Banking Technology

UOB’s Innovation Group is driving bank-wide adoption of AI, blockchain, and productivity-boosting tools.

Reserve Bank’s 26-point plan embeds trust and accountability at the core of financial AI innovation.

Digital platforms open private markets and lower entry barriers.

Industry experts discuss how to navigate Vietnam’s challenging digital landscape at the Asia Banking and Finance and Insurance Summit.

Value migration and AI-driven changes pose challenges for financial institutions.

Outdated technology limits wealth managers' services.

Deepfake software could create loopholes in identity systems.

It streamlines payment processes and improves reconciliation.

Digital wallets are driving demand for scalable payment solutions.

PIXEL is a fully digital credit card designed for the mobile-first generation.

Banks streamline IT costs and improve security with SaaS solutions.

It also boosts banking revenue significantly.

Coursera’s Raghav Gupta stresses the necessity of bridging the skills gap amid the rapid pace of digital transformation in the Asia Pacific banking scene.

Maybank’s Thilan Wickramasinghe reveals contrasting strategies employed by banks in the region and the impact of technological trends on the sector.

Digitalisation shouldn’t just be limited to processing automation – it can significantly  improve customer experience.  

In November, Singapore’s National AI Office (NAIO) collaborated with the Monetary Authority of Singapore (MAS) and the Smart Nation and Digital Government Office (SNDGO) in a programme to strengthen AI capabilities within Singapore’s financial sector by providing financing and access to government data. In fact, even before the pandemic, the financial services industry has already been witnessing an acceleration in digital transformation.