Banking Technology
Weekly Global News Wrap Up: Bank customers reject robo-advisors; British town starts its own lender
Weekly Global News Wrap Up: Bank customers reject robo-advisors; British town starts its own lender
Deutsche Bank is fined $41m and Wells Fargo makes personnel changes.
Meet Emma: What you need to know about OCBC's chatbot
OCBC's Emma may have proven that chatbots are indeed the future of banking.
Fintech Enov8 allows banks to track and reduce their IT resources
Enov8 saved one Australian bank over $40 mn identifying duplicate and underused resources and licenses.
3 in 4 APAC bankers to stop working with a partner who flunks cybersecurity audits
Bankers tagged large retailers as the greatest data breach risk in 2017.
Banks could save over $8b per annum by 2022 with chatbots
The success rate of bot interactions in banking could reach over 90%.
Banks caught in a social pickle
If incumbent Asian banks should be wary of fintech firms, it is not because of the disruption they can cause. Rather, fintech firms can steal the...
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.
Commentary
Navigating liquidity challenges for VCs in Asia Pacific
Show, don’t tell: Asian banks need to prove simplification works – here’s how