Banking Technology
Global mobile wallet transactions to increase 32% to $1.35t in 2017
Global mobile wallet transactions to increase 32% to $1.35t in 2017
Nearly half of these transactions will be online payments for physical goods.
Australian banks to focus on bargaining for access to Apple's contactless payment function
The banks' application to the regulators was previously focused on fees.
Cybersecurity stalls customer adoption of fintech services in Singapore
Only 4% of customers use new payment methods in Singapore.
Citi launches global competition for tech innovators to create solutions for the public sector
Interested companies can submit applications until March 6.
APAC banks' IT spending to hit $67.1b in 2017
It's a 5.4% increase from 2016.
Chinese bankers brace for "brutal bonus season": Reuters
Dwindling business on local stock markets is to blame.
Bank of East Asia partners with IBM to launch iPortfolio Analyzer
It allows private banking clients to view their portfolios anywhere.
Citi launches app-based login solution for corporate clients
Clients no longer need a separate physical token.
POSB to enable fund transfers, card payments via chat banking on Facebook Messenger by 2Q17
For now, the AI-driven virtual assistant answers enquiries about products and services.
Check out how Chinese banks use social media
They normally use social networks in 4 phases.
Cracking the Asian banks' big data conundrum
How can banks improve the clients' banking experience without compromising data security?
UOB enables customers to use their smartphone as a digital security token
Find out how you can use the UOB Mighty Secure.
DDoS attacks: Could your bank be the next victim?
Experts reveal how banks can circumvent such attacks.
RHB launches enhanced mobile banking app for affluent customers
The app has seen more than 120,000 new downloads as of October 2016.
HSBC Singapore lets customers use Apple Pay
Customers can enjoy US$3.5 off every Apple Pay transaction.
Citi to launch digital wallet in Singapore and Australia in late November
It will also launch in the US in early 2017.
How can banks deal with the challenges of digitalisation in Asia?
New technology companies looking to break into the financial services sector are bringing fresh competition for banks – prompting a new era of digital...
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