Banking Technology
Malaysia targets web-only bank license rules by end-2019
The central bank had preliminary talks with internet-only bank operators overseas.
Malaysia targets web-only bank license rules by end-2019
The central bank had preliminary talks with internet-only bank operators overseas.
Hong Kong grants first batch of virtual banking licences
The licenses were awarded to Livi VB, SC Digital Solutions and ZhongAn Virtual Finance.
Citi targets 30% growth of APAC wealth management clients in 2019
The bank is tagetting 30% growth of Citigold clients in China.
Standard Chartered Taiwan to inject $16.2m in upcoming web-only Line Bank
Line Bank will compete with web-only bank hopefuls as only two licences will be granted by Taiwan.
Philippine banks eye launch of digital ID registry in 2019
The registry will use blockchain technology for transactions and client identity.
Weekly Global News Wrap Up: Goldman-Apple deal targets mass market amidst shrinking trading revenue; Citigroup joins consumer payments battle
And here’s why banks and Silicon Valley fintechs clash over consumers’ data.
67% of APAC ultra-wealthy investors still seek human advisors
A study suggested that over-digitalisation could alienate investors.
Hang Seng Bank takes the lead in shaping a seamless customer experience with BERI and One Collect
The bank’s key focus will be on harnessing the power of fintech to bring more breakthroughs in digital services and channels.
Hong Kong consumers more willing to share data than UK and Germany: survey
Consumers are willing to share income, location, lifestyle habit data in exchange for tailored offers.
Three's a crowd: Shinhan and fintech unicorn Viva Republica leap into Korea's internet-only banking race
The partnership will have immediate access to 11 million users of e-payment app Toss.
OCBC Pay Anyone joins order-ahead app Waitrr
OCBC’s app will automatically launch once customers select their meals.
Thailand Post unveils self-service kiosks in rural areas
It will also launch its withdrawal services by Q2.
Banks struggle with millenials' use of messaging apps
2 in 5 APAC millennials contact their RMs through chat application in Q2 2018.
Neih hou ma: Standard Chartered Hong Kong's new chatbox understands Cantonese
Stacy is available on mobile app and in StanChart's website.
Korean banks' employee numbers drop 9.2% in 2018
The rise of mobile and online banking meant less branch staff.
Japan banks bid goodbye to centuries-old tech in paperless shift
Hanko or personal stamps are being phased out.
Krungsri Bank unveils facial recognition technology for deposit account opening
It plans to expand the tech to customers opening passbooks via mobile app by Q2 2019.
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Why Philippine banks, insurers embrace hyper-personalized services
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