Banking Technology
Singapore FIs face stricter regulatory scrutiny in 2025
Singapore FIs face stricter regulatory scrutiny in 2025
Singapore bucked the trend in 2024, with more fines issued.
Vietnam’s ABBANK launches new business digital banking platform
It offers money transfer services and quick bill payment options.
Japan’s Resona group banks, Fujitsu launch home-buying web service
It enables users to record observations in property viewings.
Cambodia allows commercial banks to offer cryptoasset services
But unbacked cryptoassets are not allowed.
How banks can make digital transformation work according to Maybank Securities CEO
Clear goals matter, but effective execution defines transformation outcomes.
Global network tokenised transactions to double to 574 billion by 2029
Network tokenisation's role in securing digital payments will drive merchant adoption.
Taiwan, Lithuania ink MOU for financial services innovation
They agree to exchange information on emerging market trends and relevant regulatory issues.
Bank Jago teams up with Google Cloud for gen AI, data analytic capabilities
Google Cloud’s data encryption will help safeguard the bank’s AI models.
Banks may be ill-equipped for demands of real-time payments
Stronger fraud prevention and anti-money laundering measures are needed.
CIMB launches Malaysia’s first e-invoice payment terminal
The device also functions as a standalone Point-Of-Sale (POS) system.
Trust Bank gamifies new goal-based saving feature
It allows users to set personalised savings targets and manage up to five pot.
Beyond Bank, Cognizant modernize IT systems
It includes upgrading Beyond Bank’s End User Compute (EUC) systems.
Hong Leong Bank reimagines branches for digital era
The lender sees itself as a digital bank with a physical presence.
SMBC teams up with Euphoria Co. for human capital management services
SMBC will provide digital systems for the visualisation and analysis of the impact of human capital on companies.
What are the must-have banking features by 2027?
Over 60% of respondents in Australia, China, and India find credit-building tools to be useful.
Singapore needs layered strategy against fraud
Scam and cybercrime cases in the city-state rose 18% to 28,751 in the first half.
Bank of America’s CashPro app set to hit $1t in payment approvals
The platform is reportedly used by around 40,000 companies globally.