Banking Technology

NFC accelerates toward its roadblock

NFC accelerates toward its roadblock

We’ve heard a number of announcements lately about new mobile near-field communication (NFC) devices.

Does your bank deliver consistent customer experience?

Asian economies grow unabated and fresh ones like Myanmar, who are shooting up and attracting global attention. Few months back the very savvy...

Migrating to chip-based ATM cards

The unauthorized ATM withdrawals that occurred in Singapore over the past year have highlighted the issue of payment fraud.

Shinhan leads smart banking

Shinhan Bank is now looking to leverage its dominance to the rapidly-growing market for financial services provided on smartphones and tablet...

Indian financial industry to spend $6.8B on IT

The Indian financial services industry will spend Rs 37,700 crore or US$6.8 billion on IT products and services in 2012.

Regulatory reporting challenges for Asian banks

With the increasing intensity of regulatory oversight, the importance of a bank’s ability to report to local regulators and respond to ad-hoc...

Asia becomes a mature market for private banking

The world of Private Banking in Asia is changing quicker than ever before. The last economic crisis forced the banks as well as the bankers to change...

Optimising for customer value across channels

In today’s competitive, cost-conscious and profit-driven economy, Asian banks must continually focus on optimising their distribution channels in a...

India Post to set up ATMs in Assam

India Post will soon foray into core banking solution and set up 24 ATMS in Assam.

GRG Banking pioneers gift card-issuing ATMs

The latest version of the automated teller machine can also issue debit cards.

Commonwealth Bank Indonesia targets mobile banking market

Commonwealth Bank Indonesia is tapping into the increasing number of middle-class people using mobile banking.

Banks urged to improve payment processing systems as NFC arises

“The key opportunity for banks is to use the point of sale collection technology to provide richer information to their clients,” HSBC’s John Laurens...

Seamless customer service in the banking & finance industry

Banks actively seek new technology solutions to further improve market share, customer service and operational efficiency.

GRGBanking's net income up by 6.61% to US$80.46m

But after deducting the non-operating gains and losses the profit only increased by 5.39% to US$77.6 million.

Watch out for standardisation of transactional messaging: HSBC

John Laurens says standardisation of communication channels like SWIFT will also have a great impact to banking technology in the next few years.

Malaysian banks advised to tap social media

Malaysia's banks were advised to innovate their approach towards customers via the Internet as well as tap the rising importance of the social media...

Cloud vs virtualisation: What do bankers prefer?

HSBC says cloud is a more powerful concept but CIMB warns it still needs to prove its readiness to handle mainstream financial services applications...