights on one million mobile banking users by 2019 in mobile app launch
The bank also hopes to boost digital transaction volumes to over 80% by 2022.
Citi launches biometric authentication for APAC institutional clients
The solution eliminates the need for an app-based digital token.
Chart of the Week: AI business value for APAC banks to hit $98b by 2030
China, Japan, South Korea and Singapore will drive demand over the next 10 years.
Commentary
Embracing Change and Capturing Opportunities with Insights from Leading Chinese Banks