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Banking Technology

How to Build for the Next Era of Financial Services

For years, banks treated online banking as an afterthought. A website and a mobile app were necessities, but creating a digital channel that fully serviced customers wasn’t a priority. When COVID-19 struck, customers of all demographics completely switched to online banking -- and most won’t go back. Digital banking is no longer an additional channel. From now on, digital is the default.
2 months ago

How to Build for the Next Era of Financial Services

For years, banks treated online banking as an afterthought. A website and a mobile app were necessities, but creating a digital channel that fully serviced customers wasn’t a priority. When COVID-19 struck, customers of all demographics completely switched to online banking -- and most won’t go back. Digital banking is no longer an additional channel. From now on, digital is the default.
2 months ago

DBS, J.P. Morgan, Temasek launch open platform for interbank payments

The three banks are building up on projects from their participation in Project Ubin.
3 months ago

Weekly Global News Wrap: US banks deploy AI monitoring despite concerns; Big Eurozone banks underreporting risky assets

And British digital bank Starling raises $69m from Goldman Sachs funding arm.
3 months ago

Weekly Global News Wrap: US banks deploy AI monitoring despite concerns; Big Eurozone underreporting risky assets

And British digital bank Starling raises $69m from Goldman Sachs funding arm.
3 months ago

Indonesia’s Bank BRI to offer digital banking, lending products in Bukalapak

This comes after the bank’s venture capital arm invested in the company.
3 months ago

BRI's open banking initiative clears $3b of sales in 2020

This marks a 290% annual growth for BRIAPI.
3 months ago

Citi adds ESG scores into data platform Citi Velocity Clarity

The bank has developed new tools to analyse sustainability measures.
3 months ago

South Korea's internet banking transactions up 20.6% in 2020

Daily, there were than 13 million online banking transactions in the country last year.
3 months ago

MUFG names new head of Asia systems office

She will oversee the bank's digital transformation blueprint.
3 months ago

Still a long way ahead for the Philippines' digital banking hopes

Infrastructure and consumer issues remain, even with the framework laid out.
3 months ago

HSBC Singapore launches instant digital bank registration via SingPass

Customers need only to input their SingPass credentials in order to open an online account.
3 months ago

Internet banking transactions in South Korea rose 20.6% in 2020

Daily, there were than 13 million online banking transactions in the country last year.
3 months ago

Making Better Decisions in Digital Banking - The 11 Commandments

BY AASHISH SHARMA, risk lifecycle and decision management lead for FICO in Asia Pacific.
3 months ago

Citi Hong Kong installs 360 solar panels on Citi Tower

In 2020, the bank reached its goal to source 100% renewable energy to power local operations.
3 months ago

Mizuho Bank halts leadership change following system glitches

The bank suffered four glitches in a span of two weeks.
4 months ago

Mizuho Bank halts leadership change following system glitches

The bank suffered four glitches in a span of two weeks.
4 months ago

OCBC to roll out face verification in eight Singapore ATMs

The bank will extend the technology to all of its ATMs in Singapore progressively.
4 months ago