Digital Transformation
Alibaba Cloud Launches Suite of Financial Services Solutions With Over 70 Products
Alibaba Cloud has launched its suite of solutions comprising over 70 products for financial service institutions (FSIs) of all sizes. The Alibaba Cloud for Financial Services solutions will support the entire digital journey of FSIs and give them easy access
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DBS: Singapore Leads the Pack in Digitalising Customer Experience
There is widespread enthusiasm among companies to digitalise customer experience and engagement but they faced significant challenges in achieving success, according to a search by DBS. The research revealed that 64% of businesses globally carried out a structured approach to
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Top 5 Fintechs in Indonesia to Watch in 2023
As we move into a new year, it’s time to start looking ahead to the next big thing in fintech. And there’s no better place to start than Indonesia. The country’s Ministry of Finance predicts that Indonesia’s economy could grow as much
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AI, Real-Time Analytics Among Banks’ Top Tech Investment Focuses in 2022
5G, artificial intelligence (AI), microservices and real-time analytics are amongst banks’ top investment focuses this year. These priority areas suggest that incumbents are currently concentrating on improving customer experience, delivering a true digital banking journey and reaching greater business agility,
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Top 5 Transformative Fintech Spaces to Watch in 2023
Unlike a lot of the next-generational technology that have thus far failed to live up to their full purported transformational abilities, the disruptive potential of financial technology (fintech) has been more evident in numerous practical use cases. And in 2023,
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Finding the Light at the End of the Fintech Layoffs Tunnel
Fintech firms in ASEAN are not unaffected by the employment cuts hitting the headlines this year. Compared to 2021, when the industry was flushed with record funding and mass hiring, 2022 completely flipped the script and ended with belts tightened
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Agile Banking Transformation: A New Era in Banking
The world of financial services is in a state of constant change, with many traditional banks across the Asia Pacific, and indeed the world, now actively pursuing digital transformation strategies. For many of these organisations, it has been the impact
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Bank Rakyat Indonesia Bolsters Its Digital Savings Offering to Expand Its Reach
Indonesians have been increasingly turning towards a digital lifestyle especially during the pandemic where banks were forced to accelerate their digitisation to accommodate their customers’ needs. In line with this, banks need to create a digital platform that performs as
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Making Sense of Fintech Fraud in APAC
As technological advances significantly change people’s daily lives, the benefits from these advances essentially boil down to one aspect, convenience. Technology has allowed business and social activities to expand and remain primarily online. This includes transactional decisions from purchasing tangible
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Monetising in the Metaverse: Distant Possibility or Reality?
In the virtual world of the metaverse, people don’t just visit – they inhabit. It’s a place where they can be whoever they want to be and do whatever they want. The term ‘metaverse’ was first coined in a book
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