Financial Technology
OCBC invests S$20 M in account opening system in Singapore
OCBC Bank launched of its new S$20 million account opening system at all 56 OCBC Bank branches in Singapore.
OCBC invests S$20 M in account opening system in Singapore
OCBC Bank launched of its new S$20 million account opening system at all 56 OCBC Bank branches in Singapore.
Bank Indonesia sees need for e-money regulations
Bank Indonesia is calling for regulators to monitor purchases and banking transcations made through cellphones.
Citi appoints Sanjeev Jain as Head of Global Transaction Services for Indonesia
Jain was previously GTS’s Regional Head of Public Sector, Asia Pacific.
The wallet of the future
Mobile financial services (MFS) today encompass a variety of offerings from mobile banking, bill and credit card payments to money transfer and...
India's non banking financial firms asked to phase out use of cheques
As part of its green initiative, the Reserve Bank today asked all non-banking financial companies (NBFCs) to gradually phase out use ofcheques and...
MAS lifts penalty on DBS bank for online disruption
The penalty imposed on DBS Bankby the Monetary Authority of Singapore for the disruption to its online and banking systems in July has now been...
8 out of 10 CMO’s to increase social media use in 3-5 years
And nearly 1,700 chief marketing offers believe that the digital media era is evolving the field.
Indonesia's ATM networks to be integrated by 2012
The integration of three ATM providers into a combined system should be completed by the end of 2012, a central bank official has said.
Huawei to introduce virtual ATM
Huawei Technologies will introduce the virtual ATM service in Malaysia next month.
FMB's online transaction disputes reach 3,000
The Financial Mediation Bureau is handling some 3,000 cases at the moment with the increasing number of disputes in online transactions.
Banks Urged To Rethink Traditional IT Security Practices
Banks and financial institutions should rethink their traditional network security practices as mobile devices proliferate, bandwidth demand expands...
Hanoi-based bank to streamline ops with Polaris platform
Vietnam government-owned bank headquartered in Hanoi will use Polaris Software Lab's Intellect Global Universal Banking M180 platform to centralise...
Moody's invests in ChinaScope Financial
Moody's Corporation now has an ownership stake of about 16.7% of the Company.
BSN targets 300,000 Internet banking users by end-2011
Bank Simpanan Nasional is eyeing 300,000 users to its Internet banking by end of 2011, with about RM6 million transactions to be done online.
Bangkok Bank customers can now view cheques online
Bangkok Bank customers can now view images of cheques they have written through a new high-technology service enabling online banking.
Laos-Vietnam Bank to get technological facelift
The Laos-Vietnam Joint Venture Bank will transform its CorBanking software system with a US$431 million loan from the Corporation for Financing and...
S. Koreans' Internet banking use inches up in Q2
The use of Internet banking in South Korea rose 0.7 percent in the second quarter from three months earlier.
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