Search Results for "unionbank"
Banks in APAC Are Increasingly Turning to Regtech to Tackle Compliance Challenges
In Asia-Pacific (APAC), an increasingly complex regulatory environment, changing customer behaviors and the shift to digital channels brought about COVID-19 have introduced new regulatory challenges to banks, forcing the industry to embrace technology to find more efficient ways to
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APAC’s Traditional Banks Are Shifting to a Cloud-First Strategy to Combat Digital Banks
Growing competition from new cloud native technology players, and rising demand from customers for digital-first, intelligent services are forcing banks in Asia-Pacific (APAC) to migrate to cloud-based infrastructure and become data-driven, an extensive report by the Asian Banker says. The
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7 Asia-Focused Fintech Webinars and Podcasts to Watch and Listen Now
Asia has become a hotspot of digital innovation in the global financial and banking sector, aided by the region’s young, digitally-savvy population, rapid digital adoption, and government support to advance financial inclusion. To help fintech professionals keep up with the
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Hong Kong’s Hex Trust Secures Digital Custody License From MAS
Hex Trust, a Hong Kong-based digital asset custodian, has secured a Capital Markets Services (CMS) license from the Monetary Authority of Singapore (MAS). The CMS license allows the company to provide custodial services regulated under Singapore’s Securities and Futures Act.
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Deutsche Bank and STACS Complete PoC for Digital Assets and ESG Bonds
Deutsche Bank’s Securities Services in Singapore and Hashstacs (STACS) announced the completion of their proof-of-concept (POC) referred to as Project Benja on the use of distributed ledger technology (DLT) for digital assets and sustainability-linked digital bonds. Set in the context
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eKYC to Fuel Asia’s Digital Banking Revolution
In Southeast Asia, governments are pushing for greater adoption of digital financial services by introducing favorable regulations on digital onboarding, digital banking, and more, experts said on December 3, 2020. During a virtual panel discussion with Fintech News last week,
Read MoreDigital Identity: Building Financial Services for Asia’s Digital Generation
Trends, regulatory development, and more
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Will AI Trigger Massive Job Losses in Financial Services?
In financial services, the adoption of artificial intelligence (AI) is growing rapidly, bringing in a plethora of opportunities for customer experience and personalization. Yet, the question of regulation still lingers and must be addressed to tackle the potential risks of
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Insurtech Platform Igloo Lands Partnership With Union Bank and Akulaku for Micro-Insurance
Igloo, Singapore-headquartered insurtech firm, announced partnerships with Union Bank of the Philippines and Indonesia’s Akulaku to offer micro-insurance policies. Akulaku is one of Indonesia’s most well-funded fintech startups who is best known for their “buy now, pay later” service. Igloo
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