Banking Technology
Siam Commercial invests in IT security
Siam Commercial invests in IT security
Lender harnesses Internet to protect its business from global and political uncertainty.
China Merchants, Tencent ink strategic agreement
Country’s first cross-industry cooperation between financial and Internet organization aims to create a financial service platform.
Punjab National launches massive financial inclusion scheme
India’s Finance Minister introduced Project Namaskar to garner 100,000 touch points through 100% core banking solution.
HDFC intensifies online security to widen reach
Low-risk online transactions are now covered by lender’s Security Access as part of lender’s IT spending.
Citibank Japan to open 'smart banking' branches
Lender debuts world’s first branches with cutting-edge technology to reengineer banking process in innovative Japanese market.
Commonwealth puts new contactless payment system to test
System enables to make purchases of less than $91 without needing PIN or signature.
Maybank Singapore opens global remittance service
Lender ties-up with Western Union to provide money transfer service in 400,000 migrant workers.
Discover deploys Teradata Purpose-Built Platform Family
In addition to its existing Teradata Active Enterprise Data Warehouse, Discover Financial Services now uses Teradata appliances to support...
Hong Leong Bank launches new online service
Important account management functions will be served online through lender's new banking innovation.
China Mobile to buy 20% of Pudong Bank
Yet paying $5.8bln for investment in the bank to dominate country’s mobile market was greeted adversely.
State Bank of India upgrades centralised banking system
Lender invested additional $192,475 to step up customer service in its 13,000 branches through technology.
Banks hold back on replacing old ATMs: Wincor Nixdorf
ATM manufacturer reports sales down, profits down, no sign of recovery as banks delay replacing old systems.
Punjab National Bank website attacked by malware
Damages to customers' PCs have been done as hackers were able to penetrate PNB website.
The Asian IT industry amid crisis - opportunity or threat?
The banking world hasn't been as dynamic as we see it today and bankers are looking at technology as an enabler to meet up with the challenges of...
Bendigo, Suncorp plan on sharing ATM networks
Connection of about 1600 ATMs of two banks could be accomplished by March 2010.
HSBC has new personalized touchscreen ATMs
New touchscreen ATMs with personalisation functions were introduced in seven HSBC sites across Hong Kong. Taking the lead in personal financial...
DBS, State Bank of India to launch service
New online remittance service can transfer money from Singapore to India in no time. Through the service, known as 'DBS2SBI Remittance', DBS/POSB...
Commentary
Are Asia’s digital banks prepared for the stablecoin era?
Why APAC is building home-currency stablecoins
Why Southeast Asian wealth managers must design the business before buying the technology
Why trust in Asian banking increasingly gets built off the record
Hong Kong cleared stablecoins for take-off. Getting them to work across Asia is the hard part
The financing challenge behind Asia’s wealth transfer
Banks need to rethink identity governance for AI agents
From stablecoins to sovereignty: The rise of trust-based digital dollar systems