Financial Technology
OCBC to slash bank teller jobs by half as it digitises branch operations
OCBC to slash bank teller jobs by half as it digitises branch operations
The bank has set aside $14m for the deployment of the new ATMs.
Hong Kong launches Open API framework for banks
The central bank hopes that lenders start deploying open APIs within six months.
Steep capital requirements may hit Asian banks holding crypto assets
Regulators are eyeing the same set of capital guidelines used for conventional assets.
Hong Kong to launch blockchain-powered trade finance platform in September
This involves the participation of the central bank and seven other lenders.
7 in 10 Indonesian banks threatened by ride-hailing firm Go-Jek
The app’s wide payment capabilities poses a risk to conventional banks.
Philippine banks explore blockchain for payment and remittance services
The central bank approved a pilot project creating a real-time remittance corridor.
How can Hong Kong banks reconcile third party data sharing with cybersecurity?
Banks need robust cyber resilience strategies to plug risks.
Indian court affirms ruling banning bank dealings in virtual currencies
The regulator gave banks three months to cease all crypto operations.
Philippine banks embrace digitalisation to fuel expansion plans
Lenders are shunning inorganic growth via M&As.
All-digital bank to launch in Australia as big four reel from scandal
Startup 86 400 will launch in early 2019.
Hang Seng Bank to use fintech in credit risk assessment by Q4
Fintech and big data will be used in assessing loan applications.
Indian banks embrace AI to drive costs down
SBI has deployed a virtual assistant to resolve customer queries.
CIMB Singapore debuts online application for SGD fixed deposits
It will offer promotional rates for the deposits until 31 July.
Citi hops aboard Hong Kong's chatbot race with planned Facebook Messenger chatbot
Customers will soon be able to check account balance via the messaging app.
Standard Chartered tapped for Alipay's blockchain cross-border remittance service
It will act as the settlement bank for AlipayHK and GCash.
Australia's purely digital bank Volt inks deal with fintech platform for payments
Customers will be able to connect with multiple service providers without changing existing payments and tech infrastructure.
Alibaba-backed online lender MYBank opens up tech solutions to other banks
The company is similarly boosting the digital transformation of other banks.
Thought Leadership Centre
In Association with
In Association with
Most Read
1. Etiqa, Maybank launch Singapore's first Takaful in 10 years 2. Johor-Singapore economic zone seen attracting regional firms: OCBC 3. HSBC clinches Citi banker to head int’l wealth hub in Singapore 4. OCBC launches bespoke tokenised bonds for corporate investors 5. Thailand tightens anti-money laundering measures after UN reportResource Center
Read Here
Advertise
Sign Up
Events
Event News
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.
Commentary
Embracing Change and Capturing Opportunities with Insights from Leading Chinese Banks