Banking Technology
Chart of the Week: Korean virtual banks still struggling to crack the profitability code
ROAA is still relatively low at -0.9% in December 2018.
Chart of the Week: Korean virtual banks still struggling to crack the profitability code
ROAA is still relatively low at -0.9% in December 2018.
Weekly Global News Wrap Up: Deutsche Bank reportedly eyeing to cut 20,000 jobs: EU banks short of $153b to meet capital requirements by 2027
and Austrian banks survive government's staged cyberattacks.
Singapore's fintech adoption rate almost tripled to 67% in two years: study
It is ahead of the APAC average adoption rate of 64%.
Malaysia and Indonesia go head-to-head on Islamic banking digitisation
Malaysian Islamic banks could lean on their parent groups cashing in to boost digital drive.
Singapore joins digital banking race with five licenses up for grabs
The five licenses are split into two full digital and three wholesale.
ICBC's Jimmy Chan to outline the threats and opportunities of open API
Competition and cooperation will shape the interaction between incumbents and TSPs.
Korea's virtual banks still struggle to find footing
Lenders grapple with low profitability and limited capital two years since they kicked off. After two years since their debut, Korean virtual lenders...
New Hong Kong virtual banking licenses spur demand for data jobs
The hottest roles will include data scientists, UI engineers, and full stack developers.
Taiwan embraces facial recognition in online banking
Taishin Bank will utilise the technology for clients with iPhone X by Q3.
Korea banks on big data infrastructure
It will create a financial data exchange for financial players in the country.
Japanese lenders team up with global banks for blockchain-based digital coin
It will be used to speed up overseas money transfers.
Open banking could uplift Australian banks
The big four banks will be required to make data available for transactions by February 2020.
Thailand eyes integrating biometrics into account openings by Q3
Exits for the trial period of the service could start in Q3 2018.
Taiwanese banks eye shorter banking hours as more clients opt for online banking
A number of branches by Taiwan Business Bank will close an hour-and-a-half minutes earlier.
Chart of the Week: What annoys APAC bank users the most?
Frozen credit cards no longer spark as much annoyance.
3 in 5 Hong Kongers prioritise data security over fast banking
Only 47% cited quick and easy banking as their top priority.
Ajay Mathur of DBS to share the secret to the bank's success
Beyond unique digital offerings, Ajay is also focusing his efforts on improving culture.