Banking Technology

OCBC launches cheque encashment service in select ATMs

Customers will be able to encash up to $30,000 in a single cheque in ATMs at 23 branches.

OCBC launches cheque encashment service in select ATMs

Customers will be able to encash up to $30,000 in a single cheque in ATMs at 23 branches.

Bank BRI unveils digital credit mobile app

It has a flat interest rate of 1.42% monthly or 17.04% annually.

Only 1 in 5 of APAC banks has an AML compliance strategy: study

Only 8% have an integrated system or specific executive to report these functions.

DBS closes first trade finance deal on TFP worth $4.8m

SMEs can access trade finance solutions from different banks in a single platform.

DBS launches portfolio advisory tool for managing investments

It generates an assessment of a client’s portfolio in less than five minutes.

UnionBank launches forex mobile platform

Customers will be able to access forex rates throughout the day.

UnionBank launches forex mobile platform

Customers will be able to access forex rates throughout the day.

Singapore central bank warns of fake calls impersonating staff

It stressed that it would never ask the public for personal or bank information.

Data and automation will help Hong Kong banks survive until the next decade

Emerging technology and customer data will help banks weather low interest rates and new competition.

ZA Bank cools off price war talks: report

It offers an introductory deposit rate of 6.8%.

Accelerating Indonesian microfinance with high tech and high touch

Economic inclusion can seem like a faraway goal for many, if not most, countries around the world. Achieving it would mean being able to lift people...

Singapore, US to support financial data cross-border transfer

It will be allowed as long as financial regulators have access to data.

Japan's SBI Holdings injects $20m into API software firm OpenLegacy

SBI will use the technology to establish the blockchain-based payment app MoneyTap.

Malaysian small lenders endangered by digital banks' entrance

More competition could jumpstart a build-up of debt within lower-income borrowers.

Grab, AirAsia, Razer in talks for Malaysian digital banking licence bid

Up to five licences will be granted to either conventional or Islamic banks.