Financial Technology
Korean banks to launch blockchain ID verification programme
Korean banks to launch blockchain ID verification programme
‘BankSign’ will be officially rolled out in July.
RCBC to roll out blockchain remittance service in Japan
The move aims to cater to the overseas Filipino workers in the country.
Australia intensifies oversight over fintech lending
Moody’s lauds the move as a welcome development to improve transparency.
DBS rolls out virtual bank recruiter
‘Jim’ can save up to 40 hours monthly otherwise spent on manual processing.
Hong Leong Bank's mobile game scores eager following
It is amongst the top trending arcade games on Google Play Store.
Two in five Malaysians open to sharing bank data
However, privacy and security concerns still mar open banking adoption.
Chinese fintech companies are tapping on Asia's unbanked
Indonesia and other Southeast Asian markets are the target markets.
Thailand is developing its digital currency for interbank transactions
‘Project Inthanon’ could accelerate transaction and validation processes.
Asian banks urged to embrace fintech to slash compliance costs
Facial recognition tech might be useful to combat money laundering attempts.
Hong Kong publishes guidelines for virtual banks in Smart Banking push
The central bank is aiming to award licenses towards the end of the year.
Singapore beats Hong Kong in open banking readiness
Strong regulatory support from MAS buoyed the lion city to score the APAC crown.
Shanghai Pudong Development Bank taps Ant Financial for digitisation programme
The bank will leverage the firm’s tech expertise in AI, supply chain finance and biometric identification.
Philippine banks link up to pilot blockchain for retail payments
A major lender is connecting with rural banks in the Southern area of the country.
Japanese regional banks form fintech joint venture in bid for survival
Seven lenders will take a stake of little over 14% in the JV.
ICBC (Asia) ramps up digital investments for cross-border finance
The bank has tapped on Huawei for its growing IT infrastructure needs.
Bank of Ayudhya pilots successful blockchain cross-border fund transfer from Thailand to Singapore
The transaction was made on the Krungsri Blockchain Interledger.
China Everbright Bank taps on Alibaba's Ant Financial for fintech programme
The tech firm will help the bank develop cloud platforms and AI applications.
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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.
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Embracing Change and Capturing Opportunities with Insights from Leading Chinese Banks