Banking Technology

OCBC unveils $240m purpose-built data centre

The bank is avoiding interdependence on data centre tenancy.

OCBC powers AI unit with $10m investment

The bank aims to deploy the unit for its wealth advisory and loans financing segment.

DBS to launch Singapore's first real-time payments gateway service

It is leveraging on ACI Worldwide's expertise to serve corporate and institutional clients.

Lack of regulatory clarity in open banking impedes ASEAN banks

They are unable to formulate clear strategies in open API creation for third party use.

Vietcombank automates trade finance processes

It has partnered with fintech firm Finastra to digitise its operations.

ASEAN banks prioritise security in rolling out digital payments

They believe that the rise of realtime payments also allows for new types of fraud methods.

BTPN powers its mobile banking platform and mobile app

This partnership with Software AG has led to reduced error rates and lower branch operation costs.

Banking in the digital era: Challenges and opportunities

Banking is considered by most as the business of money. However, talk to a banking veteran and he or she will categorically instruct you that banking...

How data breaches can trigger a massive client exodus for banks

From breaking trust to breaking banks, digital attacks are becoming more powerful than ever.

Asian banks fall behind Western counterparts in digital transformation

Only DBS had the digital model that can stand with European and American banks.

Chart of the Week: Check out how Thai consumers are turning to digital banking services

Mobile and internet banking accounted for 33% of total payment transactions for 9M 2017.

Thailand's digital banking shift to boost banks' revenue

The transition will rationalise banks' branch networks and improve cost efficiencies, said Moody’s.

Hang Seng Bank unveils mobile security key to enhance e-banking services

It will replace customers' need for a physical security device.

OCBC Bank allows Siri to help customers make e-payments

The virtual assistant can also check bank balances and credit card details.

Unlocking growth in ASEAN's digital economy: The time is now

In just decades, digital advancement has enabled technology to shift from being a business enabler to being THE business.