Banking Technology
Shinhan Bank, SCB TechX successfully complete stablecoin remittance pilot
The proof of concept was built on the Hedera network.
Shinhan Bank, SCB TechX successfully complete stablecoin remittance pilot
The proof of concept was built on the Hedera network.
Citi Commercial Bank unveils CitiDirect Commercial Banking platform
It will be available to customers in Hong Kong, Singapore, and India in H2 2023.
Southeast Asian banks thrive in competitive differences, digitalisation
Maybank’s Thilan Wickramasinghe reveals contrasting strategies employed by banks in the region and the impact of technological trends on the sector.
Thailand publishes revised consultation paper on virtual bank framework
BOT will propose licensing regulations by July.
How experts see the digital battleground of banks, payment firms
Industry leaders gather at 2023 Asian Banking and Finance Forum in Kuala Lumpur to discuss digital disruption, financial inclusion, and future trends...
MAS provides Sygnum IPA for licence
This expands their offering of regulated crypto brokerage service.
Citi to provide custody and fund services to Fubon’s latest Hong Kong ETF
The bank works with over 40 ETF issuers covering 500 ETFs in APAC.
Bank of China Int'l Holdings issues first tokenised notes in Hong Kong
The product was derived from UBS, to which it marketed to its APAC clients.
40% of APAC susceptible to scam, youth more vulnerable: Visa
The youth are 1.3 times more likely than older adults to have been victimised by scams.
Trust Is Key to Successful Digital Banking Services
Organisations in Singapore today understand that customers want convenience and a personal touch when interacting with them and utilising their...
Philippine digital bank Tonik hits 1 million customers
It furthers the bank toward its goal of financial inclusion in the country.
US SEC charges Binance for violations to securities law
The company and founder both misrepresented their restrictions on US customers.
BOCHK warns customers against phishing messages, fake app
The case has been reported to the HKMA and the police.
Livi Bank revolutionises banking for SME with fast-track account and loan approvals
Hong Kong-based digital bank leverages AI, eKYC, and machine learning to streamline banking processes for SMEs.
StanChart, SFA unveil paper exploring DLT-use in supply chain payments
The publication explores stakeholder collaboration for improved payment transparency in supply chains.
SG investment firm Whampoa Group to build digital bank in Bahrain
It aims to establish a digital bank by the end of this year.
MUFG Bank buys JPY600m shares in metaverse company TBT Lab
The bank will help develop the financial functions of the planned Japan Metaverse Economic Zone
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Why Philippine banks, insurers embrace hyper-personalized services
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Industry experts push for the rapid progress of unified customer data as a starting point.
Industry experts push for the rapid progress of unified customer data as a starting point.
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