04/24/2016

Fintech won't replace banks, says OCBC group chief

Fintech firms will make inroads in segments of banking that require less trust, but banks will still have the upper hand when it comes to the customer’s trust, he noted, adding that OCBC is not about to invest in financial technology firms just to m

04/22/2016

Maybank Private Wealth goes live on Avaloq Banking Suite

The deal involves the introduction of a fully integrated solution for the Maybank’s Singapore-based regional wealth management business, and is in line Maybank’s ongoing drive to expand its digital footprint in the region.

04/20/2016

Global FinTechs take on Big Four in new Australian frontier

The government is supportive: it wants to develop Sydney as a FinTech hub similar to the Silicon Valley and has announced tax breaks for early-stage investments as well as a visa scheme for entrepreneurs to attract talent.

04/18/2016

Would you trust a robot with your finances?

Interest has spiked in so-called robo-advice, where people have financial plans tailored for them by computers instead of advisers, after Macquarie Bank’s cut-price offering allowed people to experiment with the technology for as little as $100.

04/18/2016

Visa & AIBIM on the lookout for fintech startups

Visa and the Association of Islamic Banking Institutions Malaysia have partnered to launch the ASEAN Fintech Challenge in conjunction with the Global Islamic Finance Forum 2016 from 10th to 12th May in Kuala Lumpur.

04/18/2016

OCBC Extends Implementation Of OneTouch Fingerprint Logins

The OCBC Mobile Banking app for iPhones, launched in March 2015, was the first banking app in Singapore to allow customers instant fingerprint access to view their balances and transaction histories across their bank accounts, credit cards and investments

04/18/2016

Japanese Bank Acknowledges Mijin Blockchain Infrastructure Test

Various financial institutions and blockchain providers are testing distributed ledger technology solutions these days. Tech Bureau Inc. provides blockchain infrastructure through Mijin, and their blockchain infrastructure was successfully tested by SBI S