Banking Technology

Singapore regulator slams IBM; orders DBS to choose another vendor

In a stingingly critical assessment of the failure of IBM systems at DBS, the Monetary Authority of Singapore has ordered DBS to "reduce its material...

Singapore regulator slams IBM; orders DBS to choose another vendor

In a stingingly critical assessment of the failure of IBM systems at DBS, the Monetary Authority of Singapore has ordered DBS to "reduce its material...

CIMB Group integrates transaction banking across the region

Introduced single internet banking platform across Malaysia, Indonesia, Singapore and Thailand.

OCBC offers iPad banking and trading applications

OCBC becoming the first financial institution to launch applications for one of Apple’s latest gadget, continues to pull on technological innovation...

Maybank seeks 53% additional mobile banking customers

Enhanced M2U mobile capabilities aimed to capitalise on Malaysia's impressive 37% jump in smartphone sales.

Standard Chartered First Bank wins at the 2010 Customer Centric Management Awards

Standard Chartered First Bank (SCFB) won the Grand Prize at the 2010 Customer Centric Management Awards for its new ‘Customer First’ strategic...

HSBC unveils Renminbi internet banking services

The service was prompted by HSBC's renminbi trade settlement volume which jumped 200% in May.

UCO chooses Xchanging to implement disaster recovery solution

EastNets enables lender to incorporate transactions over SWIFT payment gateway with its existing disaster recovery infrastructure.

Commonwealth Bank kicks off Locate us

Product uses Google mapping technology for customers to get easy access to the information they are looking for.

HSBC launches instant video consultation service for customers

Lender to provide Premier Customers real-time financial advice and assistance from Relationship Managers.

Siam Commercial invests in IT security

Lender harnesses Internet to protect its business from global and political uncertainty.

China Merchants, Tencent ink strategic agreement

Country’s first cross-industry cooperation between financial and Internet organization aims to create a financial service platform.

Punjab National launches massive financial inclusion scheme

India’s Finance Minister introduced Project Namaskar to garner 100,000 touch points through 100% core banking solution.

HDFC intensifies online security to widen reach

Low-risk online transactions are now covered by lender’s Security Access as part of lender’s IT spending.

Citibank Japan to open 'smart banking' branches

Lender debuts world’s first branches with cutting-edge technology to reengineer banking process in innovative Japanese market.

Commonwealth puts new contactless payment system to test

System enables to make purchases of less than $91 without needing PIN or signature.

Maybank Singapore opens global remittance service

Lender ties-up with Western Union to provide money transfer service in 400,000 migrant workers.

Discover deploys Teradata Purpose-Built Platform Family

In addition to its existing Teradata Active Enterprise Data Warehouse, Discover Financial Services now uses Teradata appliances to support...