Banking Technology
Bringing 5G to life in the banking and financial services sector
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. 
                    
                                        
                    
                HSBC unveils Well+, incorporates banking and insurance in one platform
                                                                                                 
                        
                          Customers can earn rewards of up to $2,000.
                    
                                        
                    
                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...
                    
                                        
                    
                Weekly Global News Wrap: India’s Paytm Bank punished for data lapses; Record bonuses spur Wall Street banks’ staff churn
                                                                                                 
                        
                          And Barclays suspends sales of two products related to oil, volatility.
                    
                                        
                    
                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.
                    
                                        
                    
                Curbing Financial Crime Using Data Analytics
                                                                                                 
                        
                          Over the past few years, the use of data has grown exponentially as businesses adopt a digital-first approach.