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
04/21/2016
Asia Green Development Bank, one of the first commercially owned banks in Myanmar, is automating its ops with Infosys’ Finacle core banking system.
04/21/2016
Chief Executive Piyush Gupta says DBS sees Alibaba’s online-payment arm Alipay as the new face of its competition
04/20/2016
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.
04/19/2016
These would provide its customers a next-generation banking experience by enabling seamless transactions, regardless of the channel, the location and the time.
04/19/2016
Online platform Macrovue took out the top award for “Best in Show” at the Showcase.