Digital Transformation
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
Read MoreBroadridge: 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-
Read MoreEmbedded Finance in Southeast Asia is Revolutionising Financial Services
Embedded finance in Southeast Asia is a thriving trend that is rapidly changing the banking and financial services landscape. With around 290 million unbanked consumers in the region, embedded finance has the potential to help improve financial inclusion for those
Read MoreFinastra: 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
Read MoreUOB 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
Read MoreBreaking 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
Read MoreVietnam’s ABBANK Steps up Digital Transformation Plans With Backbase
An Binh Bank (ABBANK), a Vietnamese joint stock commercial bank, has partnered with digital banking software provider Backbase to transform its customers’ banking experiences. Supported by ABBANK’s local partner CMC Technology and Solution, Backbase will deliver the full suite of
Read MoreVPBank Selects Amazon Web Services as Its Cloud Provider
The Vietnam Prosperity Joint-Stock Commercial Bank (VPBank) has selected Amazon Web Services (AWS) to help it build digital banking experiences for its customers. VPBank will use AWS SageMaker and AWS AI Services to enhance its analytics capabilities and accelerate the
Read MoreCase Study: How Aspire Systems Helped a Sri Lankan Bank Scale Up Customer Satisfaction
Customer experience (CX) is the defining competitive differentiator in the banking industry today, and for good reason; financial institutions that invest in customer experience have higher rates of recommendation, greater wallet share, and are more likely to up-sell or cross-sell
Read MoreKASIKORNBANK Onboarded Two Million Users to Its App Last Year
KASIKORNBANK (KBank) onboarded two million new users on its K PLUS online banking app in 2022, more than a million of them were new to the bank itself. The surging use of its digital platforms with 98% of all KBank’s
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