Banking Technology

Digital bank deposits to surpass $20t by end-2024

Convenience of remote banking has changed how people manage their money.

Australia’s central bank names first-ever COO

Susan Woods has served as Assistant Governor (Corporate Services) at RBA since 2018.

Visa reopens Singapore Innovtion Centre

Amongst those displayed is a pay-by-palm tech where you pay by scanning your palm.

PH’s Security Bank digitising its wealth management platform

The bank has partnered with Avaloq to automate and standardize the WM workflows.

Citi completes proof of concept on tokenization of private funds

It found new functionalities that could lower barrier-to-entry, Citi said.

Siam Commercial Bank’s Mae Manee app to undergo maintenance

It will be unavailable in the early hours of 23 February and 24 February.

Embedded finance, partnerships to shape future of SEA fintechs

Digital payments, WealthTechs, and cryptocurrency are also slated for growth.

Bendigo and Adelaide Bank warns of impersonation scams

Criminals pose as bank brands to phish money and banking information.

Citi Securities Services launched FIX API connectivity in ETF platform

This comes at just the right time with the ETF industry's impending move to T+1.

PH bank AUB takes e-wallet overseas with Alipay+ partnership

HelloMoney users can now pay via QR code in South Korea, Malaysia, and Hong Kong.

BPI Debit Mastercard to undergo maintenance on 4 Feb

ATM, e-commerce, and POS transactions will be unavailable from 12AM to 12NN.

Mastercard's Matthew Driver on how AI can boost loyalty programs, regulatory compliance

Organisations must realize that not everything is black and white and adjust accordingly.

Siam Commercial Bank advised to overhaul mobile app: analysts

Its app logged 26 failure occurrences in 2023, UOB Kay Hian analysts said.

What businesses should prioritise in generative AI adoption

Banks should focus on integrating new technology into banking processes without forgetting that humans are at the center.

Banks urged to exit low-return businesses to clinch $7t value: analysts

They must also simplify business models and embrace their “tech” identity. 

Thailand’s Krungsri teams up with Klook to elevate position in travel market

Exclusive privileges will be offered to the bank’s customers.