Banking Technology
Three-fourths of Filipinos open to having a financial account online
But finance firms stand to lose 40% of new business if account opening isn’t fully online.
Three-fourths of Filipinos open to having a financial account online
But finance firms stand to lose 40% of new business if account opening isn’t fully online.
Digital adoption of OCBC's wealth products jumped 40% in Q1
Virtual wealth advisory meetings will likely be the new normal.
Bank of Singapore names new global head of products
Lim Leong Guan will concurrently be OCBC’s head of group wealth products.
CBA rolls out ‘acceptable use policy' to restrict abusive digital banking
Transactions can be refused and services suspended if a customer is found harassing others.
Former MAS chief data officer is UnionBank's new senior adviser for data and AI
David Hardoon led the development of AI strategy for MAS and Singapore’s financial sector.
Malaysian firms lose 40% of new accounts as locals look to open online
Only 6-9% of customer finish applying for a non-fully digital account opening service.
Banks need to rethink their game plan in the digital age
In financial services, the rise of digital banks challenges traditional banks to adopt new approaches to remain competitive.
Tech-Driven Next-Gen Corporate Banking: Trends and Implications in APAC and Japan
Corporate banking is at a critical juncture of accelerated change
DBS unveils customised digital financial planning tool
It is integrated into the DBS/POSB internet banking app.
Digital banking to flourish in APAC by 2025: study
Over three-fifths of clients are willing to switch to neobanks.
UnionBank bolsters digital tools amidst Philippine lockdown
It recorded a 160% surge in online banking sign-ups in March.
Bottomline: An all-access pass to the global payments' highway
As new payment networks emerge, banks are seeing transactions move beyond SWIFT and traditional payment methods.
A third of Hong Kong adults to have digital bank accounts in 2025: study
Currently, only 16% or 999,000 people own one.
OCBC launches Google Pay P2P funds transfer service in Singapore
Customers can use PayNow to make real-time money transfer transactions.
Maybank Singapore, Liquid Group float QR payment platform for merchants
ABS will grant $25 in cash to the first 20,000 new PayNow sign-ups until 31 July.
Singapore regulator defers digital bank licence review to H2 2020
It had earlier planned to announce the successful applicants in June.
Will open banking be the next wave of digital transformation in Asia's financial industry?
Open banking is emerging as a key trend and the next ‘wave’ of digital transformation in global financial markets. At its core, it is focused on data...
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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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