Banking Technology
ZhongAn International's Ken Lo joins panel at the 2019 ABF Digital Payments Summit
ZhongAn International's Ken Lo joins panel at the 2019 ABF Digital Payments Summit
He will discuss key strategies on how players can adapt amidst the emergence of virtual banks.
Digital consumers power up Singapore's big three banks
DBS and OCBC generate twice or thice as much revenue from digital retail and SME customers than traditional customers, on average.
Finda helps on-the-go Koreans in securing loans
It offers evaluation of personal loans without having to submit hard copy of documents.
Michael Ho of Oliver Wyman to grace the 2019 ABF Digital Payments Summit
He will share how to compete across the payments industry amidst its digital shift.
Korean banks forge consortium to develop blockchain-based mobile identification
It will allow individuals to store key personal information needed for online transactions.
Malaysia rides on Asia's virtual banking drive
Potential web-only players could target both the unbanked and the affluent segment.
Citi launches payment outlier detection service
It uses advanced analytics, AI and machine learning to detect irregularities.
Korea resumes applications for third internet-only bank
Rejected applicants Toss Bank and Kiwoom Securities are welcome to re-apply.
Philippine banks boost tech in push for financial inclusion
Lenders are offering digital loans for farmers, a 10-minute paperless account opening process, and money transfers through mobile numbers.
Chart of the Week: Korean virtual banks still struggling to crack the profitability code
ROAA is still relatively low at -0.9% in December 2018.
Weekly Global News Wrap Up: Deutsche Bank reportedly eyeing to cut 20,000 jobs: EU banks short of $153b to meet capital requirements by 2027
and Austrian banks survive government's staged cyberattacks.
Singapore's fintech adoption rate almost tripled to 67% in two years: study
It is ahead of the APAC average adoption rate of 64%.
Malaysia and Indonesia go head-to-head on Islamic banking digitisation
Malaysian Islamic banks could lean on their parent groups cashing in to boost digital drive.
Singapore joins digital banking race with five licenses up for grabs
The five licenses are split into two full digital and three wholesale.
ICBC's Jimmy Chan to outline the threats and opportunities of open API
Competition and cooperation will shape the interaction between incumbents and TSPs.
Korea's virtual banks still struggle to find footing
Lenders grapple with low profitability and limited capital two years since they kicked off. After two years since their debut, Korean virtual lenders...
New Hong Kong virtual banking licenses spur demand for data jobs
The hottest roles will include data scientists, UI engineers, and full stack developers.
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Event News
Discussions will be led by industry leaders from McKinsey & Company Vietnam, Ipsos Vietnam, and Ipsos in APEC
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’