Digital Transformation

Backbase ENGAGE Asia Forges Roadmap for Futuristic Banking Transformation

Platformification, modernisation, banking transformation, financial inclusion, digital innovation, composable journeys, and omnichannel experiences—these are not just objectives and aspirations, but the very fabric of the banking industry’s evolution. Across Asia, banking leaders fervently discuss these topics, recognising their significance in

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StanChart’s audax and Thought Machine Tie Up for Digital Banking, BaaS Solutions

audax Financial Technology, backed by Standard Chartered, and Thought Machine, a cloud-native banking technology company, have announced a strategic partnership aimed at reshaping the banking technology arena. The partnership is set to deliver digital banking and Banking-as-a-Service (BaaS) solutions designed

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Elaine Heng to Lead OCBC’s Newly Formed Strategy and Sustainability Division

OCBC Bank has established a new division named Group Strategy, Innovation, and Sustainability. The division aims to anchor the bank’s strategic direction, fostering innovation and sustainability efforts. The new division, set to commence on 22 April 2024, will play a

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Visa, GSMA Launch Digital Finance Inclusion Initiative for 20 Million People Globally

Visa is collaborating with the GSMA Mobile for Development Foundation to launch the Digital Finance for All (DFA) initiative. This project, set to span five years, targets the promotion of digital financial access for 20 million people, focusing on women,

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Digital Offerings like BaaS to Contribute Over 40% of APAC Banking Revenue By 2030

Banks in Asia-Pacific (APAC) are diversifying their offerings and embracing innovative digital strategies including super-app platforms, financial marketplaces and banking-as-a-service (BaaS) models. By 2030, these business models and digital offerings will contribute over 40% of banking revenue, representing some of

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VIB Upgrades Core Banking System with Temenos, Leverages AWS Cloud

Vietnam International Bank (VIB) has implemented the latest version of the Temenos Core Banking solution, powered by Amazon Web Services (AWS). This collaboration also includes ITSS, a Swiss technology and IT services firm. The upgrade to Temenos’ R23 Core Banking

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Visa Launches Revamped Innovation Center in Singapore

Payment giant Visa has unveiled its newly transformed Innovation Center in Singapore which will serve as a collaborative space for partners, clients, and businesses across the Asia Pacific region, fostering the development of advanced payment solutions. As the digital payment

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5 Key Fintech Takeaways From the Singapore Budget 2024

Singapore has emerged as a frontrunner in the global fintech landscape in recent years, with a robust ecosystem fostering innovation and growth. According to Statista, the transaction value of the fintech sector in Singapore is projected to soar to US$

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Ceridwen Choo Named CEO of New Payment Innovation Unit at DCS Card Centre

Singaporean fintech DCS Card Centre has established the DCS Innov, a fresh division aimed at propelling digital innovation in the payments space. Ceridwen Choo, an executive known for her extensive experience in the fintech and global payment networks, has been named

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How a Master of IT in Business Can Enhance Your Career

COVID-19 has upended businesses and traditional scopes of work across the world. On the flip side, the pandemic has also created new job prospects and lucrative opportunities in the face of digital change. With the rise in technological advancements further

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