Digital Transformation
Transforming the Future of Banking Through Cloud and Open-Source Technologies
The banking sector has undergone a significant transformation thanks to the introduction of cloud and open-source technologies. Previously, banks relied on legacy systems and proprietary software, resulting in operations being siloed, scalability being limited, and high costs. However, with the
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Huawei Financial Partner Go Global Program Empowers Asia Pacific’s Financial Landscape
In today’s rapidly evolving world, technological advancements not only create commercial value but also have the power to bring about significant positive changes in society. However, there are still 1.7 billion people worldwide who lack access to financial services. Embracing
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Next Capital Goes Live With Lending Products on Mambu’s Platform in 4 Months
Thailand’s technology-driven auto leasing company Next Capital partnered with cloud banking platform Mambu to launch a new suite of lending products in just four months. Next Capital went live on Mambu’s cloud banking and lending platform without the need to
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Are Major Banks in Singapore Realising Their Digital Transformation Agendas?
Singapore, renowned as a financial hub and the prominent digital economy in Southeast Asia, is spearheading digital transformation in financial services, including its incumbent banks. While traditional banks have been sluggish to modernise in the past, this recent digital transformation
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Temenos and AWS Join Forces to Deliver Core Banking Solution as SaaS
Banking software company Temenos has expanded its relationship with Amazon Web Services (AWS) to offer its core banking solutions as Software-as-a-Service (SaaS). Running Temenos Banking Cloud composable banking services on AWS enables retail, commercial and private banks – incumbents and
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Broadridge: Financial Firms to Increase Next-Gen Tech Investment in the Next 2 Years
Digital transformation has become the most important strategic initiative for many financial services firms, with innovative technologies underpinning core business strategies. The third-annual Broadridge Digital Transformation and Next-Gen Tech study surveyed 500 C-level executives and direct reports across the buy-
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How Embedded Finance Is Revolutionising Financial Services in Southeast Asia
Embedded finance is a thriving trend that is rapidly changing the banking and financial services landscape in Southeast Asia. With around 290 million unbanked consumers in the region, embedded finance has the potential to help improve financial inclusion for those
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Finastra: APAC Banks Lead the Global Pack In Fintech Partnership Investments
Fintech partnerships are a critical part of APAC banks’ strategies with 87% of them planning to connect with an average of four fintechs in the next 12-18 months, according to a research by Finastra, a financial services software and cloud
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UOB Invests S$500 Million to Build Innovation Center in Punggol Digital District
UOB will invest more than S$500 million to be the first local bank to establish a presence in JTC’s Punggol Digital District (PDD), Singapore’s first smart and sustainable business district. The 300,000 square feet center is targeted to be completed
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Breaking the Mold: How Next-Gen FSIs are Redefining Digital Experiences
As the world increasingly relies on digital technology, financial service institutions (FSIs) are constantly adapting to meet the changing needs of their customers. FSIs must reimagine their digital experiences to stay competitive and provide a more seamless and efficient customer
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