Innovation
Is Southeast Asia Entering Its Golden Age of Fintech?
Despite limited access to traditional banking services, rising smartphone penetration and rapid e-commerce growth have led to an increase in the use of digital financial services in Southeast Asia. Today, the region is emerging as a hotspot for fintech innovation
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Next Gen Finance Professionals Need to Embrace Major Upskilling to Keep Pace
Refinitiv’s new report “Workspace Without Limits” explores the data challenges financial professionals are facing, and the role that technology, interoperability and programming skills play in solving for some of these challenges; enhancing productivity, and helping firms differentiate against the competition.
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LSEG Labs Powers Key Projects With Machine Learning for Deeper Insights
The London Stock Exchange Group (LSEG) is ramping up innovation efforts, tapping into technologies including artificial intelligence (AI), machine learning (ML), natural language processing (NLP), and APIs to provide finance professionals with more accurate market intelligence, deeper insights and facilitate
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London Stock Exchange Sets up Sustainability-Focused Finance Unit in Singapore
London Stock Exchange Group (LSEG) has launched a dedicated sustainable finance innovation unit in Singapore as a part of its new LSEG Labs network. According to LSEG, the unit will be focused on creating sustainable finance capabilities to accelerate innovation
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Banking-as-a-Service: A Promising Sector in Southeast Asia
In Southeast Asia, banking-as-a-service (BaaS) can help financial institutions reach a greater number of customers and improve financial inclusion. But for BaaS to reach its full potential, the sharing of data is critical, Arvind Swami, director of business development for
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Top 10 Fintech and Insurtech Innovation Labs in Singapore to Check Out in 2021
Singapore, which has set out to become one of the leading fintech hubs in the world, has witnessed the establishment of dozens of innovations labs in recent years as banks and foreign tech firms are looking to capitalize on the
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Huawei and IDC’s Banking Resilience Index Uncovers How FIs Responded to COVID-19
A new whitepaper by Huawei and the International Data Corporation (IDC) looks at how banks around the world have responded to the COVID-19 pandemic and identifies the way forward in the new normal. In a report titled Banking Industry Rises
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Global Ecosystem for Digital Transformation in the Financial Sector
COVID-19 has speeded up digital transformation by several years. According to a new McKinsey Global Survey of executives, companies across regions and industries have accelerated the digitalization of their customer and supply chain interactions, as well as of their internal
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Enterprise Open Source and the Future of Banking
Financial services are in the midst of a profound digital transformation, driven by technological advances, changing customer expectations, and the COVID-19 pandemic. The ongoing public health crisis has accelerated the shift to digital, and at this point, it is safe
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Highlights from CREALOGIX’s Open Innovation Day 2020
CREALOGIX‘s online event Open Innovation Day 2020 had over 700 people registering from 40 different countries as the topic of innovation in digital banking is a high priority across the globe. From the discussions, the sense of urgency came across
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