Banking Technology

GRG Banking pioneers gift card-issuing ATMs

The latest version of the automated teller machine can also issue debit cards. Read ››

Commonwealth Bank Indonesia targets mobile banking market

Commonwealth Bank Indonesia is tapping into the increasing number of middle-class people using mobile banking. Read ››

Banks urged to improve payment processing systems as NFC arises

“The key opportunity for banks is to use the point of sale collection technology to provide richer information to their clients,” HSBC’s John Laurens said. Read ››

Seamless customer service in the banking & finance industry

Banks actively seek new technology solutions to further improve market share, customer service and operational efficiency. Read ››

GRGBanking's net income up by 6.61% to US$80.46m

But after deducting the non-operating gains and losses the profit only increased by 5.39% to US$77.6 million. Read ››

Watch out for standardisation of transactional messaging: HSBC

John Laurens says standardisation of communication channels like SWIFT will also have a great impact to banking technology in the next few years. Read ››

Malaysian banks advised to tap social media

Malaysia's banks were advised to innovate their approach towards customers via the Internet as well as tap the rising importance of the social media. Read ››

Cloud vs virtualisation: What do bankers prefer?

HSBC says cloud is a more powerful concept but CIMB warns it still needs to prove its readiness to handle mainstream financial services applications. Read ››

ECB’s LTRO program

When you create a loan program to save the EU banks and make its participation voluntary, every one of those 523 banks that participates is basically admitting that they have a problem. Read ››

Is outsourcing still relevant for banks?

It all started in the 1980s when Outsourcing first come into sight in the IT industry. Read ››

To RFP or not to RFP

IBS has recently come out with its Sales League Tables for the year ended December 2011. Read ››

Mobile banking to give cash a run for its money

And who knows, cheques may even become obsolete someday; find out what CIMB's Iswaraan Suppiah and HSBC's John Laurens have to say about mobile banking. Read ››

GRGBanking signs contract with Philippines' ECTK Solution

ECTK will buy ATMs H22N/L and E300L from GRGBanking to provide service to local banks and financial institutions. Read ››

GRGBanking's total profit up 13% to US$94m in 2011

Its revenue also rose 21% to US$331.59m. According to a release, GRG Banking Equipment Co., Ltd. Read ››

GRGBanking to launch Cash-4-All suite in Miami, USA

The official launch will be on March 11-14. According to a release, Cash-4-All, GRG’s new Intelligent Cash & Cassette Management Solution will be officially launched on March 11-14, ICCOS America 2012, Miami, USA. Read ››

First GRG ATM put online for Commercial Bank of Ceylon

GRGBanking's H22N ATM was put online on February 2012. According to a release, the first GRG ATM was put online on February 2012 for Commercial Bank of Ceylon, the “Best Bank” in Sri Lanka, called by Global Finance magazine. Read ››

Virtual businesses set to grow, but what are the implications for business banking?

A report released this month by Cushman & Wakefield property consultants found that Asia is in the midst of a boom in business office rents. Read ››

How foreign investments in Indonesia continue to grow

BKPM (Indonesia Investment Coordination Board) expects foreign investments to grow to USD 19,2 billion in 2012 from USD 18,7 billion. Read ››

Realsec certifies compliance of GRGBanking

Realsec certified the compliance of the EPP-002 model of GRGBanking with their Cryptosec Remote Key Loading (RKL) which based on cryptographic HSM last November. Read ››

GRGBanking unveils story behind Myanmar's 1st ATM in 8 years

The story was revealed during the China ATMs 2012. GRGBanking attended China ATMs 2012 to reveal story behind the launch of the first GRG ATM in Myanmar, Feb 14 to 15, Ritz-Carlton, Financial Street, Beijing, China. Read ››

ATM makers hope to squeeze cash out of system

New software even plans out more efficient truck delivery routes. Read ››

GRGBanking presents cash recycler in Europe

The Multi-Function Cash Recycler H68NL works with Palm Vein Biometric Solution and Video Analyzer Tool. Read ››

Singaporean banks asked to speed up security implementation

MAS urged banks to quickly implement new measures to enhance the security of the retail payment infrastructure. Read ››

More money in the bank awaits IT providers

Retail banking IT spending in Asia-Pacific is pegged to increase by over US$7bn. Read ››

ICBC delivers heartfelt electronic banking services

A total of 1658 ICBC Telephone Banking call desk staff were on duty during the New Year holiday just passed, attending over 500,000 incoming calls from customers. Read ››

HDFC starts offering trading app for smartphones

The technology is equipped with sophisticated features to ease clients’ trading, transaction and market information gathering. Read ››

ICICI Bank to establish presence in Facebook

Opening account in the social networking site is one of its strategies to continue providing "superior banking services. Read ››

China banking watch

Read ››

Co-operative Banking Group seals deal with Teradata and Microgen

This is Teradata’s first partner bid with Microgen. Read ››

GRGBanking’s ATM location analyzer pilots in Turkey

F@ST Abacus was employed by a Turkish bank to manage its off-site ATM location selection process. Read ››

Why banking is changing for good

Imagine having instant and total control of your money. To spend, save, invest and pay whenever you need to just by tapping your finger or saying the word. Read ››

SBI kicks off mobile banking scheme for villagers

Villagers only need to produce a certificate from the headman along with photographs for opening of accounts. Read ››

GRGBanking produces first ATM in Myanmar in 8 years

The last ATM in the country was launched by Co-operative Bank back in 2003. Read ››

High speed banking: Spurring growth in Asia

Asia Pacific: rapid growth in fast payments The Asia Pacific payments market is sometimes seen as slower than that of the west. Read ››

India’s ING Vysya Bank implements Nucleus Software's FinnOne

The bank’s auto loan, home loan, personal loan, education loan and consumer loan functions are now automated. Read ››

OCBC Bank offers innovative online banking experience

Upgrades in user interfaces and features offering simple and intuitive solutions pave the way to the next generation of banking experience. Read ››

RED SEGURA and GRGHK unveils multi-vendor solution to eliminate use of magnetic cards

RED SEGURA's kit converts any ATM into an NFC/RFID/QR ATM ready while maintaining support for legacy EMV and magnetic cards. Read ››

GRGBanking to develop Myanmar’s national financing switching

GRG also signed the agreement with MIT to develop the Myanmar Payment Union. Read ››

Commonwealth Bank starts offering mobile payment app

The bank has introduced app for iPhone, Android and Windows 7 and for iPads and Android tablets. Read ››