Banking Technology

Malaysia and Indonesia go head-to-head on Islamic banking digitisation

Malaysian Islamic banks could lean on their parent groups cashing in to boost digital drive.

Singapore joins digital banking race with five licenses up for grabs

The five licenses are split into two full digital and three wholesale.

ICBC's Jimmy Chan to outline the threats and opportunities of open API

Competition and cooperation will shape the interaction between incumbents and TSPs.

Korea's virtual banks still struggle to find footing

Lenders grapple with low profitability and limited capital two years since they kicked off. After two years since their debut, Korean virtual lenders...

New Hong Kong virtual banking licenses spur demand for data jobs

The hottest roles will include data scientists, UI engineers, and full stack developers.

Taiwan embraces facial recognition in online banking

Taishin Bank will utilise the technology for clients with iPhone X by Q3.

Korea banks on big data infrastructure

It will create a financial data exchange for financial players in the country.

Open banking could uplift Australian banks

The big four banks will be required to make data available for transactions by February 2020.

Thailand eyes integrating biometrics into account openings by Q3

Exits for the trial period of the service could start in Q3 2018.

Taiwanese banks eye shorter banking hours as more clients opt for online banking

A number of branches by Taiwan Business Bank will close an hour-and-a-half minutes earlier.

Chart of the Week: What annoys APAC bank users the most?

Frozen credit cards no longer spark as much annoyance.

3 in 5 Hong Kongers prioritise data security over fast banking

Only 47% cited quick and easy banking as their top priority.

Ajay Mathur of DBS to share the secret to the bank's success

Beyond unique digital offerings, Ajay is also focusing his efforts on improving culture.

Korea trials drive-thru banking in fintech sandbox

Woori Bank aims to make the service available in restaurants and car parks near the airports.

Singapore may soon allow virtual banks: DBS CEO

Gupta, however, believed that they may not pose a significant threat.