Financial Technology

22 Jun 18
The company is similarly boosting the digital transformation of other banks.
22 Jun 18
Mizuho, MUFG Bank and Sumitomo have agreed to unify QR code specifications.
21 Jun 18
‘BankSign’ will be officially rolled out in July.
21 Jun 18
The move aims to cater to the overseas Filipino workers in the country.
20 Jun 18
Payments can be credited within minutes.
18 Jun 18
Moody’s lauds the move as a welcome development to improve transparency.
18 Jun 18
‘Jim’ can save up to 40 hours monthly otherwise spent on manual processing.
18 Jun 18
“How do you achieve operational efficiency in a leaner model?” is the question banks seek to answer.
18 Jun 18
However, the country is still miles behind China and India.
15 Jun 18
It is amongst the top trending arcade games on Google Play Store.
15 Jun 18
However, privacy and security concerns still mar open banking adoption.
11 Jun 18
The move follows the publication of revised guidelines by the central bank.
11 Jun 18
Indonesia and other Southeast Asian markets are the target markets.
8 Jun 18
‘Project Inthanon’ could accelerate transaction and validation processes.
8 Jun 18
Facial recognition tech might be useful to combat money laundering attempts.
6 Jun 18
Three of the country’s Big 4 lenders are already live on the payments initiative.
31 May 18
The central bank is aiming to award licenses towards the end of the year.
31 May 18
Strong regulatory support from MAS buoyed the lion city to score the APAC crown.
30 May 18
The bank will leverage the firm’s tech expertise in AI, supply chain finance and biometric identification.
30 May 18
A major lender is connecting with rural banks in the Southern area of the country.
29 May 18
Seven lenders will take a stake of little over 14% in the JV.
28 May 18
The bank has tapped on Huawei for its growing IT infrastructure needs.
25 May 18
The platform can process a million transactions per second.
25 May 18
The transaction was made on the Krungsri Blockchain Interledger.
25 May 18
Alipay's aggresive Southeast Asian foray is making banks nervous.
24 May 18
The tech firm will help the bank develop cloud platforms and AI applications.
23 May 18
This eliminates the need for multiple payment devices.
17 May 18
The Singapore lender has invested about $3.5b to upgrade its technological infrastructure.
16 May 18
WeLab is backed by financial heavyweights like Alibaba and IFC.
15 May 18
The virtual assistant BERI will be available on the bank’s website and mobile app.
14 May 18
Fintech firms will be compelled to be registered with authorities.
11 May 18
AI, facial, and voice recognition tech power the self-service branch in Huangpu district.
10 May 18
Instead of collecting income proof, banks may use big data and other fintech.
9 May 18
UOB BizSmart can help businesses automate administrative processes.
27 Apr 18
Applicants need to furnish a “Fast Track” document to be recognised as fintech.
26 Apr 18
Additionally, the two countries also revised a partnership on banking supervision.
18 Apr 18
With the constantly changing technology and client behaviour, the WM sector must digitally keep up.
18 Apr 18
CCB and AIA collaborated to offer blockchain-powered bancassurance products.
18 Apr 18
The region has attracted more fintech investments than North America and Europe.
29 Mar 18
It will promote Singapore as a preferred business destination for Japanese fintech and vice versa.