05/04/2016
The growth of Internet and mobile banking means that about 95 percent of Citigroup’s retail banking transactions in the region take place outside the branch network, Selvakesari said.
05/04/2016
Bitcoin is the anonymous, intangible currency used by criminals and tech companies alike, but Australia’s leading research organisation will look at ways to use its technology in our banks, businesses, and government agencies
05/03/2016
But instead of seeing fintech companies as competitors, we might as well see how we can work together and strengthen our proposition to customers.
05/03/2016
ATO powers beefed up.
05/02/2016
Instead, customer authentication is done purely using the Aadhaar card.
05/02/2016
Interestingly, the cabinet also takes into stock the rising importance of virtual currencies and the new bills will recognize them as a means of making payments and having the potential to be digitally transferred.
05/02/2016
It will also put in place and manage the data centers for the Payments Bank in order to ensure smooth functioning of the new unit.
04/28/2016
Apple Pay allows users to register credit cards on devices such as iPhones, and pay for goods and services by swiping the devices over contactless payment terminals.
04/28/2016
As the next generation of wealthy Asians increasingly look to divest family businesses, they are expected to demand more from their wealth managers in terms of quality of service.
04/28/2016
SS&C has announced the latest enhancements to its Global Wealth Platform (GWP) - the next generation cloud-based investment management solution.
04/28/2016
This rapid development is based on the continuous innovation of Avaloq’s software product, the Avaloq Banking Suite, as well as significant demand for BPO solutions.
04/27/2016
Kasikornbank, one of the largest banks in Thailand, says it is to spend THB 5 billion ($142 million) per year in a digital banking transformation project.
04/27/2016
Customer authentication is done purely using the Aadhaar card, a biometrics-enabled ID which has been issued to over one billion Indians - the world's largest biometric identification programme - the bank said.
04/26/2016
The 2015 Financial Planning Software Benchmark Report also found that IRESS continued a solid development program for XPLAN during the year.
04/26/2016
About 80 per cent of Indians, more than 90 crore, have access to mobile phones.
04/25/2016
This is partly due to a general belief that investments are for the affluent or those with financial expertise.
04/24/2016
FIS is keen on working with both existing and new customers for the institutional & wholesale segment.
04/24/2016
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
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.
04/22/2016
Investment banks that have taken initial steps to consolidate data procurement have secured overall savings of up to 20 per cent