Banking Technology

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.

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.

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.