Financial Technology

India's non banking financial firms asked to phase out use of cheques

As part of its green initiative, the Reserve Bank today asked all non-banking financial companies (NBFCs) to gradually phase out use ofcheques and...

India's non banking financial firms asked to phase out use of cheques

As part of its green initiative, the Reserve Bank today asked all non-banking financial companies (NBFCs) to gradually phase out use ofcheques and...

MAS lifts penalty on DBS bank for online disruption

The penalty imposed on DBS Bankby the Monetary Authority of Singapore for the disruption to its online and banking systems in July has now been...

8 out of 10 CMO’s to increase social media use in 3-5 years

And nearly 1,700 chief marketing offers believe that the digital media era is evolving the field.

Indonesia's ATM networks to be integrated by 2012

The integration of three ATM providers into a combined system should be completed by the end of 2012, a central bank official has said.

Huawei to introduce virtual ATM

Huawei Technologies will introduce the virtual ATM service in Malaysia next month.

FMB's online transaction disputes reach 3,000

The Financial Mediation Bureau is handling some 3,000 cases at the moment with the increasing number of disputes in online transactions.

Banks Urged To Rethink Traditional IT Security Practices

Banks and financial institutions should rethink their traditional network security practices as mobile devices proliferate, bandwidth demand expands...

Hanoi-based bank to streamline ops with Polaris platform

Vietnam government-owned bank headquartered in Hanoi will use Polaris Software Lab's Intellect Global Universal Banking M180 platform to centralise...

Moody's invests in ChinaScope Financial

Moody's Corporation now has an ownership stake of about 16.7% of the Company.

BSN targets 300,000 Internet banking users by end-2011

Bank Simpanan Nasional is eyeing 300,000 users to its Internet banking by end of 2011, with about RM6 million transactions to be done online.  

Bangkok Bank customers can now view cheques online

Bangkok Bank customers can now view images of cheques they have written through a new high-technology service enabling online banking.

Laos-Vietnam Bank to get technological facelift

The Laos-Vietnam Joint Venture Bank will transform its CorBanking software system with a US$431 million loan from the Corporation for Financing and...

S. Koreans' Internet banking use inches up in Q2

The use of Internet banking in South Korea rose 0.7 percent in the second quarter from three months earlier.

Bank Andara launches world’s first mobile-enabled microfinance services network

AndaraLink offers 40mn Indonesians access to financial services via mobile terminals.

HKMA warns against fraudulent StanChart email

HKMA wishes to alert members of the public in Hong Kong to an e-mail purporting to be sent from Standard Chartered Bank Hong Kong Limited.

BaoViet Bank launches new e-bank services

Bao Viet Bank has launched the three new e-bank services namely EZ-Saving, EZ-Topup and EZ-Billing. In details, EZ-Saving is the electrical saving...

VietinBank to join toll collection at Tan Son Nhat Airport

Vietinbank signed a cooperation contract to jointly launch automatic toll collection service at non-stop toll station at Tan Son Nhat Airport, HCM...