Archive

DBS Partners AWS To Future-Proof Employees With AI & Machine Learning Skills

DBS is taking steps to future-proof its workforce by announcing a collaboration with Amazon Web Services (AWS) to ensure its employees are equipped with fundamental skills in Artificial Intelligence (AI) and Machine Learning (ML) by the end of the year.

Read More

How Artificial Intelligence is Powering Asia’s Fraudtech Fight Against Financial Crime

Advances in technological fields including artificial intelligence (AI) and biometrics are providing new ways for financial institutions and startups to combat the surge in fraud and financial crime resulting from the rise of digital banking and fintech. With governments across

Read More

Korea’s $2 Billion Unicorn Toss Join Forces With CIMB Bank Vietnam For In-App Banking Solution

Alongside big names like China and Singapore, South Korea is a rising star in the Asian tech giant battlefield. This nation of 50 million people is known for its tech-savvy population and general wealth – unsurprising for a country that

Read More

Singapore’s BondEvalue Launches Blockchain-Based Bond Exchange

Singapore fintech BondEvalue has launched the BondbloX Bond Exchange (BBX), a blockchain-based exchange that makes possible fractional ownership of bonds by allowing them to be traded in smaller denominations of US$1,000. The company said that this paves the way for

Read More

MAS Commits S$250 Million to Drive Innovation and Build Fintech Talent Pipeline

The Monetary Authority of Singapore (MAS) announced that it will commit S$250 million over the next three years under the enhanced Financial Sector Technology and Innovation Scheme (FSTI 2.0) to accelerate technology and innovation-driven growth in the financial sector. Funded

Read More

DBS Vickers Powers Ahead With Digitalisation Plans To Double Regional Trading Volume

DBS Vickers (DBSV), the brokerage arm of DBS Bank, continues with digitalisation plans which they said will enable it to double its regional trading volume across its retail and institutional segments by 2025. The brokerage’s shift to digital has been

Read More

Vietnam’s Challenger Timo Changes Banking Partner, Cuts Ties with VPBank

Vietnam’s digital banking platform Timo has warned that from September 8, 2020, existing customers will no longer be able to access their accounts at Vietnam Prosperity Joint-Stock Commercial Bank (VPBank) through the Timo app and web platform. Customers wishing to

Read More

RCBC’s Diskartech Reaches 1 Million Downloads

DiskarTech, powered by Rizal Commercial Banking Corporation (RCBC), has reached one million downloads just 38 days from its market launch. It was also ranked second overall amongst mobile apps in the country by Google Play Store and Apple Store and

Read More

Asia is Emerging as a Paytech Powerhouse

Fueled by surging mobile and Internet penetration rates, rising fintech adoption and the huge amounts of funding being injected into the sector, Asia is rapidly emerging as a paytech powerhouse. What is paytech Like other financial verticals, the payment industry

Read More

Philippines Central Bank Joins Digital Currency Race

Bangko Sentral ng Pilipinas (BSP), the Philippines’ central bank, has created a committee to look at the feasibility and policy implications of issuing its own digital currency, governor Benjamin E. Diokno said on July 29. “We have to first look

Read More