05/27/2015
Cybercrime rate on the rise as hackers cash in
THE Fiji Financial Intelligence Unit has received 45 cybercrime cases in the past five years, of which 15 cases were related to internet banking fraud.
FinTech
05/27/2015
Financial technology booms as digital wave hits banks, insurance firms
Industry players say mobile, social, analytics and cloud computing are key elements of the new banking era.
05/26/2015
Hong Kong hedge fund embraces SimCorp’s front office
With SimCorp Dimension, the front-to-back office technology is designed to simplify a firm's technological landscape
05/26/2015
Innovations in finance threaten leadership role of banks
Silicon Valley is coming
05/26/2015
Mercer chooses Bravura to modernise wealth business
Mercer has chosen Sonata as the core platform technology to enable its next-generation service offering
05/26/2015
Bank apps with mobile payment services on the rise
BANK apps which offer mobile payment services are growing more popular here, especially among the young and tech- savvy.
05/25/2015
Westpac asks Gen Y to help it find the next fintech start-up
As all banks grapple with the impact of huge technological shifts, Westpac hopes to get an edge over rivals by tapping into the ideas of bright, young non-bankers
05/25/2015
Alibaba ‘fighting fakes’ by fostering local brands
Chinese e-commerce giant Alibaba is working with 17 shoe manufacturers here to cultivate home-grown brands online after being criticised and even sued by luxury brand Gucci for facilitating the fake-goods trade.
05/21/2015
Transfast launches instant bank deposits to Pakistan
Customers Can Send to 99% of Bank Accounts in Pakistan
05/21/2015
Acorns Grow app launches in Australia turning loose change into share portfolios
Managing director of Instreet Investments and chief executive of the newly formed Acorns Grow Australia, George Lucas, said the app worked because it was a natural way to invest.
05/20/2015
Misys targets Islamic banking segment
With an annual growth of 17 per cent, Islamic banking is a key area where banks can stay ahead of their competition and gain market share.
05/20/2015
Thomson Reuters Launches eLearning Suite to Address Increasing Training Requirements for Financial Professionals
Thomson Reuters signs agreement with Present Value Training to expand its eLearning solutions for financial professionals facing increasing training requirements, starting in Asia
05/20/2015
GlobeOne Announces LOI with Eximbank to Bring New Mobile Banking Network to Vietnam
Low-cost mobile access to financial services will include international money transfers between Vietnam, U.S., and Mexico
05/19/2015
DBS bets big on Joey Yung and Louis Koo
DBS has given a boost to its Eminent Card with an ad campaign focused around two towering figures in Hong Kong entertainment business
05/19/2015
GPS Wealth launches tailored platform
HUB24 and independent licensee GPS Wealth have launched a new white label managed accounts platform.
05/19/2015
Philippines-based interbank network selects Gemalto
Gemalto`s Ezio Authentication Server and Mobile token will allow BancNet customers to pay their bills, check account balance, and transfer funds from their accounts with any member bank, using their computers and mobile devices to perform dynamic, multi-l
05/18/2015
A Sharia Compliant Bitcoin Platform Blossoms in Indonesia
The Blossom platform connects investors to micro-lending institutions in Indonesia and the beneficiaries receive the loan in fiat currency.
05/18/2015
Growth of Crime-as-a-Service among banks in Asia
The organization’s 2014 Internet Organised Crime Threat Assessment suggests that crime-as-a-service allows cybercriminals to develop sophisticated malicious products and services before selling them on to anyone in interested, including people and
05/17/2015
Technology, regulations spurring skills upgrade in the financial sector
More specialist skills must also be developed to address job supply mismatch
05/15/2015
MetLife’s Infinity App Wins Fifth Industry Award and Ranks as Most Popular Insurance App in Hong Kong
The Infinity app utilizes a simple interface that is privately shareable, which allows people to capture and share positive messages, photos, and videos to deliver these to their loved ones at a predetermined time in the future.