Banking Technology

Death of the tokens as banks use apps for authentication

Find out how Citi and UOB are simplifying authentication processes.

Global mobile wallet transactions to increase 32% to $1.35t in 2017

Nearly half of these transactions will be online payments for physical goods.

Australian banks to focus on bargaining for access to Apple's contactless payment function

The banks' application to the regulators was previously focused on fees.

Cybersecurity stalls customer adoption of fintech services in Singapore

Only 4% of customers use new payment methods in Singapore.

Chinese bankers brace for "brutal bonus season": Reuters

Dwindling business on local stock markets is to blame.

Bank of East Asia partners with IBM to launch iPortfolio Analyzer

It allows private banking clients to view their portfolios anywhere.

Citi launches app-based login solution for corporate clients

Clients no longer need a separate physical token.

POSB to enable fund transfers, card payments via chat banking on Facebook Messenger by 2Q17

For now, the AI-driven virtual assistant answers enquiries about products and services.

Check out how Chinese banks use social media

They normally use social networks in 4 phases.

Cracking the Asian banks' big data conundrum

How can banks improve the clients' banking experience without compromising data security?

DDoS attacks: Could your bank be the next victim?

Experts reveal how banks can circumvent such attacks.

RHB launches enhanced mobile banking app for affluent customers

The app has seen more than 120,000 new downloads as of October 2016.

HSBC Singapore lets customers use Apple Pay

Customers can enjoy US$3.5 off every Apple Pay transaction.