Banking Technology
KEB Hana kicks off mobile banking service in Vietnam
KEB Hana kicks off mobile banking service in Vietnam
It will allow immediate cash wiring through a one-time passcode upon user's request.
Korean virtual banks succumb to net losses for two straight years
K Bank and Kakao Bank saw a combined net loss of $78m in 2018.
Payment apps make headway in cash-heavy Japan
Fintech firm PayPay is setting aside $91m of reward points to incentivise usage.
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.
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1. Finance leaders flag governance risks with fast growing fintech systems 2. Why AI governance is a key priority for financial institutions 3. Foreign institutions pursue market entry as Japan strengthens fintech rules 4. Payment leaders push for interoperability to solve SME cash flow 5. Five takeaways from day 1 of the Singapore Fintech FestivalResource Center
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Asian Banking & Finance Retail Banking Awards 2025 Winner: Carlo Mariano and Ivy Uy of East West Banking Corporation
Carlo Mariano of East West Banking Corporation shares how EWBC’s regulatory solution ensures compliance while putting customers first.
Commentary
Fighting fraud in the digital banking age
Asian banking’s next frontier: Beyond growth, embracing precision
Rethinking cybersecurity: How APAC banks can safeguard against AI-powered threats
Why Singapore’s fast payments need faster protections