Banking Technology
Open source drives digital banking fanfare in ASEAN
Traditional banks are embracing open source solutions and reaping the benefits of increased market agility.
Open source drives digital banking fanfare in ASEAN
Traditional banks are embracing open source solutions and reaping the benefits of increased market agility.
Red Hat transforms banking with groundbreaking software solutions
Banks can cope with disruption through Red Hat's cost effective solutions.
OCBC launches cheque encashment service in select ATMs
Customers will be able to encash up to $30,000 in a single cheque in ATMs at 23 branches.
Bank BRI unveils digital credit mobile app
It has a flat interest rate of 1.42% monthly or 17.04% annually.
Only 1 in 5 of APAC banks has an AML compliance strategy: study
Only 8% have an integrated system or specific executive to report these functions.
DBS closes first trade finance deal on TFP worth $4.8m
SMEs can access trade finance solutions from different banks in a single platform.
DBS launches portfolio advisory tool for managing investments
It generates an assessment of a client’s portfolio in less than five minutes.
UnionBank launches forex mobile platform
Customers will be able to access forex rates throughout the day.
UnionBank launches forex mobile platform
Customers will be able to access forex rates throughout the day.
Singapore central bank warns of fake calls impersonating staff
It stressed that it would never ask the public for personal or bank information.
CIMB Singapore launches virtual account for businesses
It digitises companies’ cash flow.
Data and automation will help Hong Kong banks survive until the next decade
Emerging technology and customer data will help banks weather low interest rates and new competition.
ZA Bank cools off price war talks: report
It offers an introductory deposit rate of 6.8%.
Accelerating Indonesian microfinance with high tech and high touch
Economic inclusion can seem like a faraway goal for many, if not most, countries around the world. Achieving it would mean being able to lift people...
Singapore, US to support financial data cross-border transfer
It will be allowed as long as financial regulators have access to data.
Japan's SBI Holdings injects $20m into API software firm OpenLegacy
SBI will use the technology to establish the blockchain-based payment app MoneyTap.
Malaysian small lenders endangered by digital banks' entrance
More competition could jumpstart a build-up of debt within lower-income borrowers.
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Why Philippine banks, insurers embrace hyper-personalized services
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Insurance
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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