Banking Technology
OneConnect's Rohit Chowdhry to grace the ABF Digital & Open Banking Conference 2019
He will discuss how partnerships with ecosystem players can create open banking models.
OneConnect's Rohit Chowdhry to grace the ABF Digital & Open Banking Conference 2019
He will discuss how partnerships with ecosystem players can create open banking models.
Bangkok Bank's Chusacultanachai maps out Thailand's cashless journey
Integrating digital payments into a larger digital economy lies in collaboration between public and private sectors.
Meet Musheer Ahmed of FTAHK at the 2019 ABF Digital Payments Summit
He will discuss key drivers for fintech innovation and why coopetition will be the new norm for the payments industry.
Union Bank of the Philippines teamed up with OCBC to pilot blockchain-based remittance
The move aims to boost financial inclusion in the country.
ZhongAn International's Ken Lo joins panel at the 2019 ABF Digital Payments Summit
He will discuss key strategies on how players can adapt amidst the emergence of virtual banks.
Digital consumers power up Singapore's big three banks
DBS and OCBC generate twice or thice as much revenue from digital retail and SME customers than traditional customers, on average.
Finda helps on-the-go Koreans in securing loans
It offers evaluation of personal loans without having to submit hard copy of documents.
Michael Ho of Oliver Wyman to grace the 2019 ABF Digital Payments Summit
He will share how to compete across the payments industry amidst its digital shift.
Korean banks forge consortium to develop blockchain-based mobile identification
It will allow individuals to store key personal information needed for online transactions.
Malaysia rides on Asia's virtual banking drive
Potential web-only players could target both the unbanked and the affluent segment.
Citi launches payment outlier detection service
It uses advanced analytics, AI and machine learning to detect irregularities.
Korea resumes applications for third internet-only bank
Rejected applicants Toss Bank and Kiwoom Securities are welcome to re-apply.
Philippine banks boost tech in push for financial inclusion
Lenders are offering digital loans for farmers, a 10-minute paperless account opening process, and money transfers through mobile numbers.
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.