Banking Technology

Bank-fintech alliance a win-win, says HSBC

Lenders can learn from disruptive tech whilst aiding its champions comply with regulations.

Tokenization of trade assets to bridge financing gap

Blockchain technology could decentralize finance operations and allow easier credit access.

Siam Commercial Bank announces disruptions to SCB EASY app

It will be unavailable from 1AM to 5:30 AM on September 21-22.

Regulators' push to curb tech outages may boost bank expenses by 20%

Banks in South and Southeast Asia must enhance tech systems or face firmer penalties.

Malaysia’s central bank fines Bank of China for unapproved system relocation

The bank reportedly failed to obtain approval before relocating the systems.

Blockchain enhances liquidity in private and alternative investments

Blockchain makes private investments more accessible and boosts financial inclusion.

DBS enhances gov’t grant payouts using blockchain for faster distribution

Once conditions are met, the cash is disbursed automatically.

BOCHK warns against suspicious SMS messages

It reminded customers that it will only send messages starting with a “#”.

South Korea mulls easing “network separation” rules on financial companies

It has formed a sandbox program to allow FIs to explore the use of gen AI.

HDFC Bank launches India’s first mobile app-based digital credit card

PIXEL is a fully digital credit card designed for the mobile-first generation.

FinTech companies drive crucial cross-border transactions

The demand for faster payments, cheaper costs, and payment flexibility are three big trends for cross-border transactions.

Hong Kong central bank launches gen AI sandbox

Banks are encouraged to make full use of the sandbox.

Bank of Singapore warns against fake app

It has reported the link and app to the police and regulators.

Zed garners Filipino interest with no-fee credit card

Zed targets to expand credit access in the Philippines.

Siam Commercial Bank’s Mae Manee App undergoes maintenance on select dates

The app is unavailable on certain time periods on August 10, 16, and 17.