Digital Transformation

Balancing Digital and Physical Channels in the New Era of Banking

The COVID-19 pandemic has led to a spike in demand for digital banking experiences, a shift which banks and financial services institutions around the world have responded promptly to by accelerating product roadmaps and enabling new digital experiences. But despite

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Are You Ready for Emerging Fintech Opportunities?

From digital currencies to non-fungible tokens (NFTs), emerging technologies can streamline workflows, supercharge growth and unlock new streams of revenue. Digital transformation is disrupting nearly every industry, and the financial services sphere is no exception: Singapore, specifically, is home to

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How Custom Fields Enable Extensible Banking

One of the great advantages of a cloud-based core banking system is its inherent extensibility – that is, it has been designed to allow for the addition of new features in real-time, and to be configured by the user without

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DBS Becomes the First Singaporean Bank to Join the Metaverse With The Sandbox

DBS announced the launch of DBS BetterWorld, a metaverse experience created in partnership with Animoca Brands’s decentralised gaming virtual world The Sandbox. The partnership makes DBS the first bank in Singapore to make a foray into the metaverse. Under the

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KPMG to Accelerate Embedded Finance Adoption in Singapore With New Hub

KPMG announced plans to launch Singapore’s first embedded finance hub to provide incubation support to enterprises and financial institutions by matching participants across the industry and providing knowledge in specific areas of embedded finance. The hub is set to run

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bolttech Partners With AWS to Bolster Its Customer Support Platform

Singapore-based insurtech firm bolttech has built a new customer support platform on Amazon Web Services (AWS) to enhance its offerings for more than eight million customers in 30 markets globally. As part of its digital transformation, bolttech is migrating the

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How Indonesia’s BNPL Giant Leverages Data Science to Drive Innovation

Data science and machine learning are some of the most complex yet important business concepts today. And many companies, irrespective of their niche, rely on them to deliver a better user experience to their customers. But what role do data

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UOB Launches App For SMEs to Meet Their Financing and Business Needs

UOB announced the launch of the UOB SME app to offer small and medium-sized enterprises (SMEs) a suite of solutions that addresses their financing and business needs, both on desktop and the app. Initially available to customers in Singapore, Malaysia

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OneConnect Rolls Out All-In-One Digital Banking Solutions Suite With Pismo

OneConnect Financial Technology, a technology-as-a-service (TaaS) provider and an associate of Ping An Group, announced the launch of OneCosmo, a one-stop omni platform for all-in-one digital banking solutions jointly developed with Brazil-based technology company Pismo. The platform leverages technology such

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BaaS Needs to Double Down on Cross-Industry Partnerships to Fuel Growth

Banking as a Service (BaaS) is seen as one of the biggest opportunities in financial services and is experiencing rapid growth in APAC. Indeed, almost 9 out of 10 APAC executives surveyed by Finastra said they had already implemented BaaS

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