Banking
FT Focus report shows APAC banks lag in digital transformation, two in three expect to lose market share
Banks must reposition themselves, embrace tech to avoid extinction
3 in 5 believe they will cease to exist unless they change business models
UNObank secures digital banking license in the Philippines
The Singapore-headquartered fintech company has been granted a digital banking licence to operate in the Philippines
RHB launches its Get Your Hack On in search of talent, innovative solutions
Up to US$6.3k in cash prizes and AWS credits, with MDEC & MaGIC as partners
Part of a larger effort to foster stronger ties with Malaysian startup ecosystem
OCBC Bank rolls out facial verification for ATM banking
Face verification can now be performed on select OCBC Bank ATMs in Singapore, allowing users to make account bank enquiries without ATM cards.
Maybank targets 100% growth in 2021 e-Angpao transactions, amounting to US$14.8mil
Maybank is expecting an increase in e-Angpao transactions in 2021 due to the Covid-19 pandemic – a notion spurred by “encouraging response” in 2020
HSBC Malaysia aims for digital innovations to meet fluid banking needs - ‘like breathing air’
The Covid-19 pandemic has accelerated digital initiatives for established banks. For HSBC Malaysia, it means the inclusion of several new features, as well as plans to become a “bank in the pocket.”
With leg-up from Covid-19, cloud becoming the new norm
Pandemic boosts Oracle’s ERP SaaS sales as cloud adoption picks up
Companies which paused cloud move are back with enhanced RFPs
Soft Space locks in Series B funding from Japan’s Sumitomo Mitsui Card Company
Asian fintech player raises an undisclosed Series B round from Japanese investor, giving it a major foothold in a lucrative market.
Week in Review: Merchantrade’s journey to become a disruptor bears watching
Can a traditional money services provider disrupt its own business - and then aim for the banks? Merchantrade Asia is looking to do just that.
Opportunities in digital there to be seized, speed is of essence
Accenture Malaysia leads a discussion between the Minister of Science, Technology and Innovation, Khazanah Nasional and the Employees Provident Fund on digital transformation and its implications for Malaysia.
