Financial Technology

Hang Seng Bank enhances capabilities of AI-powered chatbot

‘HARO’ can now help customers manage their personal finances.

Indonesia's mid-sized banks struggle against digital dominance of state lenders

Top players are accounting for the lion's share of e-banking fees.

Standard Chartered to pilot blockchain-powered smart guarantees for trade finance

The bank aims to digitise the previously paper-intensive process.

Singapore inks deal with Dubai to bolster fintech ties

They will implement joint projects involving digital and mobile payments and blockchain.

Bank of East Asia's half-year profit surges 25.9% to $3.99b

Earnings were boosted by net fee and commission income growth.

Will Singapore banks' digital home loans rattle incumbent proptechs?

OCBC has already scored $200m worth of home loans from its digital solution.

OCBC rolls out robo-investment service

It has an initial investment amount of $3,500.

Tech firms may soon be allowed to own internet-only banks in South Korea

A bill is paving the way for tech firms to be the largest shareholders.

Shinhan Bank ties up with telco provider for blockchain platform

The move aims to capitalise on the government’s digital voucher efforts.

UOB unveils digital business solutions for SMEs

Businesses can soon gain real-time overview of their operations.

Nearly half of Singapore fintech funding are $10m and above in H1

This bucks the trend that startups are only receiving seed funding.

Singapore nabbed Asia's fintech crown from Hong Kong in 2017

Total fintech funding hit $983.6m in 2017 versus Hong Kong's $596.8m.

UOB unveils plans to launch ASEAN digital bank

It will tap on mobile-first and mobile-only customers.

Citibank Hong Kong boosts API ecosystem with three new partnerships

Watsons, EGL Tours and Fortress will integrate Citi Pay with Points API into their platforms.