Banking Technology
Standard Chartered Private Bank launches digital wealth advisory tool
Standard Chartered Private Bank launches digital wealth advisory tool
RMs can now advise clients more effectively based on an aggregation of the bank’s expertise.
The 5 tech trends that are transforming Asian banking
See which handful of technologies are powering the latest wave of innovative banking products and service enhancements in Asia.
Check out how banks are pampering SMEs in these precarious times
ASEAN has become a hotbed for SME-focussed banking innovations.
Aussie banks disallowed by regulator to boycott Apple Pay
The Australian Competition and Consumer Commission is concerned it would "reduce and distort competition".
Weekly Global News Wrap Up: AI to dominate banking within 3 years; Banks cutting compliance jobs; German bank mistakenly transfers $5.4b to four banks
UK banks are asked to prepare plans on how to deal Brexit, and RBS to shut 180 branches.
What are Asian banks doing with blockchain?
HSBC, BofAML, and Axis Bank are jumping on the blockchain bandwagon.
CIMB launches Alipay mobile wallet in Malaysia
The service will go live by May 2017.
3 in 5 banks plan to invest in new customer-facing technologies
Recruiting and retaining talent is another key growth agenda.
Citi's voice biometrics authentication hits 1m users in less than a year
The initiative is already implemented in 9 Asia Pacific markets.
Bangkok Bank launches 12-week international fintech accelerator programme
The programme will commence in June 2017.
More Asians saying goodbye to cash
Around 470 billion cashless payments were made worldwide in 2015.
Japanese banks to use blockchain for domestic and international payments
This is after a successful pilot programme for a cloud-based payments platform.
Expect more banking chatbots in 2017
Chatbots went from novelty to mainstream in 2016.
Citi now allows cardholders in Asia to use rewards points when shopping at Amazon
The offer is available for cardholders in Thailand, and soon in Singapore, Philippines, and Australia.
The top 10 IT priorities for banks in 2017
Find out where APAC banks will spend their $67.1b budget for IT this year.
Chart of the Week: More than 38% of global adult population to adopt mobile banking by 2018
That is equivalent to more than 2 billion people.
Death of the tokens as banks use apps for authentication
Find out how Citi and UOB are simplifying authentication processes.
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1. UOB to take legal action against Yang Kee Logistics’ ex-CEO 2. OCBC to finance $10.9b of investments to UK growth sectors 3. Singapore’s financial sector turns to contract hiring for cost control 4. ANZ moves up incoming CEO Nuno Matos’ start date to May 12 5. India’s credit card spend slumps 9% MoM to 7-month lowResource Center
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Nearly 8 in 10 MSMEs still face barriers to accessing loans, an expert said.
Commentary
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