Tag "technology"

Research Highlights Top Tech Trends in APAC to Watch out for in 2020

In Asia Pacific (APAC), #blockchain was in the top five most used hashtags around banking this year, with respondents in Malaysia being more likely than those in other countries to vote it as the most transformative of 2020, according to

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A Shocking 72% of APAC Companies Struggle to Harness Financial Crime Prevention Tech

Organizations across Asia Pacific (APAC) are looking to increase investment in technology to fence off financial crime, according to Refinitiv’s new Innovation and the Fight against Financial Crime survey. Refinitiv, a global provider of financial markets data and risk intelligence, surveyed

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10 Ways To Accelerate IoT Adoption Across Asia

The benefits of IoT span three particular categories, namely the Industrial 4.0 Revolution, smart cities and consumer IoT. Excluding Japan, the IoT market in Asia Pacific is expected to grow from US$250 bil to US$583 bil by 2019. Meanwhile global spending on

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ASEAN SMEs Looking To Invest More In Tech

Small and medium enterprises (SMEs) in the Association of Southeast Asian Nations (ASEAN) region are looking to invest more in technology in order to raise productivity and remain competitive, according to a report by EY, United Overseas Bank (UOB) and

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Simplifying Electronic Payments in Singapore

At Singapore’s recent National Day Rally, Prime Minister Lee Hsien Loong highlighted that while Singapore has the right ingredients to become, what has been dubbed, a ‘Smart Nation,’ there is still much to be done. PM Lee lamented that while

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InsurTech Is Disrupting Insurance Forever – Will There Still Be a Place for Human Financial Advisors?

Wave after wave of technological disruption has hit us in recent years and it looks like the insurance industry is next in line. Insurtech is the new tradename for an aggressively growing group of apps, software’s, and startups reinventing a

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The ASEAN Digital Journey to 2025

A report by the Global Transaction Banking (GTB) department of Deutsche Bank named Reimagining ASEAN: The digital journey to 2025, revealed that significant gaps remain before it becomes an “advanced digital region”. This is despite key economic policies signed by

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Singapore-Based Startup Raises Seed Funding from 500 Startups and Entering MAS FinTech Regulatory Sandbox

A Singapore digital insurance app that helps consumers organise all their insurance products in one place just raised money from 500 Startups and  received approval from MAS to enter a regulatory sandbox. The startup will be testing their solution over a

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Why the CIO Will Drive Bank Success in 2017 and Beyond

The banking Chief Innovation Officer, or CIO, has seen their role change in a very short space of time. It may even be argued that the modern demands of the bank CIO are so different to what came before that

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Singapore Selected as a Demo Day Country for Citi’s Global FinTech Initiative

Citi announced that Singapore has been selected as one of the countries to hold a Demo Day for its latest global FinTech initiative, the Citi Tech for Integrity Challenge(T4I), targeting the Public Sector. The Monetary Authority of Singapore has committed

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