Banking Technology

How to approach open APIs: Threats and oppotunities

How to approach open APIs: Threats and oppotunities

Returning to a global perspective, both US and European open API trends, as well as regulatory and market participant responses, are valuable...

Singapore still beats Hong Kong over Asia's open banking readiness crown

DBS and OCBC are regional leaders in fintech and innovation.

Japanese banks trial blockchain technology to settle payments

Fujitsu has been tapped to develop the application.

DBS launches chatbot Foodster for online meal ordering

It will allow customers to order food through Facebook Messenger and pay through DBS.

Citi Hong Kong expands API tech in Octopus tie-up

Users of the Octopus app can easily apply for Citi Octopus Platinum Card.

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.