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Open banking in APAC: leveraging data, API for better solutions 

Banks have to remain consistent and continuous in testing best practices.
2 hours ago

South Korea’s Kakao Bank to raise over $2.2b in IPO

Shares were priced at the top end, at KRW39,000 ($34).
4 days ago

Higher adoption of QR payments ramps up Singapore’s cashless transition

In January, 1.2 million transactions were carried out via the SGQR.
4 days ago

India mulls phased roll out of central bank digital currencies: report

Its launch will require legal changes to the nation’s foreign exchange and IT rules.
4 days ago

Virtual banking trumps branch banking in Southeast Asia: study

But less than half of consumers are impressed with the digital financial services currently offered.
4 days ago

Citi rolls out real time liquidity sharing solution in APAC

Treasury teams can mobilize liquidity and fund intraday payments in real-time.
4 days ago

OCBC enables Singaporeans to directly view, pay tax in digital bank platform

Customers have the option to pay their tax balances in full or partially.
5 days ago

Citi Commercial Bank enables digital account opening in Hong Kong, Singapore

About 750 new accounts have been opened in four APAC markets through the new portal.
6 days ago

UnionBank clinches Philippines’ 4th digital bank license

UnionDigital will be a wholly-owned subsidiary of the Philippine lender.
6 days ago

Financial institutions now moving confidently to the cloud, leveraging data lakes, AI and machine learning

SmartStream’s Peter Hainz and Amazon Web Services’ Anna Green shared their insights on the advantages of on-demand and highly scalable cloud environments for banks and other financial institutions, as well as the factors hindering its adoption in the region.
6 days ago

How financial services can combat climate risks

This August, the Asian Banking & Finance and SAP will provide insights on the evolving landscape for ESG in financial services.
6 days ago

Japanese corporates’ loan demand shrunk in April-June: survey

Thirteen lenders noted that demand was moderately weaker than the preceding 3-month period.
8 days ago

India’s private banks to widen gap with state peers when economy rcovers: report

Investors will likely seek signs that private lenders will be able to step up lending once COVID subsides.
8 days ago

Banks must leverage APIs to stay ahead amidst the open revolution: Deloitte

It opens up new revenue models and lowers the cost-to-serve.
11 days ago

'Buy now, pay later' speaks to convenience as more Filipinos remain unbanked

Bypassing credit cards, the payment instalment options prove to be attractive.
11 days ago

ASEAN regulators ramp up blockchain adoption as tech expands beyond crypto: analysts

More banks and institutions are exploring its use for payments and cross-border transfers.
11 days ago