Banking Technology
Japanese banks trial blockchain technology to settle payments
Japanese banks trial blockchain technology to settle payments
Fujitsu has been tapped to develop the application.
Hong Kong suspends e-wallet top-ups amidst fraud reports in blow to Smart Banking push
Customers were hit by a combined loss of $180,000.
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.
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?
Commentary
Why most banks are struggling with AI, and what the smart ones are doing differently
Data, AI, and trust: The next era of financial crime prevention
From behavioural change to scalable inclusion: Cross-border payments in APAC
Device governance is not an IT problem. For SEA's financial sector, it is a boardroom one
Corporate acupuncture: How precision M&A is reshaping Asia’s competitive edge