Financial Technology
Indian banks embrace AI to drive costs down
SBI has deployed a virtual assistant to resolve customer queries.
Indian banks embrace AI to drive costs down
SBI has deployed a virtual assistant to resolve customer queries.
CIMB Singapore debuts online application for SGD fixed deposits
It will offer promotional rates for the deposits until 31 July.
Citi hops aboard Hong Kong's chatbot race with planned Facebook Messenger chatbot
Customers will soon be able to check account balance via the messaging app.
Standard Chartered tapped for Alipay's blockchain cross-border remittance service
It will act as the settlement bank for AlipayHK and GCash.
Australia's purely digital bank Volt inks deal with fintech platform for payments
Customers will be able to connect with multiple service providers without changing existing payments and tech infrastructure.
Alibaba-backed online lender MYBank opens up tech solutions to other banks
The company is similarly boosting the digital transformation of other banks.
Korean banks to launch blockchain ID verification programme
‘BankSign’ will be officially rolled out in July.
RCBC to roll out blockchain remittance service in Japan
The move aims to cater to the overseas Filipino workers in the country.
Australia intensifies oversight over fintech lending
Moody’s lauds the move as a welcome development to improve transparency.
DBS rolls out virtual bank recruiter
‘Jim’ can save up to 40 hours monthly otherwise spent on manual processing.
Hong Leong Bank's mobile game scores eager following
It is amongst the top trending arcade games on Google Play Store.
Two in five Malaysians open to sharing bank data
However, privacy and security concerns still mar open banking adoption.
Chinese fintech companies are tapping on Asia's unbanked
Indonesia and other Southeast Asian markets are the target markets.
Thailand is developing its digital currency for interbank transactions
‘Project Inthanon’ could accelerate transaction and validation processes.
Asian banks urged to embrace fintech to slash compliance costs
Facial recognition tech might be useful to combat money laundering attempts.
Hong Kong publishes guidelines for virtual banks in Smart Banking push
The central bank is aiming to award licenses towards the end of the year.
Singapore beats Hong Kong in open banking readiness
Strong regulatory support from MAS buoyed the lion city to score the APAC crown.
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