Banking Technology
Indian financial industry to spend $6.8B on IT
The Indian financial services industry will spend Rs 37,700 crore or US$6.8 billion on IT products and services in 2012.
Indian financial industry to spend $6.8B on IT
The Indian financial services industry will spend Rs 37,700 crore or US$6.8 billion on IT products and services in 2012.
Regulatory reporting challenges for Asian banks
With the increasing intensity of regulatory oversight, the importance of a bank’s ability to report to local regulators and respond to ad-hoc...
Asia becomes a mature market for private banking
The world of Private Banking in Asia is changing quicker than ever before. The last economic crisis forced the banks as well as the bankers to change...
Optimising for customer value across channels
In today’s competitive, cost-conscious and profit-driven economy, Asian banks must continually focus on optimising their distribution channels in a...
India Post to set up ATMs in Assam
India Post will soon foray into core banking solution and set up 24 ATMS in Assam.
GRG Banking pioneers gift card-issuing ATMs
The latest version of the automated teller machine can also issue debit cards.
Commonwealth Bank Indonesia targets mobile banking market
Commonwealth Bank Indonesia is tapping into the increasing number of middle-class people using mobile banking.
Banks urged to improve payment processing systems as NFC arises
“The key opportunity for banks is to use the point of sale collection technology to provide richer information to their clients,” HSBC’s John Laurens...
Seamless customer service in the banking & finance industry
Banks actively seek new technology solutions to further improve market share, customer service and operational efficiency.
GRGBanking's net income up by 6.61% to US$80.46m
But after deducting the non-operating gains and losses the profit only increased by 5.39% to US$77.6 million.
Watch out for standardisation of transactional messaging: HSBC
John Laurens says standardisation of communication channels like SWIFT will also have a great impact to banking technology in the next few years.
Malaysian banks advised to tap social media
Malaysia's banks were advised to innovate their approach towards customers via the Internet as well as tap the rising importance of the social media...
Cloud vs virtualisation: What do bankers prefer?
HSBC says cloud is a more powerful concept but CIMB warns it still needs to prove its readiness to handle mainstream financial services applications...
ECB’s LTRO program
When you create a loan program to save the EU banks and make its participation voluntary, every one of those 523 banks that participates is basically...
Is outsourcing still relevant for banks?
It all started in the 1980s when Outsourcing first come into sight in the IT industry. This was the time when companies acknowledged the benefits of...
To RFP or not to RFP
IBS has recently come out with its Sales League Tables for the year ended December 2011. The analysis has shown that IT vendors concentrating on the...
Mobile banking to give cash a run for its money
And who knows, cheques may even become obsolete someday; find out what CIMB's Iswaraan Suppiah and HSBC's John Laurens have to say about mobile...
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