Risk and regulatory executives from financial services sector in the region are more worried about their organisations’ ability to comply with upcoming regulations this year as compared to last year.
Bank of China and Sheng Siong jointly offer contactless credit card in Singapore
Supports the republic’s cashless goal and helps the supermarket chain improve its operations.
Singtel's Dash now offers Visa virtual account in its mobile wallet
Payments via the Dash Visa Account are accepted at more than 50,000 merchant points across Singapore and on local e-commerce sites including Qoo10, Zalora and HungryGoWhere.
Indonesian bank taps on Finastra to deliver its mobile banking app
BTPN leveraged Finastra’s FusionBanking Essence Digital platform for its Jenius app.
On-demand services help accelerate mobile payment adoption in Singapore
Peer-to-peer payment is also gaining traction in the republic, according to Visa’s survey.
Singapore's OCBC Bank works with fintech startups to enhance its anti-money laundering capabilities
The startups leverage artificial intelligence to shorten the time taken and reduce the complexities in the bank's suspicious transaction monitoring process.
Hong Kong’s Silverhorn streamlines asset management
MioTech provides Silverhorn and their clients with single platform for asset management.
Indonesia’s Bank OCBC NISP strengthens corporate security for BYOD
Deploys Palo Alto Networks Next-Generation Security Platform to combat cyberthreats.
31 percent of Chinese consumers believe a fully cashless society will be realised in 10 years
Security is the biggest hurdle to the adoption of cashless payments, with 62 percent of respondents believing that such payments increase the chances of becoming a victim of fraud or theft.
Singapore consumers can now make instant travel claims from MSIG
The insurance company also plans to use real-time electronic payment service in its organisation.
20 percent of Singapore consumers planning to switch banks in next 12 months
Overall satisfaction is higher among banking customers who use a mobile banking app than those who do not, according to J.D. Power's survey.
