Financial Technology

GoBear lays off 22 employees across four countries
2 Sep 20
A bulk of them were from its Vietnam office.
DBS joins trade finance network Contour
11 May 20
It can now provide digital letter of credits to clients.
How algorithmic trading is accelerating the IT Infrastructure arms race
2 Jan 12
The next generation of cross-border electronic trading is gaining strong traction over the past few years in the global financial markets....
OCBC invests S$20 M in account opening system in Singapore
1 Dec 11
OCBC Bank launched of its new S$20 million account opening system at all 56 OCBC Bank branches in Singapore.
Bank Indonesia sees need for e-money regulations
18 Nov 11
Bank Indonesia is calling for regulators to monitor purchases and banking transcations made through cellphones.
Citi appoints Sanjeev Jain as Head of Global Transaction Services for Indonesia
15 Nov 11
Jain was previously GTS’s Regional Head of Public Sector, Asia Pacific.
The wallet of the future
9 Nov 11
Mobile financial services (MFS) today encompass a variety of offerings from mobile banking, bill and credit card payments to money transfer and...
India's non banking financial firms asked to phase out use of cheques
30 Oct 11
As part of its green initiative, the Reserve Bank today asked all non-banking financial companies (NBFCs) to gradually phase out use ofcheques...
MAS lifts penalty on DBS bank for online disruption
30 Oct 11
The penalty imposed on DBS Bankby the Monetary Authority of Singapore for the disruption to its online and banking systems in July has now been...
8 out of 10 CMO’s to increase social media use in 3-5 years
26 Oct 11
And nearly 1,700 chief marketing offers believe that the digital media era is evolving the field.
Indonesia's ATM networks to be integrated by 2012
25 Oct 11
The integration of three ATM providers into a combined system should be completed by the end of 2012, a central bank official has said.
Huawei to introduce virtual ATM
25 Oct 11
Huawei Technologies will introduce the virtual ATM service in Malaysia next month.
FMB's online transaction disputes reach 3,000
13 Oct 11
The Financial Mediation Bureau is handling some 3,000 cases at the moment with the increasing number of disputes in online transactions.
Banks Urged To Rethink Traditional IT Security Practices
13 Oct 11
Banks and financial institutions should rethink their traditional network security practices as mobile devices proliferate, bandwidth demand...
Hanoi-based bank to streamline ops with Polaris platform
6 Oct 11
Vietnam government-owned bank headquartered in Hanoi will use Polaris Software Lab's Intellect Global Universal Banking M180 platform to...
Moody's invests in ChinaScope Financial
13 Sep 11
Moody's Corporation now has an ownership stake of about 16.7% of the Company.
BSN targets 300,000 Internet banking users by end-2011
12 Sep 11
Bank Simpanan Nasional is eyeing 300,000 users to its Internet banking by end of 2011, with about RM6 million transactions to be done online....
Bangkok Bank customers can now view cheques online
12 Sep 11
Bangkok Bank customers can now view images of cheques they have written through a new high-technology service enabling online banking.
Laos-Vietnam Bank to get technological facelift
8 Aug 11
The Laos-Vietnam Joint Venture Bank will transform its CorBanking software system with a US$431 million loan from the Corporation for Financing...
S. Koreans' Internet banking use inches up in Q2
31 Jul 11
The use of Internet banking in South Korea rose 0.7 percent in the second quarter from three months earlier.
Bank Andara launches world’s first mobile-enabled microfinance services network
27 Jun 11
AndaraLink offers 40mn Indonesians access to financial services via mobile terminals.
HKMA warns against fraudulent StanChart email
14 Jun 11
HKMA wishes to alert members of the public in Hong Kong to an e-mail purporting to be sent from Standard Chartered Bank Hong Kong Limited.
BaoViet Bank launches new e-bank services
14 Jun 11
Bao Viet Bank has launched the three new e-bank services namely EZ-Saving, EZ-Topup and EZ-Billing.
VietinBank to join toll collection at Tan Son Nhat Airport
25 May 11
Vietinbank signed a cooperation contract to jointly launch automatic toll collection service at non-stop toll station at Tan Son Nhat Airport,...
Maybank enhances security for Internet banking portal
5 Apr 11
Maybank has added enhanced security features to its Internet banking portal, Maybank2u.com.
ABC launches English online banking service
28 Mar 11
To enrich and improve its services, Agricultural Bank of China launched its the English-version corporate online banking service.
S-REITs poses risk to China
25 Mar 11
The expansion of the Singaporean industrial real-estate investment trusts (S-REITs) into China poses a number of business risks.
Japan quake impact on cash flows
25 Mar 11
It is important to continue to monitor relevant properties to determine the impact on profitability and values of Japan CMBS of the March 11...
Singapore banking system stable outlook
25 Mar 11
Moody's says that the outlook for Singapore's banking system is stable, and expects banks to continue to record solid profits during the...
System malfunction keeps Mizuho from processing transactions
20 Mar 11
A computer system malfunction brought Mizuho Bank's number of unprocessed transaction at 910,000.
Bangladesh govt signs e-tender deal with 5 banks
15 Mar 11
An agreement was signed between the government and five banks for introducing electronic bidding for public-works contract within the current...
SeABank chooses Cisco to manage its solutions
11 Mar 11
Cisco implemented its technologies and solutions in retail banking at SeABank.
StanChart provides link to accounts overseas
10 Mar 11
Standard Chartered Bank launched Global Link, a one-stop online banking service for high net worth clients with accounts in other countries.
Vietnam banks want latest technologies against ATM theft
7 Mar 11
Vietnam's commercial banks want the latest technologies for security solutions for ATM cards due to the rising number of cases of ATM...
Cambodia ATM numbers soar as bank sector develops
22 Feb 11
National Bank of Cambodia NBC recorded that 130 new ATMs were installed by commercial banks last year.
China Bank inks deal with SunGard
21 Feb 11
China Bank has selected SunGard’s Ambit Asset Liability Management solution.
Mandiri allocates $12M for IT development
19 Feb 11
The country’s biggest lender in term of assets, state-owned Bank Mandiri, has earmarked US$12 million for IT system development.
StanChart Vietnam joins Smartlink network
16 Feb 11
Standard Chartered Bank (Vietnam) would be the first international bank to join the Smartlink network.
ACB launches fingerprint identification system
16 Feb 11
The Asia Commercial Bank has started screening fingerprints to identify account owners instead of signature and identity cards as before.
ABC enters new safeguarding technology era
3 Feb 11
Agricultural Bank of China Limited has made substantial progress in the construction of the video monitoring network system.

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