Tag: Banking
A golden window of opportunity for cross-border real-time payments in Asia
Since the 1970s, money has been transferred internationally via legacy inter-bank cross-border payment rails. However, in global banking where trade is borderless, routing cross-border...
Banking on resilience in recovery mode
We are witnessing unexpected and dramatic changes in the banking industry. On top of stiff competition from new digital challengers, traditional banks are now...
How incumbent banks can catch up with digital disruptors
As some countries begin to emerge from Covid-19-imposed lockdowns, consumers and companies are adjusting to a ‘new normal’ which includes a great deal of...
COVID-19 accelerates the race to all-digital payments future
You don’t have to be a futurist to know that, sooner or later, digital banking will be the new normal. But thanks to COVID-19,...
Traditional FSIs are embracing the public cloud one project at a...
When Amazon Web Services organized last week’s online Financial Services Cloud Symposium for existing and potential customers in the financial services field, the line-up...
Open Banking is here to stay – here’s how to make...
The current Open
Banking offering provided by most banks stops at the lowest common denominator,
providing access to a client’s current account and allowing for payment
initiation...
“And the OSPAR goes to…”: Singapore banks warm up to the...
Last month, Google
Cloud announced it had received OSPAR attestation from the Association
of Banks in Singapore (ABS) for 75 of its cloud
products, which means those...
DBS, IRAS digitalise tax payouts for businesses
DBS Bank is collaborating with the Singapore’s tax authority, the Inland Revenue Authority of Singapore (IRAS), to digitalise tax payouts and collections as part...
CIMB Philippines uses AI to score loan applicants
CIMB Bank Philippines has partnered with with Singapore-based fintech CredoLab to extend financial products to underbanked customers in the Philippines, starting with personal loans, according to a press...
Taiwan’s KGI Bank upgrades banking operations with TCS BaNCS
Tata Consultancy Services (TCS) has announced in a press release that its customer, KGI Bank in Taiwan, has successfully deployed TCS BaNCS for its...
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