Banking Technology
Harnessing the power of AI to accelerate financial inclusion
There is a popular analogy comparing artificial intelligence (AI) to electricity. Just like the role of electricity during the second industrial...
Harnessing the power of AI to accelerate financial inclusion
There is a popular analogy comparing artificial intelligence (AI) to electricity. Just like the role of electricity during the second industrial...
Majority of Asian banks running archaic core banking tech: study
Outdated systems increase banks' cost-to-income ratio.
DBS, cloud software firm Infor float new trade finance venture
It will utilise supply chain data for risk and credit worthiness.
MUFG Bank to digitize personal stamp forms with robotics, AI
The lender will digitize over 300 million pages of paper forms stored in warehouses.
Australian neobank Tyro, Mambu partner for term deposit offering
Mambu's composable banking approach allows Tyro to launch products quickly.
UOB, digital firm Getz to help Singapore F&B merchants build online presence
Merchants will only need to pay capped transaction fees.
Only one in APAC's 50 biggest banks was prepared for a pandemic
Only Sumitomo Mitsui Trust Holdings identified a pandemic as a key risk to business operations.
Kasikornbank unveils facial recognition tech for Boonterm kiosks
It will allow customers to access financial services across 1,300 Boonterm kiosks.
Opening a new chapter in Asia's digital banking boom with e-KYC
The World Bank estimated that over 1.7 billion individuals remain unbanked today. The trend is reflected in Southeast Asia, where more than 70% of its...
Digital banking firm Backbase opens Sydney, Melbourne offices
It comes after the launch of its APAC base in Singapore.
Bank Central Asia, Cloudera partner for data and machine learning
The banks hopes to streamline processes and protect clients from fraud.
Eight in 10 Singaporeans will stick to online banking after the pandemic
Almost 70% of those aged 54 and above have grown comfortable to online banking.
Australia's Consumer Data Act goes live for data sharing
Customers can now share their banking data to access personalised financial products.
Singapore banks set to fast-track digital transformation due to COVID-19
The COVID-19 pandemic forced Singapore banks to change tack in order to meet social distancing and work from home requirements. However, it didn’t...
Hong Kong, Singapore play catch-up with mobile banking apps
European financial firms dominated the global top ten of Sia Partners’ study.
COVID-19 Impact on FIs' IT Plans in Japan and APAC
In the transitional period from the unprecedented emergency to the new normal, the Japanese and APAC financial institutions have stepped up their...
Korean central bank launches legal advisory for digital currency
But BOK denied that they are preparing for an actual launch of a digital currency.
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Why Philippine banks, insurers embrace hyper-personalized services
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Industry experts push for the rapid progress of unified customer data as a starting point.
Industry experts push for the rapid progress of unified customer data as a starting point.
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