Information Technology
MAS “closely monitoring” global IT outage
MAS “closely monitoring” global IT outage
Major banks reported little to no impact to customers and key operations.
Hong Kong process with plan to regulate stablecoin issuers
It has published a consultation paper based on 108 submissions.
Over 600,000 payment cards’ info stolen
Over 99% of stolen data include names, computer files, amongst others.
Data analytics key to SEA digital banks' profitability and retention
After the initial novelty and rewards, digibank users are likely to revert to their old bank.
NAB customer alerts lead to 17% decline in scam losses
Customers are said to have abandoned $100m in possible scam payments.
Financial firms to raise gen AI spending as they seek growth benefits
Despite hype, gen AI spending is low in 2023, at around $400,000 at its highest.
ASEAN banks show impressive uptime performance in 2023 – Brankas
The report calls for better customer awareness of disruption and recommends institutions to keep at least a 99% uptime.
KakaoBank expands AI research at ICN10 data centre
Digital Realty's ICN10 data centre was selected for its optimized AI deployments.
The New World of Risks Faced by Digital Banks in Singapore
The digital banking sector in Singapore has grown in importance over the years alongside the established banks, improving the quality of financial...
Bank of Korea launches financial and economic snapshot platform
It is optimised for mobile devices to make data viewing easier for the public.
HSBC appoints Shayan Hazir as Chief Digital Officer for ASEAN
The former GLMC head has over 18 years of bank leadership experience under HSBC.
Data is the bane and boon of addressing sustainable investment gap
Wielding this tool the right way is key to pushing and meeting ESG goals, says Experian’s Sisca Margaretta.
Banks’ tech risks intensifies as digitization ramps up: Fitch
Tech failures will have significant reputational and regulatory consequences for banks.
Standard Chartered Hong Kong sees metaverse as future of banking
Banks can make use of AR/VR to offer more personalised services from the safety of clients' homes.
DBS rolls out cybersecurity training course for 280,000 SMEs
The two-hour course is made up of 10 modules.
ASEAN regulators ramp up blockchain adoption as tech expands beyond crypto: analysts
More banks and institutions are exploring its use for payments and cross-border transfers.
HKB Technology Excellence Awards 2021 opens doors for nominations
The deadline for nominations is on 25 June 2021.
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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.
