Banking Technology
Japanese banks to use blockchain for domestic and international payments
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.
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?
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