Banking Technology
China raises annual mobile payment limit of foreign visitors to $50,000
The single transaction limit has also been raised to $5,000.
China raises annual mobile payment limit of foreign visitors to $50,000
The single transaction limit has also been raised to $5,000.
Weekly Global News Wrap: BBVA sets up finance unit for clean tech; Wells Fargo sued for ‘fake accounts’ scandal
Top regulator calls for EU banks to improve risk management.
Malaysia, Cambodia float plans to link domestic payment systems
They are also aiming to eventually enable cross-border QR payments between the two countries.
Digital bank deposits to surpass $20t by end-2024
Convenience of remote banking has changed how people manage their money.
Australia’s central bank names first-ever COO
Susan Woods has served as Assistant Governor (Corporate Services) at RBA since 2018.
Visa reopens Singapore Innovtion Centre
Amongst those displayed is a pay-by-palm tech where you pay by scanning your palm.
PH’s Security Bank digitising its wealth management platform
The bank has partnered with Avaloq to automate and standardize the WM workflows.
Citi completes proof of concept on tokenization of private funds
It found new functionalities that could lower barrier-to-entry, Citi said.
Siam Commercial Bank’s Mae Manee app to undergo maintenance
It will be unavailable in the early hours of 23 February and 24 February.
Embedded finance, partnerships to shape future of SEA fintechs
Digital payments, WealthTechs, and cryptocurrency are also slated for growth.
Bendigo and Adelaide Bank warns of impersonation scams
Criminals pose as bank brands to phish money and banking information.
Citi Securities Services launched FIX API connectivity in ETF platform
This comes at just the right time with the ETF industry's impending move to T+1.
PH bank AUB takes e-wallet overseas with Alipay+ partnership
HelloMoney users can now pay via QR code in South Korea, Malaysia, and Hong Kong.
BPI Debit Mastercard to undergo maintenance on 4 Feb
ATM, e-commerce, and POS transactions will be unavailable from 12AM to 12NN.
Mastercard's Matthew Driver on how AI can boost loyalty programs, regulatory compliance
Organisations must realize that not everything is black and white and adjust accordingly.
Siam Commercial Bank advised to overhaul mobile app: analysts
Its app logged 26 failure occurrences in 2023, UOB Kay Hian analysts said.
What businesses should prioritise in generative AI adoption
Banks should focus on integrating new technology into banking processes without forgetting that humans are at the center.
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1. DBS and OCBC expected to deliver steady Q1 net profits 2. HK-based fintech KPay expands operations to Singapore 3. Endowus launches full-service digital wealth platform in Hong Kong 4. SC Ventures, ENGIE Factory back conservation financing venture 5. Hang Seng Bank warns against phishing emailResource Center
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1. DBS and OCBC expected to deliver steady Q1 net profits 2. HK-based fintech KPay expands operations to Singapore 3. Endowus launches full-service digital wealth platform in Hong Kong 4. SC Ventures, ENGIE Factory back conservation financing venture 5. Hang Seng Bank warns against phishing emailAwards
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