Banking Technology

Only a fifth of Philippine rural and thrift banks ready to digitise

They still need to make heavy investment in foundational technologies.

UOB kicks off Engagement Lab in Southeast Asia

It will use behavioural insights to improve saving and spending habits.

Hong Kong makes huge headway in realising smart banking ambitions

It rolled out a real-time fund transfer system, open API guidelines, virtual banks authorisation in 2018 alone.

Optimising workflows with SmartStream's next generation artificial intelligence

It introduces a powerful new feature as digitisation and corporate actions gain more prominence in Asia.

NSD leads blockchain implementation in Russia

With the perfect regulations in place, NSD will soon usher a new asset class for the country’s investors.

Japan enables instant 24/7 fund transfer across banks

Around 64 banks have already started implementing the service.

How Bank Muamalat Indonesia used smart mapping technology to optimise its branch and ATM network

The bank enhanced 64% of its ATM's cost and acquired 10% more customers with 40% less branches.

Can South Korea's web-only banks break out of beginner's rut to ensure sustainability?

The two players have been booking losses as they ramp up IT spending.

Hong Kong mulls remote bank account opening in Mainland China

Facial recognition technology and biometric methods may be used.

Malaysia takes step forward to realise open banking ambitions

The central bank is inviting industry feedback for open data API specifications.

Machine learning in APAC banks: What are the best practices and who's doing it right?

Simon-Kucher's Iraklis Kordomatis tackles how the technology is being implemented in banks in the region.

How may HDFC Bank's humanoid bot help you?

The AI-powered IRA 2.0 can identify customers, carry conversations, and guide them to specific counters based on their intended transactions.

Union Bank of the Philippines' Edwin R. Bautista discusses their massive API sandbox

With the number of API calls ballooning twentyfold in 2017, could it be the biggest API platform in Asia?

South Korea's web-only banks lose steam as they book massive half-year losses

Kakao Bank and K Bank booked net loss of $10.67m and $35.14m respectively.

Are Hong Kong lenders under threat as virtual banks zero in on their market?

The HKMA has received 29 applications in the first round of screening ending August 31.