Banking Technology
India floats regulations for non-bank POS payment aggregators
India floats regulations for non-bank POS payment aggregators
They are required to apply authorisation from the RBI by May 2025.
Why tokenization and funding are two key issues for financial disruptors in 2024
HSBC's Vincent Lau a lineup of 250 speakers to discuss these at Money 20/20 Asia.
Superapps to help drive BNPL userbase to 670 million by 2028
Superapps like WeChat and Grab are adopting and offering BNPL services to users.
APAC payments gateway market to rise 30% as cashless economy expands
The market is expected to grow by over 11% between 2023-2027.
Trading platform Banxso secures Australian license
It will offer real-time data, analytics tools, and educational resources.
Beyond the Hype: Building Trust in Generative AI for a Secure Financial Future
Financial organisations lean on AI to unravel complex issues, a shift propelled by an exponential rise in big and alternative data sources.
Maybank issues apology following digital and payment service disruption
Customers were temporarily unable to make online and retail payments on 5 April.
Malaysian authorities probing service outages in two local banks
The banks are required to give a full explanation of what led to the incidents.
PH-based Allbank and Salmon Group unveil QR PH-enabled payment solution
It eliminates the need to input details manually for traditional payments.
Empathy deficit erodes customers’ trust in banks
Customers who feel valued are willing to spend more for banking products.
Maybank inks MOU with fintech Doxa for supply chain financing
Services include digitisation of documents and other payment solutions.
Ransomware threats to banks escalate to 64%
Security breach costs trust for banks and customers.
Are ATM cash withdrawals making a comeback?
About 2 in 3 markets studied saw ATM withdrawals rise as inflation squeezes on income.
EXIM Thailand inks MOU with SINSOURE; to provide risk, investment support
It aims to facilitate market penetration for Thai and Chinese exporters.
Game changer: Gen AI can transform how banks tackle regulation and risk
Banks are advised to prepare a catalog of prod ready gen AI services and solutions.
China raises annual mobile payment limit of foreign visitors to $50,000
The single transaction limit has also been raised to $5,000.
Weekly Global News Wrap: BBVA sets up finance unit for clean tech; Wells Fargo sued for ‘fake accounts’ scandal
Top regulator calls for EU banks to improve risk management.
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ABF Corporate & Investment Banking Awards 2024 Winner: Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank)
VietinBank won Project Infrastructure Finance Deal of the Year - Vietnam at the ABF Corporate & Investment Banking Awards 2024.
