Digital Transformation
APAC Banks Lagging Behind on Digital Transformation
Banks across Asia Pacific are lagging behind the rest of the world when it comes to digitisation, with less than one third of banks in the region describing their digital transformation strategies as advanced or mature according to a new
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Why Digital Ecosystems Are Key for Incumbents to Tap a US$25 Billion Opportunity
In Southeast Asia, the emergence of fintech startups and the entrance of bigtechs and platform services providers into the financial services space are shaking up the industry, forcing traditional financial services businesses to collaborate with other ecosystem participants and venture
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Digital Technologies to Bolster Islamic Finance Market in Indonesia
Banking and financial services platform Mambu released its research series named the Disruption Diaries which seeks to understand what people think of the key trends driving the development of financial services. In Mambu’s third edition, the firm conducted a global
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Mambu’s Finding Reveals Risks if Banks Do Not Evolve
Banking and financial services platform Mambu shares its “Reinventing Banks as Disruptors” whitepaper to help financial institutions get ready for the future of core banking. Technology is evolving faster than ever and it is becoming challenging for banks to continue
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How Are SMEs in Singapore Supported on Their Digital Transformation Journey?
The onset of the pandemic has highlighted the importance for companies to embrace a digital transformation process for their businesses to stay resilient. Digital transformation can be advantageous when it comes to optimising operations, transforming products, and empowering employees. The
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Huawei Vows To Enable Digital Ecosystem-Based Finance in APAC
Huawei held its first virtual Asia-Pacific Intelligent Finance Summit 2021 with the theme “Accelerate Digital Transformation in Banking, New Value Together” on 29 July 2021. As economies across the Asia-Pacific region continue to recover and rebound, leading banks and financial
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Techcombank Ramps up Digitisation Efforts With Backbase Partnership
The Vietnam Technological and Commercial Joint Stock Bank (Techcombank) has chosen digital banking software provider Backbase to accelerate the digitalisation of its retail and corporate omni-channel engagement. Techcombank will leverage Backbase’s platform to innovate and design new digital financial services experiences
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FICO: 68% Of Singaporeans Prefer Digital Banking Channels During Financial Hardship
Over the past year, companies have had to accelerate their digital transformation just to survive. Their investments were essential to retain customers, do business remotely, keep orders flowing and manage supply chains. FICO commissioned The Asian Banker to survey more
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Enhancing Remote Working and Cybersecurity a Top Priority of Asia Pacific
Across Asia-Pacific (APAC), firms are ramping up their digital transformation efforts, focusing primarily on adopting cloud computing, improving cybersecurity and enhancing remote working, a new survey by Australian telco firm Telstra. The study, conducted in late-2020, polled 420 business decision-makers
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From Relationships to Platforms – the Shift in Corporate Banking
Banking has undergone a major shift in recent years thanks to the advent and advancement of digital banking technology. This shift has also been accelerated by the COVID-19 pandemic, with lending, trade finance and cash management functions all under pressure
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