Banking Technology
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.
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.
Grab, AirAsia, Razer in talks for Malaysian digital banking licence bid
Up to five licences will be granted to either conventional or Islamic banks.
TONIK ties up with Finastra to support Philippine virtual bank launch
It will launch in the country sometime in 2020.
DBS unveils QR-based B2B payments solutions
Suppliers will have the option of instantly enhancing credit terms for each invoice.
Future Ready: How can banks build a checkmate-proof IT strategy in 2020?
Heavy investments in technology will mean nothing without investing in manpower, according to experts.
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CIMB Niaga leads the way in captivating Indonesia’s youth
![CIMB Niaga leads the way in captivating Indonesia’s youth]()
The bank’s digital solutions are winning over younger generations with 3.2M mobile users and 96% digital transaction rate in 2023.
The bank’s digital solutions are winning over younger generations with 3.
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