Banking Technology
Vietnam's VPBank adapts Finastra's treasury solution to digitize operations
Vietnam's VPBank adapts Finastra's treasury solution to digitize operations
The Fusion Adopt program enables VPBank to trade higher volumes of treasury.
Digital-savvy Thais push banks' fintech adoption: S&P
About 60% of the population are more attuned to digital services.
Citibank unveils bank-to-bank money transfer service
It will facilitate easier transfers from other banks to Citibank accounts.
KASIKORNBANK, Lu International unveil online wealth management platform
It will make use of a cloud-exporting model developed by Lufax Holding.
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Outdated systems increase banks' cost-to-income ratio.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.
Commentary
Will stablecoins disrupt the banking business?
Digital transformation starts with leadership
The future of Asian banking isn’t ‘AI-first’ – it’s ‘fearless-first’