Banking Technology

Over 17 million Koreans use online financial services daily: central bank

Two in three Korean respondents use mobile financial services.

Over 17 million Koreans use online financial services daily: central bank

Two in three Korean respondents use mobile financial services.

Bringing 5G to life in the banking and financial services sector

More than a vision, 5G is a reality that organisations are deploying right now – but that’s  only the beginning of what’s possible. Over the next few...

Malaysia’s new digital banks fated to remain niche in medium term

Regulatory limits and competition make it unlikely to break into the mainstream until 2026.

Digitalisation vs digitisation: How they differ in transforming the banking industry

Citi laid out its digital transformation story as an example of how banks have evolved. 

Enterprise Agility: How Digital Banks Can Stand Out from the Crowd

Although digital banks have captivated financial institutions and end-customers alike, the  concept often means different things to different people. ...

Journey towards financial inclusion in Bangladesh

Bangladesh has established its position as a pioneering country to have made significant strides towards financial inclusion and its vision ‘Digital...

How AI is Modernising Data for the Financial Services Industry

In November, Singapore’s National AI Office (NAIO) collaborated with the Monetary Authority of Singapore (MAS) and the Smart Nation and Digital...

DBS Digital Exchange poised to become key player in digital assets 

The members-only exchange is one of the world’s first bank-backed digital exchanges.

BRI employs AI ‘brain’ to merge its digital and physical presence

BRIBrain has helped the bank reduce loan application times from 2 weeks to 2 minutes

UnionBank joins sandbox for digital currency use

The sandbox will evaluate CBDC use cases.

Mizuho Bank to invest $61m in Philippine digital bank operator Tonik Financial

The bank hopes to cash in on the Philippines growing digital finance sector.

MAS slaps S$930m additional capital requirements for DBS

This comes after the bank’s digital services went offline in November.

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.

Mizuho submits business improvement plan following tech failures

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

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

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