Banking Technology

Maybank SG new banking app enables online SME current account opening

The new Maybank2u SG (Lite) app offers e-angbao gifting and other money management features.
1 day ago

Maybank SG new banking app enables online SME current account opening

The new Maybank2u SG (Lite) app offers e-angbao gifting and other money management features.
1 day ago

Mizuho submits business improvement plan following tech failures

Mizuho most recently saw disruptions to its corporate online bank services on 11 January. 

How Singapore FIs can address the tech and cyber security risks associated with public cloud adoption

The cloud is increasingly becoming the primary location for financial institutions to store and process data: most financial institutions have moved their applications to cloud platforms, and many of those that still have their data on-premise today are planning their imminent migration to cloud.

Standard Chartered appoints Roel Louwhoff as chief of tech, operations, and transformation

He replaces current COO David Whiteing, who is moving back to Australia.

DBS to only send 'essential' SMEs to retail, wealth customers

The bank assured customers that it employs a multi-layered defence system against fraud.

Singapore launches new measures to bolster digital banking security

Banks are asked to remove links in emails and SMS sent to customers.

Curbing Financial Crime Using Data Analytics 

Over the past few years, the use of data has grown exponentially as businesses adopt a digital-first approach.  

Why Siam Commercial Bank is transforming itself into a fintech group

With its reorganisation, the group plans to expand to a customer base of 200 million.

Mizuho reports disruption in corporate online banking services

This comes almost a year after Mizuho suffered system failure in early 2021.

Taipei Fubon Bank to build new wealth management platform

The new platform will be launched in Hong Kong and Singapore before its Taiwan roll-out.

Banks will lean further on tech to tackle 2022 security challenges

Covid-19 has driven large-scale growth in online banking, dramatically increasing the volume of sensitive customer data that’s available to steal. 

Five ways technology will reshape the banking landscape in Asia in 2022

While the impact of Covid has been hard felt by the financial services industry both in Asia and globally, the resulting challenges have provided the stimulus for long-overdue innovation and digitisation when it comes to the technology banks rely upon to do business.

China’s new foreign-friendly financial market brimming with opportunities, but limits still abound

If authorities remove the “execution-only” restriction in WM Connect, money flows in the channel could grow ten times bigger than the $22.5b quota, says EY’s Christine Lin.

NTUC Income’s BIX onboard UOB Asset Management’s digital advisory service

UOBAM Invest is the first partner to be onboarded in the BIX platform.

Goldman Sachs, Amazon launch suite of cloud-based data and analytics solutions

Institutional clients may accelerate time-to-market financial applications.

How Hong Kong’s livi bank aims to make banking more rewarding

They are amongst the first bank in the city to roll-out buy now, pay later services.