Banking Technology

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.

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.