Banking Technology
Japanese regional banks jump in on cashless payment initiative
Japanese regional banks jump in on cashless payment initiative
J-Coin enables transactions without the need to install readers.
UOB launches its first digital bank in Thailand
‘TMRW’ does not have a traditional app menu as it claims to learn a user’s preference over time.
Online banking scams in Hong Kong rose threefold in 2018
There were 62 cases of phishing last year.
South Korea braces for third internet-only bank
Shinhan Financial Group and mobile app maker Viva Republica are forming a consortium.
APAC banks feel left behind by Western peers in AI: survey
Two in five believe that lack of available talent is holding them back.
11 Indian banks to launch blockchain-linked fund for SMEs
YES Bank and Kotak Mahindra Bank are some of the member lenders.
South Korea has no plans to issue a digital currency soon
The central bank said there is no immediate need to introduce such currency.
WeChat and AliPay still no-go in Indonesia
Bank Cental Asia and CIMB Niaga are still completing the necessary documents.
Australia's lending incumbents face threat as challenger banks enter fray
Volt Bank has finally managed to nab a full banking license.
Singapore banks' innovation labs struggle to retain talent
Their tasks may be clashing with the banks’ in-house tech teams.
Tech firms set to raise stake in Korea's internet-only banks
IT firms will soon be allowed to hold as much as 34% stake.
OCBC launches digital dashboard for SMEs
The dashboard features over 40 business apps.
DBS launches online portal giving SMEs the digital leg up
SMEs can access accounting, digital marketing and cybersecurity solutions.
OCBC rolls out digital account opening service for MNCs
The time taken to set up an account will be cut 75% from months to weeks.
Hong Kong banking industry needs to amp up skills on fintech and cybersecurity: study
Only 2 in 5 industry professionals have gone through fintech training courses.
Hong Kong cuts down a third of virtual banking applicants
They failed to submit sufficient information on authorisation criteria.
Singapore launches $30m cybersecurity capabilities grant
It will co-fund up to $3m to support cybersecurity advancement in the financial sector.
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